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1140 Gornick Ave Gaylord, MI 49735

Sponsored
For Sale
$625,000

Spacious Retail Building, Excellent Condition

Property size:
7,997 SF

Description

Added:
Feb 3, 2025
Days on Market:
371
This exceptional 7,997 square foot commercial building in Gaylord, MI, presents a lucrative investment opportunity. Situated on a 0.97-acre lot at 1140 Gornick Avenue, this property boasts a prime location and is in very good condition. Constructed in 2000, with significant renovations in 2016 and 2019, the building offers a versatile layout ideal for a variety of retail uses. The front section, encompassing approximately 5,300 square feet, features a mostly open floor plan, perfect for showcasing merchandise or creating flexible workspace. Amenities in this area include an office, laundry room, three half-bathrooms (one ADA compliant), and three shower rooms (one ADA compliant). High ceilings and abundant natural light create a bright and inviting atmosphere. The space is climate-controlled with central air conditioning, and enhanced security is provided by a video surveillance system. The furnace serving the front section is only three years old. A substantial 31 x 25.25 foot workshop is also included in this area. The rear of the building offers an additional 807 square feet of dedicated retail space, complete with display cases, storage, a half-bathroom (ADA compliant), a separate entrance, and its own workshop and office. This dual-use configuration provides exceptional flexibility for various business needs. Land contract terms are available: 25% down payment, 8% interest, a three-year balloon payment, and a 15-year amortization schedule resulting in a monthly payment of $4,479.62. A detailed list of items not included in the sale is available in the MLS documents.

Property Features for 1140 Gornick Ave

General Information

Property type
Retail properties
Square Feet
7,997 SF
Lot Size
42,253 SF

Building Details

Year Built
2000

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Listing Contact
Michael Heath

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Property Insight Report

Property Profile Location Intelligence

Current Use by Public Records

The Vault Guns and Ammunition Gun Shop

Suggested Use

Law Firm Restaurant Real Estate Agency Spa & Massage Center Hair Salon Nail Salon Gym & Fitness Center Pharmacy Daycare Center Department Store

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Gaylord
County
Otsego
State
Michigan
Longitude
-84.68134
Latitude
45.01499

FAQs

What type of property is this?
Retail property - Spacious Retail Building, Excellent Condition
Where is this retail property located?
The property is located at 1140 Gornick Ave Gaylord, MI.
What is the asking price?
The asking price for this property is $625,000.
More about this property
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