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Medical Office Building with Four Suites
For Sale
$629,000

245 E Warwick Drive, Alma, MI 48801

Well-maintained medical office building with four suites, each with dedicated heating and air.

Property Size7,100 SF
Price / SF$88.59
Days on Market206

Property Features for 245 E Warwick Drive

General Information

Standard status Active
Size 7,100 SF
Property subtype Industrial

Additional Details

Office Units 4

Amenities

3
161205

Building Details

Tenancy Multi
Listing Agency:
Listed By: Keller Williams Legacy
Source: Xome
Added: Jan 27 Changed: Aug 12 Last Checked: Aug 20 at 5:23AM

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 Keller Williams Legacy

Investment Insights

Based on property information with market context.

Well-maintained medical office building totaling approximately 7,100 square feet, configured into four individual suites of approximately 1,700 square feet each. Two of the suites have been opened to one another with the dividing wall removed, creating the option for a larger contiguous space while still allowing for future reconfiguration. Each suite includes its own dedicated heating and air conditioning for independent climate control.

One suite is currently occupied by a pharmacy tenant, providing stable income and on-site synergy for medical and healthcare users. The property offers ample parking and is positioned conveniently near other medical offices, making it suitable for medical, dental, therapy, or professional office use. All data is approximate (BATVAI).

Key Highlights

  • Approximately 7,100 SF medical office building configured as four individual suites
  • Each suite is approximately 1,700 SF
  • Two suites have been opened to each other by removing the dividing wall for a larger contiguous space

Property Analytics

Current Use

Fadi Z. Jaafar, ... Physician Precision Foot & Ankle ... Medical Clinic Better Hearing Medical Clinic Rami Al-Rashed, D.P.M. Physician Peter J Bruno ... Physician

Suggested Use

Top Pick Big Box & Wholesale Store Dental Office Building Supply Kitchen & Bath Showroom Electrical Service HVAC Service

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

Lease Details

4
Office units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

644
Businesses Nearby
Under-served
Demand for This Use

Demographics for 48801, MI

13,006
Population
5,408
Households
2.4
Avg Household Size
34
Median Age
28%
College-Educated
95%
High-School Grad
70.8 sq mi
ZIP Area
184
Density / Sq Mi
$57,449
Median Household Income
$30,146
Median Earnings
$795
Median Rent
$120,300
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
Rey
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Frequently Asked Questions

What type of property is this?
Medical Office Space - Well-maintained medical office building with four suites, each with dedicated heating and air.
Where is this medical office space located?
The property is located at 245 E Warwick Drive Alma, MI.
What is the asking price?
The asking price for this property is $629,000.
What are key features of this property?
This property features: Approximately 7,100 SF medical office building configured as four individual suites; Each suite is approximately 1,700 SF; Two suites have been opened to each other by removing the dividing wall for a larger contiguous space
More about this property
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