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700 Main St Gaylord, MI 49735

Sponsored
For Sale
$489,000

High-Visibility Office Building, Great CAP Rate

Property size:
4,164 SF

Description

Added:
Feb 3, 2025
Days on Market:
341
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 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

Property Profile Location Intelligence

Current Use by Public Records

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

Suggested Use

Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

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
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