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Remodeled Office Unit with Lower Level
For Sale
$484,900

35008 Division Road, Richmond, MI 48062

Professional office layout includes private rooms, meeting space, kitchen, and storage.

Property SizeContact for details
Lot Size0.41 Acres
Days on Market13

Property Features for 35008 Division Road

General Information

Standard status Active
Lot size 0.41 Acres
Zoning O

Additional Details

Office Units 1

Building Details

Year Built 1968
Year Renovated 2013
Buildings 1
Tenancy Multi
Listing Agency: @properties Christie's Int'l R E Rochester
Listed By: Anita M Beaman
Source: Alexmi
Added: Sep 1 Changed: Sep 8 Last Checked: Sep 13 at 12:16PM

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 @properties Christie's Int'l R E Rochester

Investment Insights

Based on property information with market context.

This office unit is part of the Richmond Area Professional Condo and occupies a .41-acre parcel zoned O for office use. The building was constructed in 1968 and remodeled in 2013. Its main level contains six private offices, two conference rooms, and a luncheon area. The finished lower level provides a reception area, six more offices, a full kitchen, a full bathroom with shower, and substantial storage space.

Two upper-level offices are currently leased, and the occupants would like to continue on a long-term basis. The property offers access to downtown Richmond and area thoroughfares, with zoning that supports a range of office and professional service uses subject to local verification. The attached building on the east side is excluded from the sale.

Key Highlights

  • .41‑acre office parcel with O zoning
  • Built in 1968 and remodeled in 2013
  • 12 private offices across the main and lower levels

Property Analytics

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Current Use

Office Units

Suggested Use

Top Pick Real Estate Agency Restaurant Law Firm Dental Office Building Supply Auto Parts Store

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

1
Office units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

227
Businesses Nearby

Demographics for 48062, MI

9,375
Population
3,631
Households
2.6
Avg Household Size
43
Median Age
25%
College-Educated
86%
High-School Grad
39.5 sq mi
ZIP Area
237
Density / Sq Mi
$75,763
Median Household Income
$39,181
Median Earnings
$882
Median Rent
$249,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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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Frequently Asked Questions

What type of property is this?
Office units - Professional office layout includes private rooms, meeting space, kitchen, and storage.
Where is this office units located?
The property is located at 35008 Division Road Richmond, MI.
What is the asking price?
The asking price for this property is $484,900.
What are key features of this property?
This property features: .41‑acre office parcel with O zoning; Built in 1968 and remodeled in 2013; 12 private offices across the main and lower levels
More about this property
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