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$ 489,000
Est. payment | /mo
4,164 SqFt
$ 489,000
Est. payment | /mo
4,164 SqFt
Key Details
Property Type Commercial
Sub Type Business
Listing Status Active
Purchase Type For Sale
Square Footage 4,164 sqft
Price per Sqft $117
Municipality Gaylord
Subdivision Gaylord
MLS Listing ID 80052569
Originating Board MiRealSource
Year Built 1940
Lot Size 0.600 Acres
Acres 0.6
Property Description
Great investment opportunity in Gaylord! This 4,164 SF office building sits on 0.40 acres and is only one minute from downtown Gaylord. The main floor features 7 offices, a bullpen area, a conference room, a kitchenette, a mailroom, and 2 restrooms. The second floor features 3 offices, a conference room, and a bullpen area. The building has nice curb appeal and is located on a highly-visible lighted intersection next to McDonalds. Listing also includes separate 0.20 acre parcel #100-000-005-012-00 which is used for extra parking. Priced at a 7.35% CAP in year 1 based on current lease with tenant.
Location
State MI
County Otsego
Zoning Commercial
Interior
Heating Forced Air
Exterior
View Y/N No
Building
Sewer Public
Structure Type Wood Siding
Listed by Coldwell Banker Schmidt Traverse City
GET MORE INFORMATION
Shyanne Queen
Associate Broker/Team Lead | License ID: 6506049089
+1(616) 610-2005 | shyannesoldit@gmail.com