More than 63 commercially zoned acres, approximately 3,240 feet of US-2 frontage, a drive-through truck shop, and an existing American Tower cell tower site are offered together for $799,000 in Rapid River. Based on the available payment schedule, the tower site represents approximately $287,000 in projected gross rent from January 2027 through November 2052.
Built for semis and heavy equipment, the insulated 40' * 80' shop offers 3,200 square feet, 16-foot ceilings, and four 12' * 14' overhead doors. Trucks and equipment can pull straight through, and the shop was previously used for heavy equipment storage and repair.
It's set up for heat from an outdoor wood boiler, which will likely need repair or replacement. The shop sits on Class A Bay Shore Drive, approximately half a mile from the US-2 intersection. The property has approximately 1,260 feet of Bay Shore Drive frontage in addition to its US-2 frontage.
Natural gas and three-phase power are available at the road, and a UPPCO substation is approximately one mile away. The acreage gives buyers room for a fleet yard, contractor operations, equipment storage, or future commercial development. The tower payment schedule shows $603.41 per month from January through November 2027, increasing to $693.92 per month in December 2027, with further scheduled increases every five years.
The projection assumes the lease continues through November 2052. Buyers are responsible for verifying the lease terms, payment schedule, and transfer of rental rights.
