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Medical Office Building For Sale
For Sale
$629,000

245 E Warwick Drive, Alma, MI 48801

Well-maintained medical office building in a strong medical corridor.

Property Size7,100 SF
Price / SF$88.59
Days on Market202

Property Features for 245 E Warwick Drive

General Information

Standard status Active
Size 7,100 SF
Property subtype Commercial
Zoning Commercial, Multiple, Office

Taxes and HOA fees

Annual Taxes $18,000

Building Details

Building Size 7,100 SF
Listing Agency: Keller Williams Legacy
Listed By: Zeinab Issa
Source: Phgrealty
Added: Feb 3 Changed: Aug 23 Last Checked: Aug 23 at 9:44AM

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.

This well-maintained medical office building offers approximately 7,100 square feet of space, suitable for owner-users or investors. The building is divided into four individual suites, each approximately 1,700 square feet. Two suites have been opened to one another, offering a larger contiguous space while maintaining flexibility for future reconfiguration. Each suite features its own dedicated heating and air conditioning, allowing for independent climate control. A pharmacy tenant currently occupies one suite. The property is located near other medical offices and is well-suited for medical, dental, therapy, or professional office use. Ample parking and a functional layout are available. The bike score is 40, indicating it is somewhat bikeable, and the walk score is 49, indicating car-dependent accessibility.

Key Highlights

  • Ideally configured for owner‑users or investors with flexibility for multiple tenants.
  • Located near other medical offices in a strong medical corridor.
  • Four individual suites, two of which can be used as one larger 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.

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 in a strong medical corridor.
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: Ideally configured for owner‑users or investors with flexibility for multiple tenants.; Located near other medical offices in a strong medical corridor.; Four individual suites, two of which can be used as one larger space.
More about this property
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