Building Details

Tenancy Multi

Listing Agency: CMP Real Estate Group p***@cmprealestategroup.com Show Phone

Listed By: Peggy J Feltner · License #6501413792 Show Phone

Source: Cpix.resimplifi

Added: Mar 19 Changed: Aug 30 Last Checked: Aug 30 at 5:10AM

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Investment Insights

Based on property information with market context.

This professional office building at 425 N Park Blvd in Lake Orion, Michigan, is fully leased to long-term tenants. The property is positioned within the Village of Lake Orion and offers an established office configuration for ownership seeking an occupied commercial asset.

Key Highlights

• Fully leased to long‑term tenants
• Professional office building
• Located in the Village of Lake Orion

Property Analytics

Property Profile

Current Use

East West Pain ... Physician RE/MAX Eclipse - Lake ... Real Estate Agency Denise L. Seidl, ... Physician ATI Physical Therapy Medical Clinic Thomas G. Zimmerman, ... Physician

Suggested Use

Top Pick Dental Office HVAC Service Electrical Service Parking Lot & Garage Computer & Electronic Repair Garden 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.

Lease Details

100%

Occupancy

Multi-tenant

Tenancy

Location Intelligence

Trade Area within ½ mile

586

Businesses Nearby

Explore this area Business Placement

Demographics for 48362, MI

15,001

Population

6,428

Households

2.3

Avg Household Size

42

Median Age

44%

College-Educated

98%

High-School Grad

10.1 sq mi

ZIP Area

1,485

Density / Sq Mi

$108,667

Median Household Income

$51,826

Median Earnings

$1,095

Median Rent

$313,600

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

Questions? Ask Rey

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Frequently Asked Questions

What type of property is this?

Office building - Fully occupied by long-term tenants in the Village of Lake Orion.

Where is this office building located?

The property is located at 425 N Park Blvd Lake Orion, MI.

What is the asking price?

The asking price for this property is $1,590,000.

What are key features of this property?

This property features: Fully leased to long‑term tenants; Professional office building; Located in the Village of Lake Orion