Corner Office Space with Off-Street
101 Bridge St East Jordan, MI 49727
New
Corner office space renovated in 1994 with private off-street parking accessible from two streets.
Type:Office, Retail
Property size:
1,344 SFPrice / SF:
$185/SF- Added:
- Jul 6, 2026
- Days on Market:
- 5
- Last Refresh:
- Jul 9 at 2:40 am
Property Features for 101 Bridge St
General Information
- Standard status
- Active
- Size
- 1,344 SF
- Property subtype
- Office, Retail
Listing office Graham Real Estate (231) 526-6251
Listing date Jul 6, 2026
Source Cpix.resimplifi
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of Graham Real Estate
Investment Insights
Based on property information with market context.
This office space is set up to accommodate a range of business uses and was renovated in 1994. The property is positioned on a corner at Water and Mill streets and includes private off-street parking, creating a quiet setting while staying within reach of surrounding activity.
The office sits across from two city-owned parks. The parking lot is accessible from two streets, which can help streamline arrivals and limit congestion. A virtual walkthrough is available for prospective buyers.
Offered for sale as a dedicated office space, it presents a straightforward opportunity for an owner-operator or an investor looking to add a renovated commercial building to their portfolio.
The office sits across from two city-owned parks. The parking lot is accessible from two streets, which can help streamline arrivals and limit congestion. A virtual walkthrough is available for prospective buyers.
Offered for sale as a dedicated office space, it presents a straightforward opportunity for an owner-operator or an investor looking to add a renovated commercial building to their portfolio.
Key Highlights
- Corner office space with 1,344 SF, suited for a variety of uses
- Located at the corner of Water St and Mill St in East Jordan
- Private off‑street parking with access from two streets
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $25.8k | $19.20 |
| − Vacancy | −$1.8k | −$1.34 |
| EGI | $24.0k | $17.86 |
| − OpEx | −$7.2k | −$5.36 |
| NOI | $16.8k | $12.50 |
1,344 SF · lease $19.20/SF/yr · vacancy 7.00% · expense 30.00%
Alternative Uses
Best Use
Retail
$240.0K
$210.0K – $280.0K
NOI $16,799 @ 7.0% cap · market cap 6.72%
Second Best
Office B
$188.7K
$165.1K – $220.2K
NOI $13,209 @ 7.0% cap · market cap 5.29%
Theoretical Best
Office A
$272.1K
$238.1K – $317.4K
NOI $19,044 @ 7.0% cap · market cap 7.62%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Daniel J. Thomas, ...
Alternative Medicine Practice
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FAQs
What type of property is this?
Office units - Corner office space renovated in 1994 with private off-street parking accessible from two streets.
Where is this office units located?
The property is located at 101 Bridge St East Jordan, MI.
What is the asking price?
The asking price for this property is $249,900.
What are key features of this property?
This property features: Corner office space with 1,344 SF, suited for a variety of uses; Located at the corner of Water St and Mill St in East Jordan; Private off‑street parking with access from two streets
