For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Medical Condo in Wood Duck Title is generated by Realmo AI

    1235 Industrial Drive, Saline, MI

    View on Map
    Claim this Listing
    For Sale
    Contact for pricing

    Versatile medical condo with open floor plan and prime location.

    Type:OFFICE
    Property size:
    2,208 SF
    Lot size:
    0.05 Acres
    Price / SF:
    $217/SF
    Added:
    Mar 13, 2025
    Days on Market:
    453
    Last Refresh:
    May 20 at 8:39 pm

    Property Features for 1235 Industrial Drive

    General Information

    Standard status
    Active
    Size
    2,208 SF
    Lot size
    0.05 Acres
    Property subtype
    OFFICE

    We can help!

    Listing Contact
    James H. Chaconas

    Listing agent James H. Chaconas

    Listing office Colliers - Ann Arbor

    Listing date Mar 13, 2025

    Source Moodyscre

    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 Colliers - Ann Arbor

    HighLights

    • Prime location near Michigan Ave., Downtown Saline, and surrounding communities.
    • Versatile ±2,208 SF medical condo suitable for an owner‑user.
    • Open floor plan with 1‑2 offices/conference room.
    • ADA‑compliant bathroom.
    • Ample parking.
    • Locally managed for added convenience.

    Overview

    This ±2,208 SF medical condo is located in Wood Duck Business Park. The property features an open floor plan, one to two offices or conference rooms, and an ADA-compliant bathroom. Ample storage space is available. The property benefits from plenty of parking and a location near Michigan Ave, Downtown Saline, and surrounding communities. It is locally managed. This property is suitable for an owner-user seeking a tailored workspace.

    Local Financial Insights For Healthcare Medical

    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 $66.2k $30.00
    − Vacancy −$9.5k −$4.29
    EGI $56.8k $25.71
    − OpEx −$22.7k −$10.28
    NOI $34.1k $15.43
    2,208 SF · lease $30.00/SF/yr · vacancy 14.30% · expense 40.00%

    Alternative Uses

    Best Use
    Healthcare Medical
    $486.6K
    $425.8K – $567.7K (±1% cap)
    NOI $34,061 @ 7.0% cap · market cap 7.10%
    Second Best
    Office B
    $486.6K
    $425.8K – $567.7K (±1% cap)
    NOI $34,061 @ 7.0% cap · market cap 7.10%
    Theoretical Best
    Office A
    $648.8K
    $567.7K – $756.9K (±1% cap)
    NOI $45,414 @ 7.0% cap · market cap 9.46%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    George M. Daigle, ... Physician Patricia Hoeft, LMFT Physician Patricia Wells Physician Dr. Maureen S. ... Physician Dr. Moina Hassan, ... Physician

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

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

    Similar Places Nearby

    • Romine James A DVM — 141 Keveling Dr, Saline, MI 48176
    • Synergy Animal Hospital & Chiropractic — 141 Keveling Dr, Saline, MI 48176

    Location Insight

    • Map
    • Local Demand
    City
    Saline
    County
    Washtenaw
    State
    Michigan
    Longitude
    -83.7583
    Latitude
    42.1829

    FAQs

    What type of property is this?
    Medical Office Space - Versatile medical condo with open floor plan and prime location.
    Where is this medical office space located?
    The property is located at 1235 Industrial Drive Saline, MI.
    What is the asking price?
    The asking price for this property is $480,000.
    What are key features of this property?
    This property features: Prime location near Michigan Ave., Downtown Saline, and surrounding communities.; Versatile ±2,208 SF medical condo suitable for an owner‑user.; Open floor plan with 1‑2 offices/conference room.
    (734) 994-3100 Call to check price and availability
    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