Commercial Real Estate in Michigan available for sale
Owner Financed Properties For Sale

Owner Financed Properties for Sale in Michigan, USA

More details for 408 Fairview St, Houghton, MI - Multifamily for Sale

The Elements - 408 Fairview St

Houghton, MI 49931

  • Owner Financed Property
  • Multifamily for Sale
  • Price Upon Request
  • 197,932 SF
  • Air Conditioning
  • 24 Hour Access
  • Controlled Access
  • Kitchen

Houghton Multifamily for Sale

***Do not approach tenants or staff*** Bid Deadline May 7th at 4pm EST Hull Multifamily Advisors is pleased to present the exclusive offering of The Elements Apartments, a premier student housing community located in Houghton, Michigan. Constructed in three phases between 2015 and 2024, this 428-bed asset is situated less than one block from Michigan Technological University, offering unmatched proximity to campus. The property consists of three buildings (E1, E2, and E3) and features a diverse unit mix of studio, one-, two-, three-, and four-bedroom floor plans designed to accommodate a wide range of student housing preferences. The asset is structured with tenant-paid electric (in Buildings E2 and E3 only), while ownership currently covers water and gas. Residents benefit from a strong amenity package, including in-unit washers and dryers, a 24-hour fitness center, fully furnished units in E1, heated garages, and an on-site convenience store that enhances both resident experience and ancillary income. While current ownership has developed and maintained the property to an exceptional standard, it is currently operating at 74% occupancy, presenting a compelling lease-up and value-add opportunity. This temporary softness is primarily due to the recent completion of Building E1 (95 units) in 2024, along with additional housing delivered by Michigan Technological University at the same time, as the market works to absorb new supply. Prior to E1’s delivery, the asset consistently achieved near 100% occupancy since 2015, demonstrating strong and proven demand. Looking ahead, Michigan Tech has increased enrollment over the past two years and is expected to welcome the largest incoming class in its history in Fall 2026, which should drive renewed leasing velocity. With no known student housing developments currently underway in the immediate market (costar.com), future supply remains limited, positioning the property for stabilization, improved cash flow, and meaningful value creation. Additionally, current ownership is offering an attractive seller financing option, including 20% down, 4.75% interest, 30-year amortization, and a 5-year balloon (subject to final terms), providing investors with favorable leverage and enhanced return potential. Please contact Hull Multifamily Advisors for additional details before this newly constructed, value-add trophy asset is gone.

Contact:

Hull Multifamily Advisors

Property Subtype:

Apartment

Date on Market:

2026-03-25

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More details for 283-Unit Pontiac Portfolio – Multifamily for Sale, Pontiac, MI

283-Unit Pontiac Portfolio

  • Owner Financed Property
  • Multifamily for Sale
  • Price Upon Request
  • 253,469 SF
  • 4 Multifamily Properties
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More details for 25200 Telegraph Rd, Southfield, MI - Office for Sale

Mars Corporate Center - 25200 Telegraph Rd

Southfield, MI 48033

  • Owner Financed Property
  • Office for Sale
  • Price Upon Request
  • 186,000 SF
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More details for 6028 Vanderbilt Dr, Mount Morris, MI - Multifamily for Sale

Vanderbilt Townhomes - 6028 Vanderbilt Dr

Mount Morris, MI 48458

  • Owner Financed Property
  • Multifamily for Sale
  • $6,730,878 CAD
  • 141,512 SF
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More details for 3071 Alabaster Rd, Tawas City, MI - Office for Sale

3071 Alabaster Rd

Tawas City, MI 48763

  • Owner Financed Property
  • Office for Sale
  • $624,513 CAD
  • 1,950 SF

Tawas City Office for Sale

Set within the natural beauty and open landscapes of Michigan’s Sunrise Coast, 3071 Alabaster Road presents a rare chance to acquire a turnkey agricultural property uniquely tailored for outdoor cannabis cultivation. The site spans seventeen fully improved acres, delivering an exceptional combination of infrastructure, privacy, and scalability for buyers seeking a ready-to-operate environment. With dedicated agricultural use already established, this property stands out as a strategic investment for operators or investors pursuing cultivation expansion within a supportive rural setting. Designed with functionality in mind, the grounds include a modular double-wide building positioned toward the rear of the parcel, offering immediate utility for on-site management or operational support. The property benefits from a 60-gallon-per-minute well, providing strong water reliability essential for outdoor grow operations. All equipment servicing the cultivation activity remains in place, creating a true turnkey scenario for acquirers aiming to accelerate startup timelines. While the property no longer conveys cannabis licenses, it provides the physical backbone needed for compliant cultivation activity under current Michigan regulations. Location is another decisive advantage. Positioned just minutes from direct access to I-75, the site offers efficient north–south connectivity and places operators within a two-hour radius of the Metro Detroit region. This accessibility supports streamlined logistics, supply chain integration, and workforce reach. The surrounding Tawas City community features balanced demographics, stable household incomes, and a blend of rural residential and commercial uses, further supporting long-term operational viability. With a competitive asking price and seller financing available, 3071 Alabaster Road stands as an outstanding opportunity for buyers seeking a cultivation-ready asset with the infrastructure, acreage, and strategic positioning needed for sustainable growth.

