700 W Main Street
$489,000
700 W Main Street Gaylord, MI 49735
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About this listing
West on Main St from downtown Gaylord, property will be on your right
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.
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Building Size
4,164 sqft
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Lot Area
0.6 acres
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Year Built
1940
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MLS ID
1929146
DESCRIPTION
- • Exterior Description: Wood Siding
- • Water: Municipal Water
- • Heating Fuel Type: Gas
- • Road Type: City / Town Street
- • Roof: Asphalt Shingle Roof
- • Heating Type: Forced Air
