700 W Main new

Gaylord,MI 49735

$ 489000

- Bed

0 Bath

4164 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

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