For Sale
  • For Sale
  • For Lease
  • Recently Sold
  • Property Lookup
  • Brokers
Back to Search
The Largest CRE Database in the US with Over 1 Million Listings

700 Main St Gaylord, MI 49735

View on Map
Loading data...
Loading data...
Loading data...
For Sale
$489,000

High-Visibility Office Building, Great CAP Rate

Property size:
4,164 SF

Property Features for 700 Main St

General Information

Property type
Investment properties
Square Feet
4,164 SF
Lot Size
26,136 SF

Building Details

Year Built
1940

We can help!

Listing Contact
Alex Mackenzie
Alex Mackenzie

Listing Agency: Coldwell Banker Schmidt Traverse City Listing Agent: Alex Mackenzie

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

Learn more

Property Insight Report

Overview

This exceptional investment opportunity presents a 4,164 square foot office building ideally situated in Gaylord, Michigan. Located on a highly visible, lighted intersection adjacent to a McDonald's, this property boasts excellent curb appeal and ensures high traffic visibility. The building sits on a combined 0.6 acres, including a separate 0.2-acre parcel providing ample additional parking. The main floor offers seven individual offices, a spacious bullpen area perfect for collaborative work, a dedicated conference room, a convenient kitchenette, a mailroom, and two restrooms. The second floor mirrors this functionality with three offices, another conference room, and an additional bullpen area. The property is currently leased, projecting a 7.35% capitalization rate in the first year. Its proximity to downtown Gaylord (less than one minute away) provides easy access to amenities and services. This well-maintained building presents a strong investment opportunity with a proven income stream and significant potential for future growth. The building's layout and features cater to a variety of business needs, making it an attractive option for both current and prospective tenants. The substantial parking available, thanks to the additional parcel, is a significant advantage in a busy commercial area.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Jamy Warner Realtor® Real Estate Agency Anna Tomaski REALTOR Real Estate Agency Cindy Clark Realtor Real Estate Agency Coldwell Banker Schmidt ... Real Estate Agency

Suggested Use

Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Auto Repair Shop

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

Location Insight

  • Map
  • Local Demand
City
Gaylord
County
Otsego
State
Michigan
Longitude
-84.68267
Latitude
45.02766

FAQs

What type of property is this?
Investment property - High-Visibility Office Building, Great CAP Rate
Where is this investment property located?
The property is located at 700 Main St Gaylord, MI.
What is the asking price?
The asking price for this property is $489,000.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message