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Bank-Owned Property For Sale

The following commercial properties, residential properties and land/development properties are currently owned by the bank and available for sale. If you are interested in viewing any of these properties, please contact the individual listed for each property.

Commercial Properties For Sale

100-106 Main St. - Cheboygan, MI

INCOME OPPORTUNITY

  • 3 storefront commercial units
  • 5 upper level housing
  • Remodeled in 2005
  • Downtown location
  • Large shared parking lot

Asking Price:  $ 275,000.00

Contact: Darren Selden
                (231) 627-7111

Property Info Sheet - 100-106 N. Main St. Property Info Sheet - 100-106 N. Main St. (293 KB)


6303 N. Straits Highway-Cheboygan County

INCOME OPPORTUNITY

  • 5,120 sq. ft.
  • 5.01 acres
  • commercial
  • Paved drive w/gravel parking
  • INCOME OPPORTUNITY

Asking Price:  $ 165,000.00

Contact: Darren Selden
                (231) 627-7111

Property Info Sheet - 6047 N. Straits Highway Property Info Sheet - 6047 N. Straits Highway (976 KB)



6047 N. Straits Highway - Cheboygan County

INCOME OPPORTUNITY

  • 140 Storage Units
  • Office/Shop building
  • 816 sq. ft.
  • INCOME OPPORTUNITY
  • 10 x 9 Utility Shed

Asking Price:  $ 275,000.00

Contact: Darren Selden

(231) 627-7111

Property Info Sheet - 6047 N. Straits Highway Property Info Sheet - 6047 N. Straits Highway (976 KB)


972-976 Mackinaw Ave- Cheboygan

INCOME OPPORTUNITY

SALE PENDING

  • 3 units
  • 12 apartments
  • Across from park
  • Near downtown
  • INCOME OPPORTUNITY

Asking Price: $225,000.00

Contact: Darren Selden
                 (231) 627-7111


202 E. State St.- Cheboygan, MI

INCOME OPPORTUNITY

  • 2 storefront units
  • 3 upper level housing
  • INCOME OPPORTUNITY
  • Zoned B-3, general business
  • 7,000 square feet

Asking Price:  $99,500.00

Contact: Darren Selden
                (231) 627-7111

Property Info Sheet - 202 E. State St. Property Info Sheet - 202 E. State St. (177 KB)



3444 N. M-211, Onaway, MI

INCOME OPPORTUNITY

  • 98 seat restaurant
  • 20 seat bar
  • fully equipped kitchen
  • 7.28 acre lot
  • 317,000 square feet

Asking Price:  $ 250,000.00

Contact: Doug Damm
                (231) 627-7111

Property Info Sheet - 3444 N. M-211 Property Info Sheet - 3444 N. M-211 (369 KB)


4846 S. Straits Highway -  Indian River, MI

INCOME OPPORTUNITY

  • Hotel/motel
  • High traffic location
  • Near Mullett & Burt Lakes
  • Basketball court
  • INCOME OPPORTUNITY

Asking Price:   $125,000.00

Contact: Darren Selden  (231)627-7111

Property Info Sheet - 4846 S. Straits Highway Property Info Sheet - 4846 S. Straits Highway (415 KB)



217, 219 & 221 N. Main St. - Cheboygan

INCOME OPPORTUNITY

  • 3 ground level commercial units
  • Upper level housingl
  • Remodeled in 2005
  • Downtown Business District
  • Garage and parking in rear

Asking Price:  $ 295,000.00

Contact: Darren Selden
                (231) 627-7111

Property Info Sheet - 217,219,221 N. Main St. Property Info Sheet - 217,219,221 N. Main St. (151 KB)


 

11523 N. Straits Highway-Cheboygan

INCOME OPPORTUNITY

  • 4retail units
  • Excellent location on major highway
  • 2 lower level living quarters
  • INCOME OPPORTUNITY
  • Current tenants

Asking Price:  $120,000.00

Contact: Darren Selden
                (231) 627-7111

Property Info Sheet - 11523 N. Straits Highway Property Info Sheet - 11523 N. Straits Highway (215 KB)



1237 Mackinaw Ave. - Cheboygan

INCOME OPPORTUNITY

  • 17 unit motel
  • 9-2 bedroom units
  • 8-1 bedroom units
  • On the trail system
  • Managers residence

Asking Price:  $ 205,000.00

Contact: Darren Selden
                (231) 627-7111

Property Info Sheet - 1237 Mackinaw Ave., Cheboygan Property Info Sheet - 1237 Mackinaw Ave., Cheboygan (355 KB)


 

Residential Properties For Sale

987 Mackinaw Ave.- Cheboygan, MI

SALE PENDING

INCOME OPPORTUNITY

  • 3 apartments
  • 4 smaller, detached units in rear
  • Close to downtown
  • Formerly an old school house

Asking Price: $88,500.00

Contact: Darren Selden
                 (231) 627-7111

Property Info Sheet - 987 Mackinaw Ave, Cheboygan Property Info Sheet - 987 Mackinaw Ave, Cheboygan (397 KB)




5272 Abbey Lane-Onaway, MI

SALE PENDING
  • Located on Black Lake
  • 4 bedroom, 3 bath
  • Stone fireplace
  • Wine cellar
  • Additional detached 2 stall garage

Asking Price: $435,000.00

Contact: Doug Damm
                 (231) 627-7111

Property Info Sheet - 5272 Abbey Lane, Onaway Property Info Sheet - 5272 Abbey Lane, Onaway (309 KB)




3826 S.Second St. - Onaway, MI

  • 2 Apartments
  • Income Potential
  • Quiet neighborhood
  • Zoned residential
  • Presque Isle County

Asking Price: $15,000

Contact: Darren Selden
                 (231) 627-7111

Property Info Sheet - 3826 S. Second St., Onaway Property Info Sheet - 3826 S. Second St., Onaway (416 KB)



7186 Shane Lane-Cheboygan, MI

  • Corner lot
  • New kitchen
  • 3 bedroom
  • 5 miles south of Cheboygan

Asking Price: $65,000.00

Contact: Darren Selden
                 (231) 627-7111

Property Info Sheet - 7186 Shane Lane Property Info Sheet - 7186 Shane Lane (228 KB)




136 S. Benton St. - Cheboygan

SALE PENDING

  • Corner lot
  • 5 bedrooms
  • Close to town
  • Enclosed porch

Asking Price: $45,000.00

Contact: Darren Selden
                 (231) 627-7111

Property Info Sheet - 136 S. Benton St. Property Info Sheet - 136 S. Benton St. (335 KB)



 

Land Development

Ridgeview Country Estates- Cheboygan County

  • Only 4 lots left
  • Scenic views
  • 30 acre parcel for sale, next to subdivision
  • 2 vacant lots for sale, next to subdivision

Contact: Coldwell Banker, Audrey Martinchek (231) 627-9959

or

Darren Selden (231) 627-7111               



CONTACT US: 303 North Main Street • Cheboygan, MI 49721 • Tel.: (231) 627-7111         Telebanc Phone Number: (888) 627-1960