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Victorian Office Building
For Sale
$269,000

115 E 1st Street, Gaylord, MI 49735

Commercial Sale, Gaylord, MI

Property Size2,440 SF
Lot Size0.19 Acres
Price / SF$110.25
Days on Market51

Property Features for 115 E 1st Street

General Information

Property type Commercial Sale
Property subtype Office
Zoning B-1
Parking features Covered
Basement Partial, Unfinished
Subdivision George H Smiths Add City Of Gaylord
Directions From the Pavilion on Court, head north on Court Ave. Turn right (east) onto First St. Continue to 115 E. First St.; property is on the right.
Standard status Active
APN 103-370-005-007-00
Size 2,440 SF
Lot size 0.19 Acres

Taxes and HOA fees

Tax Description LOT 7 BLK. 5 GEORGE H. SMITHS ADDITION CITY OFGAYLORD SEC 4 T30N R3W
Legal Description LOT 7 BLK. 5 GEORGE H. SMITHS ADDITION CITY OFGAYLORD SEC 4 T30N R3W

Utilities

Sewer type Public Sewer

Amenities

original hardwood floors
spacious rooms
two bathrooms
covered front porch
detached garage

Building Details

Floors in Building 3
Listing Agency: smith realty GROUP
Listed By: Amanda Morris
Added: Jul 23 Changed: Aug 19 Last Checked: Sep 11 at 11:06AM
MLS# 201841635

Copyright © 2026 Water Wonderland Board of Realtors®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This Victorian-era office property combines historic detailing with a practical professional layout. Interior features include original hardwood flooring, generously proportioned rooms, and two bathrooms. A covered front porch adds a defined client entry, while the detached garage provides additional on-site utility. Covered parking and public sewer are also present.

Located at 115 E 1st Street in Gaylord, the property sits within the city and carries B-1 Commercial zoning. In addition to office use, the building retains grandfathered residential use, offering an established setting for a professional practice or other office-oriented operation. The 0.19-acre lot, porch, garage, and preserved interior character create a distinctive commercial property with both office functionality and residential-use continuity.

Key Highlights

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

Property Analytics

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Current Use

Office buildings

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Locksmith HVAC Service Butcher Electrical Service Acupuncture

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

786
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
View Realmo Analytics

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
Rey
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Frequently Asked Questions

What type of property is this?
Office building - The property retains grandfathered residential use under B-1 Commercial zoning.
Where is this office building located?
The property is located at 115 E 1st Street Gaylord, MI.
What is the asking price?
The asking price for this property is $269,000.
What are key features of this property?
This property features: B‑1 Commercial zoning with grandfathered residential use; Victorian building with original hardwood floors; Two bathrooms and spacious interior rooms
More about this property
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