Medical Office with
New
For Sale
$399,900
597 Baldwin Street, Jenison, MI 49428
Commercial Sale, Jenison, MI
Property Size1,356 SF
Price / SF$294.91
Days on Market1
Property Features for 597 Baldwin Street
General Information
Property type
Commercial Sale
Property subtype
Office
Bathrooms
2
Full bathrooms
2
Rooms
Bathroom 1, Basement, Bathroom 2
Parking
20
Elementary school district
Jenison
Middle school district
Jenison
High school district
Jenison
Directions
I96 west to exit 69C(Baldwin St.). Follow one mile to building on North side of Baldwin(just past Cottonwood)
Standard status
Active
APN
70-14-13-178-006
Size
1,356 SF
Taxes and HOA fees
Tax Year
2026
Tax Description
Lengthy Legal(See attached)
Tax Annual Amount
4911
Legal Description
Lengthy Legal(See attached)
Utilities
Heating system
Forced Air
Cooling system
Central Air
Building Details
Year built
1985
Floors in Building
1
Number of units
1
Listing Agency:
Cascade Properties Rlty LLC
(616) 942-0048
Listed By:
Jordan P Nemmers · License #6506042764
(616) 745-5062
Added: Oct 14
Last Checked: Oct 14 at 10:06PM
MLS# 26054767
Copyright © 2026 Michigan Regional Information Center, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This 1,356-square-foot medical office condominium includes a reception area, a large patient waiting room, and four matching exam rooms. Additional space comprises a break room with a private half bath, a separate patient bathroom, file storage, and a full-size basement that can serve for storage or expansion. The property was built in 1985 and has forced-air heating and central air conditioning.
The office is located on Baldwin Street in Jenison, Michigan.
The office is located on Baldwin Street in Jenison, Michigan.
Key Highlights
- 1,356 square feet of medical office space
- Four exam rooms and a large patient waiting room
- Full‑size basement for storage or expansion
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$14,938
Cap Rate
3.74%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$298,760
$298.8K
Cap Rate 7%
$213,400
$213.4K
Cap Rate 9%
$165,978
$166.0K
Market Conditions
NOI Build-Up for 1,356 SF
Gross rent
$23.1K $17.04/SF
− Vacancy
−$3.2K −$2.35/SF
EGI
$19.9K $14.69/SF
− OpEx
−$5.0K −$3.67/SF
NOI
$14.9K $11.02/SF
Area
Ottawa 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%
$298,760
Cap Rate 7%
$213,400
Cap Rate 9%
$165,978
Alternative Uses
Best Use
Office B
$213.4K
$186.7K – $249.0K
NOI $14,938 @ 7.0% cap · market cap 3.74%
Second Best
Healthcare Medical
$160.6K
$140.6K – $187.4K
NOI $11,244 @ 7.0% cap · market cap 2.81%
Theoretical Best
Multifamily LT 5
$16.86M
$14.75M – $19.67M
NOI $1,180,356 @ 7.0% cap · market cap 295.16%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
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Current Use
Location Intelligence
Trade Area within ½ mile
499
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 49428, MI
27,162
Population
10,312
Households
2.6
Avg Household Size
38
Median Age
38%
College-Educated
95%
High-School Grad
16.1 sq mi
ZIP Area
1,687
Density / Sq Mi
$92,290
Median Household Income
$49,911
Median Earnings
$1,373
Median Rent
$276,100
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in Midwest region
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Frequently Asked Questions
What type of property is this?
Medical Office Space - Reception, patient waiting, four exam rooms, and support areas create a functional clinical layout.
Where is this medical office space located?
The property is located at 597 Baldwin Street Jenison, MI.
What is the asking price?
The asking price for this property is $399,900.
What are key features of this property?
This property features: 1,356 square feet of medical office space; Four exam rooms and a large patient waiting room; Full‑size basement for storage or expansion
