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Office Building with Full Basement
New
For Sale
$229,000

5653 Walker Dr, Grayling, MI 49738

C-3A General Commercial zoning, paved parking, and city water support a range of commercial operations.

Property Size2,480 SF
Price / SF$92.34
Days on Market6

Property Features for 5653 Walker Dr

General Information

Standard status Active
Size 2,480 SF
Zoning C-3A

Additional Details

Utilities to Site Yes
Listing Agency: CENTURY 21 REALTY NORTH-HOUGHTON LK
Listed By: TODD JANSEN · License #6&8203;5&8203;0&8203;2&8203;4&8203;0&8203;8&8203;8&8203;9&8203;3
Source: Exprealty
Added: Oct 15 Changed: Oct 19 Last Checked: Oct 19 at 5:30AM

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 CENTURY 21 REALTY NORTH-HOUGHTON LK

Rey
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Investment Insights

Based on property information with market context.

This office building was constructed in 1986 and includes a full, dry basement. Paved parking serves the property, and furnishings may remain or be removed by the seller. High-speed internet is available, and the building has city water service.

The property is zoned C-3A General Commercial and has an average daily traffic count of 12,000 in front of the building. It is located at 5653 Walker Dr in Grayling, Michigan.

Key Highlights

  • Full, dry basement
  • Average daily traffic count of 12,000 in front of the building
  • C‑3A General Commercial zoning

Property Analytics

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Current Use

Dr. Mark W. ... Dental Office

Suggested Use

Top Pick Dental Office HVAC Service Parking Lot & Garage Building Supply Electrical Service 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

Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

340
Businesses Nearby

Demographics for 49738, MI

9,498
Population
7,299
Households
1.3
Avg Household Size
50
Median Age
21%
College-Educated
92%
High-School Grad
332.6 sq mi
ZIP Area
29
Density / Sq Mi
$57,573
Median Household Income
$33,218
Median Earnings
$855
Median Rent
$153,200
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

Frequently Asked Questions

What type of property is this?
Office building - C-3A General Commercial zoning, paved parking, and city water support a range of commercial operations.
Where is this office building located?
The property is located at 5653 Walker Dr Grayling, MI.
What is the asking price?
The asking price for this property is $229,000.
What are key features of this property?
This property features: Full, dry basement; Average daily traffic count of 12,000 in front of the building; C‑3A General Commercial zoning
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