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Price: $450,000.00Listing # 1929146 Address 700 Main Street City: Gaylord State: MI Zip: 49735 Square Ft.: 4164 Acres: 0.6
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.
Basic Features: Acres: 0.6 Area: Otsego Type: Commercial Sale Square Ft: 4164
Additional Features: Basement: Full,Unfinished Business Included: Professional/Office Business Name: N/A Construction: Frame,Wood Siding Current Zoning: Commercial Dimensions: Directions: West on Main St from downtown Gaylord, property will be on your right Days On Market: 111 Days On MLS: 111 Financing: Floor Type: Heating: Forced Air,Natural Gas Cooling: Licenses: None Location: Corner Lot,Freestanding Lot: Documents: Leases,Other Possession: Long-Term Tenant Property Status: Active U/C Taking Backups Road Frontage: Roofing: Asphalt For Sale Or Lease: Commercial Sale Township: Gaylord Waste: Public Sewer Water: Public Year Built: 1940 Zoning: Commercial Listing courtesy of Coldwell Banker Schmidt Traverse City 402 E Front Street Traverse City, MI 49686 |
