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    123 W Main St Gaylord, MI 49735

    For Sale
    $1,650,000

    Tenant-occupied commercial property with high visibility and accessibility.

    Lot size:
    0.84 Acres

    Property Features for 123 W Main St

    General Information

    Lot size
    0.84 Acres

    Source: REALTEAM Real Estate Agent Thomas D Nelson

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Tenant-Occupied Commercial Property For Sale

    This tenant-occupied commercial property offers over 5,000 square feet of space. Currently, the property is home to Fifth Third Bank. The location provides excellent visibility and accessibility due to its situation on a high-traffic road with convenient access to the nearby expressway. This property is positioned in a thriving area. It is suited for investors seeking a stable, income-producing asset.
    Insight Report Location Intelligence

    Current Use by Public Records

    Prosecuting Attorney Attorney Fifth Third Bank ... Bank Fifth Third Business ... Bank Synergy Behavioral Health Counselor

    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
    -84.673568
    Latitude
    45.027421

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    FAQs

    What type of property is this?
    Bank - Tenant-occupied commercial property with high visibility and accessibility.
    Where is this bank located?
    The property is located at 123 W Main St Gaylord, MI.
    What is the asking price?
    The asking price for this property is $1,650,000.
    What are key features of this property?
    This property features: - Income-producing property with existing tenant (Fifth Third Bank).; - Boasting over 5,000 sq. ft. of versatile commercial space.; - High-traffic road location with excellent visibility.
    (586) 580-8092
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    123 W Main St Gaylord, MI 49735
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