Homes for sale - 700 W Main Street, Gaylord, MI 49735

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Chris Hubel

chris@chrishubel.com +1(248) 568-6030

$ 489,000

Est. payment -/mo

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700 W Main Street Gaylord, MI 49735

4,164 SqFt

UPDATED:

11/26/2024 03:38 PM

Key Details

Property Type Commercial

Sub Type Business Opportunity

Listing Status Active

Purchase Type For Sale

Square Footage 4,164 sqft

Price per Sqft $117

MLS Listing ID 78080052569

Originating Board Aspire North REALTORS®

Year Built 1940

Lot Size 0.600 Acres

Acres 0.6

Lot Dimensions multiple

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

Area Gaylord

Zoning Commercial

Interior

Heating Forced Air

Heat Source Natural Gas

Exterior

Roof Type Asphalt

Accessibility Disabled Access

Building

Foundation Basement

Sewer Public Sewer (Sewer-Sanitary)

Water Public (Municipal)

Structure Type Frame,Wood

Schools

School District Gaylord

Others

Tax ID 10103300020000

Ownership Private Owned

Acceptable Financing Cash, Other

Listing Terms Cash, Other

Financing Cash,Other

Special Listing Condition Unknown/Data Share Listings

Listed by Alex MacKenzie of Coldwell Banker Schmidt Traverse City