1050 S Otsego Ave - Office FOR SALE


Gaylord, MI 49735
$849,000 USD
231-534-5225
1050 S Otsego Ave, Gaylord, MI for Sale
$849,000 USD
Office - FOR SALE
1/12
null | Request Cap Rate

1050 S Otsego Ave
Gaylord, MI 49735


HIGHLIGHTS

  • Multi-tenant office/medical/retail building available for sale.
  • Located on highly visible S Otsego Ave in Gaylord, MI
  • Ample parking.

OVERVIEW

This two unit building just south of downtown Gaylord oers great exposure for the tenants with AADT count of 11,426 vehicles. The building is currently used as one medical space and one retail space. There is ample parking with areas in both the front and rear of the building. The building was originally built in 1998 with remodels completed in 2014 and 2020. The medical space unit will be available by May 1, 2025 and Golf Gaylord has a lease in place until March 31, 2025 with two 5-year options to renew.

FOR SALE DETAILS

PRICE

$849,000 USD

PRICE/SF

$99 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

2001

SPRINKLERS

-

PARKING SPACES

45

LAND DETAILS

LAND ACRES

1 AC

LAND SF

43,582 SF

ZONING

C-1

APN/PARCEL ID

102-110-000-555-03

ASK ABOUT THIS PROPERTY

Kevin EndresThree West LLCMore Info
231-534-5225

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Kevin EndresThree West LLCMore Info
231-534-5225

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.