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Victorian Office Building
For Sale
$249,000

115 E First St, Gaylord, MI 49735

B-1 Commercial zoning supports professional office use alongside grandfathered residential use.

Property Size2,440 SF
Price / SF$102.05
Days on Market87

Property Features for 115 E First St

General Information

Standard status Active
Size 2,440 SF
Zoning B-1

Amenities

original hardwood floors
two bathrooms
covered front porch

Building Details

Construction Victorian
Listing Agency: smith realty GROUP
Listed By: Amanda Morris
Source: Genodangelo
Added: Aug 1 Changed: Oct 25 Last Checked: Oct 7 at 3:38PM

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 smith realty GROUP

Rey
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Investment Insights

Based on property information with market context.

This preserved Victorian property at 115 E 1st St features original hardwood floors, spacious rooms, two bathrooms, and a covered front porch. A detached garage and generous lot add practical flexibility, while the building’s residential character provides a distinct setting for a professional office. B-1 Commercial zoning supports office use, and the existing grandfathered residential use remains in place.

Located in Gaylord, the property offers an in-town setting for a law office, financial firm, counseling practice, or another professional business. The combination of period details, client-facing porch entry, and adaptable interior spaces creates a recognizable workplace environment without sacrificing everyday utility.

Key Highlights

  • Victorian building with original hardwood floors
  • B‑1 Commercial zoning with grandfathered residential use
  • Two bathrooms and spacious interior rooms

Property Analytics

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Open Analytics

Current Use

Office buildings

Suggested Use

Top Pick Locksmith (Bike/Boat/Book/etc) Store Butcher HVAC Service Acupuncture Tattoo & Piercing Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

837
Businesses Nearby

Demographics for 49735, MI

20,568
Population
11,551
Households
1.8
Avg Household Size
44
Median Age
27%
College-Educated
94%
High-School Grad
248.6 sq mi
ZIP Area
83
Density / Sq Mi
$69,050
Median Household Income
$39,813
Median Earnings
$876
Median Rent
$200,800
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025

Frequently Asked Questions

What type of property is this?
Office building - B-1 Commercial zoning supports professional office use alongside grandfathered residential use.
Where is this office building located?
The property is located at 115 E First St Gaylord, MI.
What is the asking price?
The asking price for this property is $249,000.
What are key features of this property?
This property features: Victorian building with original hardwood floors; B‑1 Commercial zoning with grandfathered residential use; Two bathrooms and spacious interior rooms
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