Retail Storefront with Main Street
719 W Main Street Gaylord, MI 49735
For Sale
Under Contract
$459,000
COMMERCIAL - Gaylord, MI
Property Size1,756 SF
Lot Size0.73 Acres
Price / SF$261.39
Days on Market114
Property Features for 719 W Main Street
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
C-2
Parking features
Parking Lot
Standard status
Active Under Contract
APN
PARCEL A AND PARCEL NO.11-104-OOO-130-01 COMBINED
Size
1,756 SF
Lot size
0.73 Acres
Taxes and HOA fees
Tax Description
PART OF THE NORTHWEST 1/4 SECTION 4, T30N-R3W, CITY OF GAYLORD, OTSEGO COUNTY, MICHIGAN. BEING FURTHER DESCRIBED AS: COMMENCING AT THE NORTHWEST CORNER OF SAID SECTION 4; THENCE S 8940'43'' E, 1109.70 FEET ALONG THE NORTH LINE OF SAID SECTION TO THE POI
Utilities
Sewer type
Public Sewer
Listing Agency:
smith realty GROUP
(989) 732-2477
Listed By:
Ryan Wojan · License #6506047353
(312) 545-8596
Added: Apr 8
Changed: Jun 29
Last Checked: Jul 30 at 1:06AM
MLS# 201839302
Copyright © 2026 Water Wonderland Board of Realtors®. 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.
Retail storefront property for sale at 719 W Main Street in Gaylord, MI 49735. The property offers 1,756 square feet of retail space on 0.73 acres and is served by M-32/Main Street frontage.
Zoned C-2, the site is positioned along a primary roadway within Gaylord, providing direct visibility to passing traffic and convenient access for retail customers.
Zoned C-2, the site is positioned along a primary roadway within Gaylord, providing direct visibility to passing traffic and convenient access for retail customers.
Key Highlights
- Prime M‑32/Main Street frontage on the most highly trafficked road in Otsego County.
- Located in Gaylord, MI, a boom town experiencing unprecedented growth.
- Over 1,700 sq ft of commercial‑retail space.
Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $27.2k | $15.48 |
| − Vacancy | −$1.1k | −$0.65 |
| EGI | $26.0k | $14.83 |
| − OpEx | −$7.8k | −$4.45 |
| NOI | $18.2k | $10.38 |
1,756 SF · lease $15.48/SF/yr · vacancy 4.20% · expense 30.00%
Alternative Uses
Best Use
Retail
$260.4K
$227.9K – $303.8K
NOI $18,229 @ 7.0% cap · market cap 3.97%
Second Best
—
—
no second resolved use
Theoretical Best
Warehouse
$2.41M
$2.10M – $2.81M
NOI $168,365 @ 7.0% cap · market cap 36.68%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Retail space - Retail storefront for sale with C-2 zoning and frontage on M-32/Main Street in Gaylord, Michigan.
Where is this retail space located?
The property is located at 719 W Main Street Gaylord, MI.
What is the asking price?
The asking price for this property is $459,000.
What are key features of this property?
This property features: Prime M‑32/Main Street frontage on the most highly trafficked road in Otsego County.; Located in Gaylord, MI, a boom town experiencing unprecedented growth.; Over 1,700 sq ft of commercial‑retail space.
