11,180 SF - FORMER DRUG STORE
11,180 SF Former Drug Store | Charlevoix, MI For Lease or Sale – Asking Price: $1,350,000
Marketing description
Encore Real Estate Investment Services is pleased to present the opportunity to acquire or lease a well-positioned 11,180 square foot former pharmacy located at 195 M-66 Highway in Charlevoix, Michigan. Situated on 1.13 acres of land and featuring a drive-thru, this property presents a highly flexible opportunity for either owner-users or investors seeking value in a growing market.
Key highlights include a brand-new roof installed in 2022 with a 20-year transferable warranty, over 27,900 combined daily traffic counts, and General Commercial zoning, allowing for a wide range of potential uses. The site benefits from its proximity to affluent Downtown Charlevoix, located just five minutes away, and sits directly across from the Charlevoix Municipal Airport, enhancing accessibility and visibility.
Charlevoix is a renowned tourist destination known for its lakes, beaches, golf courses, and seasonal homes, resulting in a significant population swell during the summer months. This dynamic, coupled with the property’s location as an outparcel to a busy Family Fare grocery-anchored center, creates strong potential for both retail and service-driven businesses.
The asset was partially remodeled in 2018 by the previous tenant, offering a modernized infrastructure. Ample parking with 41 standard spaces and 2 handicap spaces further supports a range of end-user possibilities.
Investment Highlights:
11,180 SF Former Pharmacy Building
1.13 Acres with Drive-Thru Capability
New Roof Installed (2022) with 20-Year Warranty
Strong Traffic Counts – 27,930+ Vehicles Daily
GC Zoning – Wide Range of Use Flexibility
Located Across from Charlevoix Municipal Airport
Affluent Tourist Destination with Seasonal Population Growth
Positioned as an Outparcel to a Busy Grocery-Anchored Retail Center
This is a rare opportunity to acquire a highly versatile, well-located asset in one of Michigan’s most attractive resort towns.
Investment highlights
11,180 Square Foot Former Pharmacy Building Located on 1.13 Acres of Land
Brand New Roof Installed in 2022 with a 20 Year Transferable Warranty
Drive Thru Equipped Asset - The Former Tenant Invested $$ into a Remodel in 2018
Combined Traffic Counts in Excess of 27,930 Daily
GC Zoning - Offers a Wide Range of Uses
Located Just Five Minutes from Affluent Downtown Charlevoix - Directly Across the Street from Charlevoix Municipal Airport
Charlevoix is a Busy Tourist Town Popular for its Lakes, Beaches, Golf Courses & Attractions | Population Increases Dramatically During Summer Months Due to Tourism and High Number of Vacation/Seasonal Homes
Outparcel to a Busy Family Fare Grocery Store and Retail Center
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