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700 W Main Street, Gaylord City, Michigan 49735
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$489,000
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Property Details for 700 W Main Street
Price
$489,000
Type
commercial/industrial
Year Build
1940
Sq. Ft.
4164
County
Otsego
MLS®️ Listing#
78080052569
On exitrealty.com
19 days
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.
- Heating Information
- ForcedAir
- NaturalGas
- Water Features
- Public
- Utilities
- NaturalGasConnected
Listing courtesy: Coldwell Banker Schmidt Traverse City - 2319222350
The accuracy of all information, regardless of source, is not guaranteed or warranted. Allinformation should be independently verified. IDX Information is provided exclusively for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Provided through IDX through Realcomp II Ltd. Courtesy of EXIT REALTY GROUP. © 2024 Realcomp II Ltd. Shareholders.See average values in the proximity of this property
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Market statistics compiled from data from Michigan Regional Information Center.
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$489,000
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489 W Nepessing Street, Lapeer, MI 48446