Building Details

Year Built 1996

Listing Agency: NAI Wisinski of West Michigan

Listed By: Christopher Prins · License #6501330745 Show Phone

Source: Carwm.resimplifi

Added: Jun 22 Changed: Oct 26 Last Checked: Oct 28 at 4:38AM

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Investment Insights

Based on property information with market context.

This offering consists of an office building listed as an investment sale. The property is being marketed with an indicated 8.4% cap rate and a stated list price.

The asset is located at 211 West Pine Lake Drive in Newaygo, Michigan (49337).

Key Highlights

• Office building built in 1996
• Investment sale marketed with an indicated 8.4% cap rate

Property Analytics

Who owns this building? See the owner, sales and loan history

Open Analytics

Current Use

Office buildings

Suggested Use

Top Pick Electrical Service Big Box & Wholesale Store Bakery Furniture & Home Goods Kitchen & Bath Showroom Gym & Fitness Center

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

223

Businesses Nearby

Explore this area Business Placement

Demographics for 49337, MI

12,854

Population

6,688

Households

1.9

Avg Household Size

44

Median Age

18%

College-Educated

90%

High-School Grad

110.3 sq mi

ZIP Area

117

Density / Sq Mi

$64,442

Median Household Income

$38,034

Median Earnings

$1,021

Median Rent

$191,000

Median Home Value

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

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Three-Bay Flex Building

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Mixed-Use Building with Apartment

7641 S Croton Hardy Drive, Newaygo, MI 49337

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Storefront Retail Space

8235 S Mason Drive, B,C, Newaygo, MI 49337

Contact for pricing

1,271 SF

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Secluded Campground or Build Site

4143 S Pine Avenue, Newaygo, MI 49337

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Frequently Asked Questions

What type of property is this?

Office building - For sale office building marketed as an investment opportunity with an indicated cap rate.

Where is this office building located?

The property is located at 211 W Pine Lake Dr Newaygo, MI.

What is the asking price?

The asking price for this property is $1,875,000.

What are key features of this property?

This property features: Office building built in 1996; Investment sale marketed with an indicated 8.4% cap rate