700 W Main Active

Gaylord,MI 49735

$ 450000

- 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 $108

Municipality Gaylord

Subdivision Gaylord

MLS Listing ID 80052569

Originating Board MiRealSource

Year Built 1940

Lot Size 0.600 Acres

Acres 0.6

Property Sub-Type Business

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 an 8% 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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