# 4987 Loeb Road, Charlevoix, MI 49720

> **TL;DR:** commercial, $1,495,000 ($237/sqft), 6,317 sqft. Est. $7,996/mo.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $1,495,000 |
| Price/sqft | $237 |
| Square Feet | 6,317 |
| Lot Size | 87,120 sqft (2.00 acres) |
| Property Type | Commercial (Other) |
| Status | Active |
| Days on Market | 0 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Principal & Interest (20% down, 30-year at 6.5%) | $7,560 |
| Estimated Insurance | $436 |
| **Total** | **$7,996** |

## Property Highlights

- 2.00 acre lot

## Description

### Agent Description
Seize this opportunity to own a 3-building residential compound situated on 2 acres. Currently configured as 7 finished, leased units, the property is approved for up to 8 total units, offering an immediate value-add opportunity for the astute investor. Whether managed as a dedicated income property or utilized for a blend of owner-occupancy and rentals, this flexible layout caters to a variety of strategies. Ample land, established buildings, and a clear path to maximum density make this a standout acquisition.

## Location

- **Address:** 4987 Loeb Road, Charlevoix, MI 49720
- **County:** Charlevoix
- **Coordinates:** 45.278523, -85.250891
- **Google Maps:** https://www.google.com/maps?q=45.278523,-85.250891

## Listing Agent

- **Name:** Matthew Murray
- **Brokerage:** Berkshire Hathaway HomeServices Real Estate
- **Phone:** 2316753730
- **Broker Phone:** 2315479905
- **Listing URL:** [View original listing](https://listings.listhub.net/pages/NMIMLS/480480/?channel=propsimple)

## Photos

![4987 Loeb Road - Photo 1](http://lh.rdcpix.com/df66d2a3c8bed09a17f71ea394c95e33l-f3451908598r.jpg)

![4987 Loeb Road - Photo 2](http://lh.rdcpix.com/df66d2a3c8bed09a17f71ea394c95e33l-f3135880617r.jpg)

![4987 Loeb Road - Photo 3](http://lh.rdcpix.com/df66d2a3c8bed09a17f71ea394c95e33l-f3319593463r.jpg)

![4987 Loeb Road - Photo 4](http://lh.rdcpix.com/df66d2a3c8bed09a17f71ea394c95e33l-f2150346145r.jpg)

![4987 Loeb Road - Photo 5](http://lh.rdcpix.com/df66d2a3c8bed09a17f71ea394c95e33l-f395966387r.jpg)

![4987 Loeb Road - Photo 6](http://lh.rdcpix.com/df66d2a3c8bed09a17f71ea394c95e33l-f3173813491r.jpg)

![4987 Loeb Road - Photo 7](http://lh.rdcpix.com/df66d2a3c8bed09a17f71ea394c95e33l-f3045191779r.jpg)

![4987 Loeb Road - Photo 8](http://lh.rdcpix.com/df66d2a3c8bed09a17f71ea394c95e33l-f3980224373r.jpg)

![4987 Loeb Road - Photo 9](http://lh.rdcpix.com/df66d2a3c8bed09a17f71ea394c95e33l-f988934474r.jpg)

![4987 Loeb Road - Photo 10](http://lh.rdcpix.com/df66d2a3c8bed09a17f71ea394c95e33l-f510285123r.jpg)

![4987 Loeb Road - Photo 11](http://lh.rdcpix.com/df66d2a3c8bed09a17f71ea394c95e33l-f3886574666r.jpg)

![4987 Loeb Road - Photo 12](http://lh.rdcpix.com/df66d2a3c8bed09a17f71ea394c95e33l-f2220977868r.jpg)

![4987 Loeb Road - Photo 13](http://lh.rdcpix.com/df66d2a3c8bed09a17f71ea394c95e33l-f3930071978r.jpg)

![4987 Loeb Road - Photo 14](http://lh.rdcpix.com/df66d2a3c8bed09a17f71ea394c95e33l-f3435846334r.jpg)

![4987 Loeb Road - Photo 15](http://lh.rdcpix.com/df66d2a3c8bed09a17f71ea394c95e33l-f2419904819r.jpg)

![4987 Loeb Road - Photo 16](http://lh.rdcpix.com/df66d2a3c8bed09a17f71ea394c95e33l-f3229257849r.jpg)

![4987 Loeb Road - Photo 17](http://lh.rdcpix.com/df66d2a3c8bed09a17f71ea394c95e33l-f230120572r.jpg)

![4987 Loeb Road - Photo 18](http://lh.rdcpix.com/df66d2a3c8bed09a17f71ea394c95e33l-f3493932887r.jpg)

![4987 Loeb Road - Photo 19](http://lh.rdcpix.com/df66d2a3c8bed09a17f71ea394c95e33l-f1544312783r.jpg)

![4987 Loeb Road - Photo 20](http://lh.rdcpix.com/df66d2a3c8bed09a17f71ea394c95e33l-f1999510663r.jpg)

![4987 Loeb Road - Photo 21](http://lh.rdcpix.com/df66d2a3c8bed09a17f71ea394c95e33l-f3983351633r.jpg)

![4987 Loeb Road - Photo 22](http://lh.rdcpix.com/df66d2a3c8bed09a17f71ea394c95e33l-f2159179469r.jpg)

![4987 Loeb Road - Photo 23](http://lh.rdcpix.com/df66d2a3c8bed09a17f71ea394c95e33l-f4070123952r.jpg)

![4987 Loeb Road - Photo 24](http://lh.rdcpix.com/df66d2a3c8bed09a17f71ea394c95e33l-f2883895111r.jpg)

![4987 Loeb Road - Photo 25](http://lh.rdcpix.com/df66d2a3c8bed09a17f71ea394c95e33l-f4279146373r.jpg)

![4987 Loeb Road - Photo 26](http://lh.rdcpix.com/df66d2a3c8bed09a17f71ea394c95e33l-f3656164544r.jpg)

---

**MLS#:** 480480 | **Updated:** 2026-08-14
**Source:** listhub

*Copyright © 2026 Northern Michigan MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.ai/listing/4987-loeb-road-charlevoix-mi-49720-s480480)

---

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