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Jenn Smart

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6946 County Road 392 , Newberry, MI 49868
$1,500,000
Est. Payment: $7,816.71/mo
0 Bed
0 Bath
59633 Sqft
Status: active | Days on site: 437
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VCR-C15903466 - VCR-C159091383,VCR-C159052275
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House Description

Former Northern Hardwoods facility in Newberry, MI now available for purchase. Most recently operated as a concentration yard, this is a facility that purchases green lumber from sawmills, dries it in kilns, and then planes, grades, and resells it as kiln-dried (KD) lumber. This expansive operation is located in an industrial park just outside of Newberry in Luce County. The property consists of just under 28.97 acres with multiple access points. The land is level and much of it cleared and graveled. The total building square footage is about 60,000 with about 1500sf of office space and the balance being varied manufacturing and storage space. There is an industrial sized boiler with a biomass system that would convert saw dust by-product into steam to operate the kilns. Six other large buildings are located on site. Some equipment/machinery remains from the hardwood operation but certainly could be recycled to re-purpose the spaces. The site is available "as is" with the current equipment intact. A purchaser could re-boot the operation with limited input cost. Detailed specs of the buildings and parcels are available. All but one of the buildings are insulated and heated. The general condition of the facilities is quite good. The yard space is significant providing more than 10 acres of additional expansion if desired. A rail line is on site and highway M-28 is under 2 miles.

Highlights

Listed by ROB SULLIVAN , 906-236-5806 NORTHERN MICHIGAN LAND BROKERS , 906-225-5263. MiRealSource, Inc. mls logo

Property Type

Commercial Sale

Lot/Acreage
28.97

Year Built

1969

County

Luce

Area

Pentland Twp (48004)

Listing ID

50173046

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:0
  • Full Bathrooms:
Above Ground Sq Ft:59633
Water:Public Water

Exterior Features

Lot:Industrial,Cleared
Lot Dimensions:irregular see assoc docs
Zoning:Industrial
Sewer:Public Sanitary
Principal Interest
$7,817
Taxes
$1,850

Home Price

$1,500,000

Loan Details

30 yrs
6.792%

Down Payment

20%
$300,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$7,816.71

Principal

Taxes

Principal Taxes HOA Total
Monthly $7,816.71 $1,849.99 $0.00 $9,666.70
Yearly $93,800.50 $22,199.87 $0.00 $116,000.37
Total $2,814,015.11 $665,996.10 $0.00 $3,480,011.21
Lender profile image
So-Crates Johnson
Dust, Wind, Dude
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Market insight data is pulled from the same city as the listing being viewed (Newberry, MI).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

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Data last updated: 2026-09-02T03:11:55.100Z

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