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Brick Office Condo with Basement
For Sale
$300,000

3598 Green Pointe Center, Hamilton, MI 49419

Commercial Sale, Hamilton, MI

Property Size1,954 SF
Lot Size0.76 Acres
Price / SF$153.53
Days on Market364

Property Features for 3598 Green Pointe Center

General Information

Property type Commercial Sale
Property subtype Office
Zoning description R-2
Bathrooms 1
Full bathrooms 1
Rooms Basement, Bathroom 1
Elementary school district Hamilton
Middle school district Hamilton
High school district Hamilton
Directions M-40 South to 136th, West to address
Subdivision Holland/Saugatuck - H
Standard status Active
APN 09-900-210-00
Size 1,954 SF
Lot size 0.76 Acres

Taxes and HOA fees

Tax Year 2024
Tax Description UNIT 2 OF GREEN POINT OFFICE CENTER SEC 6 T3N R14W TAX MAP: 0.04 AC (08)
Tax Annual Amount 3195
Legal Description UNIT 2 OF GREEN POINT OFFICE CENTER SEC 6 T3N R14W TAX MAP: 0.04 AC (08)

Utilities

Sewer type Septic Tank
Heating system Forced Air
Cooling system Central Air

Amenities

kitchenette
restroom
full basement for storage
low-maintenance landscaping

Building Details

Year built 2006
Floors in Building 1
Number of units 1
Building materials Brick
Roof type Composition
Listing Agency: Greenridge Realty Hamilton
Listed By: Jack Thomas Dekker · License #6501358291
Added: Oct 8, 2025 Changed: Oct 5 Last Checked: Oct 6 at 5:06PM
MLS# 25051797

Copyright © 2026 Michigan Regional Information Center, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 1,954-square-foot office condo, built in 2006, provides a practical layout for professional operations. The main level includes reception space, a conference area, six private work areas separated by cubicles, a kitchenette with dishwasher and refrigerator, and a restroom. A full basement adds storage capacity, while spancrete floors and brick construction provide durable building features. Heating is supplied by forced air and cooling by central air.

The property is located in Hamilton near M-40, providing access to a heavily traveled route. The site includes 0.76 acres, low-maintenance landscaping, a composition roof, and septic service. Select office furniture may be included.

Key Highlights

  • 1,954 SF office condo on 0.76 acres
  • Six private work areas divided by cubicles
  • Reception area, conference space, kitchenette, and restroom

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$21,526
Cap Rate
7.18%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$430,520 $430.5K
Cap Rate 7%
$307,514 $307.5K
Cap Rate 9%
$239,178 $239.2K
Market Conditions
NOI Build-Up for 1,954 SF
Gross rent
$33.3K $17.04/SF
− Vacancy
−$4.6K −$2.35/SF
EGI
$28.7K $14.69/SF
− OpEx
−$7.2K −$3.67/SF
NOI
$21.5K $11.02/SF
Area
Allegan County, MI
Vacancy
13.80%
Lease Rate
$17.04 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$430,520
Cap Rate 7%
$307,514
Cap Rate 9%
$239,178

Alternative Uses

Best Use
Office B
$307.5K
$269.1K – $358.8K (±1% cap)
NOI $21,526 @ 7.0% cap · market cap 7.18%
Second Best
—
—
no second resolved use
Theoretical Best
Hotel Hospitality
$18.35M
$16.06M – $21.41M (±1% cap)
NOI $1,284,506 @ 7.0% cap · market cap 428.17%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Greenridge Realty Real Estate Agency

Suggested Use

Top Pick Real Estate Agency Building Supply Restaurant Big Box & Wholesale Store Dental Office Law Firm

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

102
Businesses Nearby

Demographics for 49419, MI

8,720
Population
2,983
Households
2.9
Avg Household Size
37
Median Age
26%
College-Educated
96%
High-School Grad
73.2 sq mi
ZIP Area
119
Density / Sq Mi
$92,708
Median Household Income
$51,644
Median Earnings
$301,800
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
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Frequently Asked Questions

What type of property is this?
Office units - Flexible professional layout includes reception, conference, private work areas, kitchenette, and restroom.
Where is this office units located?
The property is located at 3598 Green Pointe Center Hamilton, MI.
What is the asking price?
The asking price for this property is $300,000.
What are key features of this property?
This property features: 1,954 SF office condo on 0.76 acres; Six private work areas divided by cubicles; Reception area, conference space, kitchenette, and restroom
More about this property
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