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Medical Office Building with Parking
For Sale
$775,000

520 N Mission Street, Mt Pleasant, MI 48858

Medical office building with ample front and rear parking, high daily traffic, and cannabis approval for the right operator.

Property Size9,050 SF
Price / SF$191.36
Days on Market89

Property Features for 520 N Mission Street

General Information

Standard status Active
Size 9,050 SF
Property subtype Commercial
Zoning Commercial

Additional Details

Traffic Count 16,000 vehicles/day

Taxes and HOA fees

Annual Taxes $19,128

Building Details

Building Size 9,050 SF
Year Built 1970
Listing Agency: PRAEDIUM REALTY ROBIN STRESSMAN & ASSOCIATES
Listed By: James Engler · License #6506041138
Source: Phgrealty
Added: May 28 Changed: Aug 23 Last Checked: Aug 23 at 11:05AM

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 PRAEDIUM REALTY ROBIN STRESSMAN & ASSOCIATES

Investment Insights

Based on property information with market context.

The property is currently operating as a medical office and includes an additional 12' basement. The building totals 4,050 square feet and was previously used as a Texan Restaurant, offering a layout that has already supported retail and professional healthcare use.

Located at 520 N Mission St in Mount Pleasant, the site benefits from a large parking lot in front and behind the building. Public remarks also note approximately 16,000+ cars per day, along with walk and bike scores of 76 and 69, respectively.

This offering is well-suited for an owner-operator or investor seeking a healthcare-focused facility with existing operational history and practical on-site parking. The property is also noted as approved for a cannabis location, which may support tenant or business use cases that align with that approval.

Key Highlights

  • Medical office building built in 1970, 4,050 SF with a 12' basement
  • Large parking lot in front and behind
  • Former Texan Restaurant—space currently used as medical office

Property Analytics

Current Use

Dr. Osvaldo Orengo, ... Pediatrician Prism Primary Care ... Medical Clinic Lazzara Ralph S ... Physician Sleep Diagnostics Physician Cornell Clint PA-C Medical Clinic

Suggested Use

Top Pick Parking Lot & Garage Garden Center Barber Shop Catering Service Veterinary Clinic (Bike/Boat/Book/etc) 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

16,000 VPD
Traffic count

Location Intelligence

Trade Area within ½ mile

1,000
Businesses Nearby
Under-served
Demand for This Use

Demographics for 48858, MI

41,844
Population
19,396
Households
2.2
Avg Household Size
30
Median Age
37%
College-Educated
93%
High-School Grad
174.4 sq mi
ZIP Area
240
Density / Sq Mi
$48,794
Median Household Income
$22,775
Median Earnings
$862
Median Rent
$168,000
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
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Similar Off Market Nearby

  • Four Paws Rehabilitation 1206 N Fancher St, Mt Pleasant, MI 48858

Frequently Asked Questions

What type of property is this?
Medical Office Space - Medical office building with ample front and rear parking, high daily traffic, and cannabis approval for the right operator.
Where is this medical office space located?
The property is located at 520 N Mission Street Mt Pleasant, MI.
What is the asking price?
The asking price for this property is $775,000.
What are key features of this property?
This property features: Medical office building built in 1970, 4,050 SF with a 12' basement; Large parking lot in front and behind; Former Texan Restaurant—space currently used as medical office
More about this property
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