Office Unit with Full
For Sale
$300,000
3598 Green Pointe Center, Hamilton, MI 49419
Flexible professional workspace with reception, conference, private work areas, kitchenette, and restroom.
Property Size1,954 SF
Price / SF$153.53
Days on Market60
Property Features for 3598 Green Pointe Center
General Information
Standard status
Active
Size
1,954 SF
Total Parking Spaces
11
Property subtype
Office
Zoning
R-2
Additional Details
Floor
Main Floor
Highway Access
Yes
Office Units
1
Amenities
Power
Water
Sewer
Natural Gas
11 Parking Spaces
Building Details
Year Built
2006
Construction
brick
Listing Agency:
Greenridge Realty (Corp)
Listed By:
Jack Dekker · License #6501358291
(616) 648-6290
Source:
Carwm.resimplifi
Added: Sep 2
Changed: Oct 25
Last Checked: Oct 30 at 10:33AM
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 Greenridge Realty (Corp)
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Investment Insights
Based on property information with market context.
This office unit provides approximately 1,900 square feet of main-level workspace along with a full basement for additional storage. The interior includes a reception area, conference room, six work areas arranged with cubicles, a kitchenette equipped with a refrigerator and dishwasher, and a private restroom. Brick construction, large windows, carpeted spancrete floors, and established landscaping contribute to a practical, professional setting. The unit is expected to be vacant at closing, and some office furniture may be available for inclusion.
Built in 2006, the property is positioned near the intersection of M-40 and 136th Avenue in Hamilton. Its location provides access to a heavily traveled area with visibility and convenient connectivity. R-2 zoning is identified for the property.
Built in 2006, the property is positioned near the intersection of M-40 and 136th Avenue in Hamilton. Its location provides access to a heavily traveled area with visibility and convenient connectivity. R-2 zoning is identified for the property.
Key Highlights
- Approximately 1,900 sq. ft. of main‑floor office space
- Full basement provides additional storage
- Six work areas currently configured with cubicles
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$21,526
Cap Rate
7.18%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$430,520
$430.5K
Cap Rate 7%
$307,514
$307.5K
Cap Rate 9%
$239,178
$239.2K
Market Conditions
NOI Build-Up for 1,954 SF
Gross rent
$33.3K $17.04/SF
− Vacancy
−$4.6K −$2.35/SF
EGI
$28.7K $14.69/SF
− OpEx
−$7.2K −$3.67/SF
NOI
$21.5K $11.02/SF
Area
Allegan County, MI
Vacancy
13.80%
Lease Rate
$17.04 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$430,520
Cap Rate 7%
$307,514
Cap Rate 9%
$239,178
Alternative Uses
Best Use
Office B
$307.5K
$269.1K – $358.8K
NOI $21,526 @ 7.0% cap · market cap 7.18%
Second Best
—
—
no second resolved use
Theoretical Best
Hotel Hospitality
$18.35M
$16.06M – $21.41M
NOI $1,284,506 @ 7.0% cap · market cap 428.17%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
1
Office units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
102
Businesses Nearby
Explore this area
Business Placement
Demographics for 49419, MI
8,720
Population
2,983
Households
2.9
Avg Household Size
37
Median Age
26%
College-Educated
96%
High-School Grad
73.2 sq mi
ZIP Area
119
Density / Sq Mi
$92,708
Median Household Income
$51,644
Median Earnings
$301,800
Median Home Value
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Market
Vacancy Rate% for Office in Midwest region
Frequently Asked Questions
What type of property is this?
Office unit - Flexible professional workspace with reception, conference, private work areas, kitchenette, and restroom.
Where is this office unit located?
The property is located at 3598 Green Pointe Center Hamilton, MI.
What is the asking price?
The asking price for this property is $300,000.
What are key features of this property?
This property features: Approximately 1,900 sq. ft. of main‑floor office space; Full basement provides additional storage; Six work areas currently configured with cubicles
