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Linden Road Office Building

1146 S Linden Road Flint, MI 48532

Claim this Listing
For Sale
$339,900

Office building with frontage and signage on Linden Rd.

Type:Commercial/Industrial
Property size:
2,703 SF
Price / SF:
$125/SF
Added:
Feb 15, 2024
Days on Market:
878
Last Refresh:
Apr 6 at 2:14 am

Property Features for 1146 S Linden Road

General Information

Standard status
Active
Size
2,703 SF
Property subtype
Commercial/Industrial

Building Details

Year Built
1974

Listing office Ham Group Realty

Listing date Feb 15, 2024

Source Exitrealty

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 Ham Group Realty


Investment Insights

Based on property information with market context.

This one-story brick office building offers frontage and signage on Linden Road, a high-traffic location on the MTA bus route. The property, currently configured as a physician's office, features 7 exam rooms, 3 bathrooms, and 7 offices. It includes 2,703 square feet of space, with an additional 2,700 square feet of unfinished lower level suitable for finishing or storage. The property is handicap accessible and has ample parking. The quarterly condo fee of $2,046 covers lawn care, snow removal, and building exterior maintenance, offering maintenance-free ownership. The property is zoned commercial-mixed use (MU) and includes 2 furnaces and 2 central air units.

Key Highlights

  • High‑traffic location on Linden Rd with frontage and signage.
  • Turnkey physician's office layout featuring 7 exam rooms, 7 offices, and 3 bathrooms.
  • Handicap accessible, one‑story building with ample parking.

Local Financial Insights For Office B

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 $46.1k $17.04
− Vacancy −$6.4k −$2.35
EGI $39.7k $14.69
− OpEx −$9.9k −$3.67
NOI $29.8k $11.02
2,703 SF · lease $17.04/SF/yr · vacancy 13.80% · expense 25.00%

Alternative Uses

Best Use
Healthcare Medical
$437.9K
$383.2K – $510.9K (±1% cap)
NOI $30,652 @ 7.0% cap · market cap 9.02%
Second Best
Office B
$425.4K
$372.2K – $496.3K (±1% cap)
NOI $29,777 @ 7.0% cap · market cap 8.76%
Theoretical Best
Office A
$568.8K
$497.7K – $663.6K (±1% cap)
NOI $39,815 @ 7.0% cap · market cap 11.71%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Dr. Fikria E. ... Physician Allergy & Asthma Center Medical Clinic

Suggested Use

Real Estate Agency Building Supply Law Firm Big Box & Wholesale Store Auto Repair Shop Parking Lot & Garage Kitchen & Bath Showroom Garden Center Auto Parts Store Restaurant

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

FAQs

What type of property is this?
Medical Office Space - Office building with frontage and signage on Linden Rd.
Where is this medical office space located?
The property is located at 1146 S Linden Road Flint, MI.
What is the asking price?
The asking price for this property is $339,900.
What are key features of this property?
This property features: High‑traffic location on Linden Rd with frontage and signage.; **Turnkey physician's office layout featuring 7 exam rooms, 7 offices, and 3 bathrooms.**; Handicap accessible, one‑story building with ample parking.
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