Pellston MI Real Estate & Commercial for Sale

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Beds:
n/a
Baths:
Sq.Ft.:
17,560
Status:
Active
MLS#:
1950321
Type:
Multi-Family
Subdivision:
Metes and bounds
Lot size:
5 Acres
Year built:
2023
Courtesy: Coldwell Banker Schmidt Traverse City 231-835-1555
View additional info

ADDITIONAL INFORMATION

HIGHWAY CORRIDOR PORTFOLIO WITH AIRPORT EXPOSURE & MASSIVE BUILD-OUT UPSIDE: Priced at $1,750,000, this rare multi-asset 7.8% CAP RATE commercial portfolio delivers immediate diversified cash flow paired with a preapproved development segway for 440 additional fully approved storage units on 7 expansion pads. Positioned directly on a high-traffic 6266 AADT highway corridor, the property features unparalleled logistical visibility, sitting directly across from the Pellston Regional Airport on over 5 total acres and 400' of frontage-seamlessly abutting state land on the easterly line. The existing revenue stream is anchored by 110 self-storage units with prime highway frontage and an active, high-margin U-Haul Dealership Pick up and Drop off site that acts as a built-in customer acquisition engine. The sale includes an adjacent parcel featuring 2 rental homes generating an immediate $1,950 in monthly gross revenue ($23,400 annually), plus a high-visibility commercial pole building with offices, bathroom and commercial kitchen fixtures- currently leased to a business that plans to continue leasing. While enjoying this multi-stream income on day one, the incoming investor acquires a massive future development asset completely ready to break ground. Skip the risky, multi-year municipal zoning and approval process, capitalize instantly on the airport-adjacent location, and expand the existing storage footprint by 7 pads. Ideal for portfolio investors looking for stable, diversified yield paired with a permitted upside. Financial documents and fully engineered facility layout plans are available. Don’t miss this generational chance to secure a cash-flowing asset today while building your real estate legacy tomorrow— step into an incredibly rewarding investment with endless potential!

Beds:
n/a
Baths:
Sq.Ft.:
17,560
Status:
Active
MLS#:
80073333
Type:
Business Opportunities
Subdivision:
Metes and bounds
Lot size:
5 Acres
Year built:
2023
Courtesy: Coldwell Banker Schmidt Traverse City 231-922-2350
View additional info

ADDITIONAL INFORMATION

HIGHWAY CORRIDOR PORTFOLIO WITH AIRPORT EXPOSURE & MASSIVE BUILD-OUT UPSIDE: Priced at $1,750,000, this rare multi-asset 7.8% CAP RATE commercial portfolio delivers immediate diversified cash flow paired with a preapproved development segway for 440 additional fully approved storage units on 7 expansion pads. Positioned directly on a high-traffic 6266 AADT highway corridor, the property features unparalleled logistical visibility, sitting directly across from the Pellston Regional Airport on over 5 total acres and 400' of frontage-seamlessly abutting state land on the easterly line. The existing revenue stream is anchored by 110 self-storage units with prime highway frontage and an active, high-margin U-Haul Dealership Pick up and Drop off site that acts as a built-in customer acquisition engine. The sale includes an adjacent parcel featuring 2 rental homes generating an immediate $1,950 in monthly gross revenue ($23,400 annually), plus a high-visibility commercial pole building with offices, bathroom and commercial kitchen fixtures- currently leased to a business that plans to continue leasing. While enjoying this multi-stream income on day one, the incoming investor acquires a massive future development asset completely ready to break ground. Skip the risky, multi-year municipal zoning and approval process, capitalize instantly on the airport-adjacent location, and expand the existing storage footprint by 7 pads. Ideal for portfolio investors looking for stable, diversified yield paired with a permitted upside. Financial documents and fully engineered facility layout plans are available. Don’t miss this generational chance to secure a cash-flowing asset today while building your real estate legacy tomorrow— step into an incredibly rewarding investment with endless potential!

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Andrea D. Conner, License 6502432340, Xome Inc., License 6505376883, [email protected], 844-400-XOME (9663), 71 Walnut, Suite 206, Rochester, MI 48307

The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Copyright© Northern Great Lakes REALTORS® MLS. All Rights Reserved.

Andrea D. Conner, License 6502432340, Xome Inc., License 6505376883, [email protected], 844-400-XOME (9663), 71 Walnut, Suite 206, Rochester, MI 48307

Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource. The information published and disseminated by MiRealSource is communicated verbatim, without change by MiRealSource, as filed with MiRealSource by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Copyright 2026 MiRealSource. All rights reserved. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc. Provided through IDX via MiRealSource, as the “Source MLS”, courtesy of the Originating MLS shown on the property listing, as the Originating MLS. The information published and disseminated by the Originating MLS is communicated verbatim, without change by the Originating MLS, as filed with it by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Copyright 2026 MiRealSource. All rights reserved. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc.



Pellston Real Estate

Pellston is located in Michigan. Pellston, Michigan has a population of 790. Pellston is less family-centric than the surrounding county with 20.72% of the households containing married families with children. The county average for households married with children is 27.27%.

The median household income in Pellston, Michigan is $45,078. The median household income for the surrounding county is $63,488 compared to the national median of $69,021. The median age of people living in Pellston is 38.9 years.

Pellston Weather

The average high temperature in July is 77.5 degrees, with an average low temperature in January of 9.3 degrees. The average rainfall is approximately 30.9 inches per year, with 97.4 inches of snow per year.

Pellston Map

Pellston Real Estate Market Conditions

  • Median sales price

    $293,250
    21.4%
    change since last quarter
  • # Active listings

    4
    30-day change

Pellston Schools and Demographics

Education near Pellston, MI

City County
High School Graduates 96.84 95.38
College Degree - 2 year 12.48 10
College Degree - 4 year 14.41 36.97
Graduate Degree 1.76 11.6
Expenditures per Student 13,366 13,366
Students per Teacher 14.9 14.9

Elementary Schools near Pellston, MI

Grades Students P/T Ratio ZIP
Blackbird Elementary School PK - 02 157 13.5 49740
Central Elementary School PK - 05 269 18 49770
Lincoln School KG - 05 268 17.1 49770
Ottawa Elementary School KG - 05 339 17.2 49770
Pellston Elementary School PK - 05 235 13.4 49769
Petoskey Montessori Elementary School PK - 05 34 29.6 49770
Shay Elementary School 03 - 05 168 16.6 49740
Sheridan School KG - 05 280 18.1 49770

Middle Schools near Pellston, MI

Grades Students P/T Ratio ZIP
Harbor Springs Middle School 06 - 08 209 16.9 49740
Petoskey Middle School 06 - 08 683 19.5 49770

High Schools near Pellston, MI

Grades Students P/T Ratio ZIP
Harbor Springs High School 09 - 12 286 15.5 49740
Pellston Middle/High School 06 - 12 314 16.5 49769
Petoskey High School 09 - 12 986 20.4 49770

Ungraded Schools near Pellston, MI

Grades Students P/T Ratio ZIP
Alanson Public School PK - 12 256 13.8 49706
Concord Academy - Petoskey KG - 12 211 13.6 49770
Mackinaw City K-12 School PK - 12 177 11.6 49701

Demographics near Pellston, MI

City County
Neighborhood Type Small Town
Population 790 33,946
Population Density 405 73
Median Age 38.9 45.6
People per Household 2.4 2.4
Median Household Income 45,078 63,488
Average Income per Capita 22,099 38,890

Real estate near Pellston