National Custom Retail Manufacturer | Michigan |… — Sale in Charlevoix (Northern Michigan), MI

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Retail Business
  • Location: Charlevoix (Northern Michigan), MI 49720
  • Year built: 2000

Photos

National Custom Retail Manufacturer | Michigan |… — Sale in Charlevoix (Northern Michigan), MI, photo 1 of 8
National Custom Retail Manufacturer | Michigan |… — Sale in Charlevoix (Northern Michigan), MI, photo 2 of 8
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National Custom Retail Manufacturer | Michigan |… — Sale in Charlevoix (Northern Michigan), MI, photo 8 of 8

Investment Figures

Cap rate
8.50%

Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.

Description

Charlevoix sits on the narrow isthmus separating Lake Michigan from Lake Charlevoix, roughly 17 miles southwest of Petoskey and 50 miles northeast of Traverse City, along US-31 — Northern Michigan’s principal north–south commercial corridor. The city’s Round Lake basin, connected to Lake Michigan through the dredged Pine River channel, has long been considered one of the finest natural harbors on the lake, and it still supports commercial marine traffic alongside the recreational fleet. The regional economy rests on three legs. Manufacturing and heavy industry are anchored by EJ, the castings and infrastructure producer headquartered in nearby East Jordan with a second foundry in Elmira; St. Marys Cement operates an integrated plant in Charlevoix with roughly 1.4 million tonnes of annual cement capacity; Petoskey Plastics and Great Lakes Energy round out the base. Healthcare provides the second leg, through Munson Healthcare Charlevoix Hospital and McLaren Northern Michigan in Petoskey. The third is a four-season resort and second-home economy — Boyne Resorts’ Boyne Mountain and The Highlands at Harbor Springs, Bay Harbor, Walloon Lake, and the Beaver Island ferry — that drives construction, hospitality, and retail spending only loosely correlated with the industrial cycle. Charlevoix County counted an estimated 26,036 residents in July 2025, with a median household income of $76,531, 35.2 percent of adults holding a bachelor’s degree or higher, and unemployment of 5.3 percent as of April 2026. The wider Traverse City MSA grew 5.6 percent between 2014 and 2024, more than triple Michigan’s statewide rate. Workforce pipelines run through North Central Michigan College in Petoskey, Northwestern Michigan College in Traverse City, and Northwest Michigan Works! Investment Highlights: • Long-Term Absolute Net Lease with Zero Landlord Responsibilities, featuring Above-Market 3.5% Annual Rental Increases throughout the Initial Term and all Option Periods. • The Property Enj

Market Context

This retail in Charlevoix (Northern Michigan), MI is listed for sale. It is offered at an approximate 8.5% capitalization rate, a key benchmark for income-producing retail assets. The building dates to 2000. Compare it against other retail listings for sale in Charlevoix (Northern Michigan), MI — view the full market.

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