Contact:

C3 CRE, LLC

Date on Market:

2026-03-02

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More details for CANNABIS OUTDOOR CULTIVATION CENTER – for Sale, Alabaster, MI

CANNABIS OUTDOOR CULTIVATION CENTER

  • Owner Financed Property
  • Mixed Types for Sale
  • $1,249,028 CAD
  • 4 Properties | Mixed Types

Alabaster Portfolio of properties for Sale

3171 Alabaster Road in Tawas City presents a rare opportunity to acquire a fully established, formerly operating outdoor cannabis cultivation operation situated within a secure, fully improved 20-acre agricultural site. This turnkey property offers an exceptional foundation for operators seeking immediate deployment in a market where licensed, infrastructure-ready cultivation sites are increasingly scarce. The offering includes a full suite of improvements, multiple cultivation structures, on-site water systems, security enhancements, and essential agricultural equipment, creating a comprehensive platform for production, expansion, or redevelopment. At the center of the property are two substantial greenhouse structures, each built with integrated irrigation, climate-support systems, and functional layouts designed for veg and dry cycles. A dedicated barn provides additional workspace, storage, and operational flexibility. The modular office enhances daily workflow by supporting administrative, compliance, and personnel needs. The entire 20 acres have been fully drained, tiled, and automated with a robust irrigation network, enabling consistent and scalable cultivation output across the site. With an estimated historical production capacity nearing 90,000 outdoor plants, the property offers significant potential for future cycles depending on operator strategy. Infrastructure advantages include two deep water wells, a septic system, five commercial freezers, a Generac generator, an RO water system, multiple tractors and implements, ATVs, and a full-property camera and alarm network for compliant operations. Excellent regional access positions the property within close proximity to I-75 and roughly two hours from Metro Detroit, providing strong logistical connectivity for transport, staffing, and supply chain needs. With seller financing available, this property delivers a rare combination of licensing potential, operational readiness, and large-scale agricultural capability for buyers seeking a proven Michigan cultivation asset.

Contact:

C3 CRE, LLC

Property Subtype:

Mixed Types

Date on Market:

2026-02-02

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More details for 317 N Bridge St, Grand Ledge, MI - Industrial for Sale

317 N Bridge St

Grand Ledge, MI 48837

  • Owner Financed Property
  • Industrial for Sale
  • $1,665,372 CAD
  • 13,702 SF
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More details for 117 U.S. 23 Hwy, Harrisville, MI - Retail for Sale

117 US 23 Hwy, Harrisville Mi 48740 - 117 U.S. 23 Hwy

Harrisville, MI 48740

  • Owner Financed Property
  • Retail for Sale
  • $451,038 CAD
  • 9,016 SF
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More details for 8820 Lyndon St, Detroit, MI - Industrial for Sale

8820 Lyndon St

Detroit, MI 48238

  • Owner Financed Property
  • Industrial for Sale
  • $539,858 CAD
  • 12,600 SF
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More details for 1500 Kdf Dr, Three Rivers, MI - Office for Sale

1500 Kdf Dr

Three Rivers, MI 49093

  • Owner Financed Property
  • Office for Sale
  • $484,346 CAD
  • 5,130 SF
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More details for 8443 Chalfonte St, Detroit, MI - Flex for Sale

8443 Chalfonte St, Detroit, MI 48238 - 8443 Chalfonte St

Detroit, MI 48238

  • Owner Financed Property
  • Flex for Sale
  • $138,781 CAD
  • 1,098 SF
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More details for 935 W M-36, Pinckney, MI - Specialty for Sale

Former Pinckney Elementary School - 935 W M-36

Pinckney, MI 48169

  • Owner Financed Property
  • Specialty for Sale
  • $3,469,525 CAD
  • 38,959 SF
  • Air Conditioning

Pinckney Specialty for Sale - Livingston County

Marketing Narrative – For Sale Positioned in the heart of Pinckney’s Research-Technology-Office District, 935 West M-36 offers a rare opportunity to acquire a versatile development site in one of Michigan’s most desirable growth corridors. This 14-acre property features a partially rehabilitated structure with significant infrastructure upgrades, including new metal trusses, insulated roofing panels, and enhanced plumbing systems, providing a strong foundation for a wide range of uses. Whether your vision includes retail, office, industrial, medical, or research facilities, this site is primed for transformation. The property benefits from completed site improvements such as a retention pond, sidewalks, and curb cuts, ensuring readiness for immediate development. Surrounded by established residential neighborhoods and national retailers, the location delivers exceptional visibility and accessibility along M-36, a key regional thoroughfare. Demographics underscore the area’s strength, with average household incomes exceeding $125,000 within a five-mile radius, creating a robust consumer base for future tenants or end-users. Offered at $2,950,000 with seller financing available, this asset represents a strategic investment in a high-income community with strong growth potential. Its flexible zoning within the RTO District allows for cannabis-related businesses, research and development facilities, and other specialized uses, making it an ideal choice for developers seeking a competitive edge in Michigan’s evolving commercial landscape.

Contact:

C3 CRE, LLC

Property Subtype:

Schools

Date on Market:

2024-11-12

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More details for 9459 Lapeer Rd, Davison, MI - Office for Sale

9459 Lapeer Rd

Davison, MI 48423

  • Owner Financed Property
  • Office for Sale
  • $970,079 CAD
  • 3,120 SF
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