C-2 Retail Space with Main Street
For Sale
Under Contract
$459,000
719 W Main Street, Gaylord, MI 49735
Commercial Sale, Gaylord, MI
Property Size1,756 SF
Lot Size0.73 Acres
Price / SF$261.39
Days on Market183
Property Features for 719 W Main Street
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
C-2
Parking features
Parking Lot
Subdivision
T30N-R3W
Directions
Main St just west of Wisconsin Ave, downtown Gaylord.
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
Legal 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: Aug 19
Last Checked: Oct 7 at 12:06AM
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.
This C-2 retail space includes 1,756 square feet within a 0.73-acre property. The site has a parking lot and is served by public sewer, providing established commercial-site infrastructure.
Frontage is identified along M-32/Main Street in Gaylord, within Otsego County. The property address is 719 W Main Street, Gaylord, MI 49735, placing the retail space on a named commercial roadway. The combination of retail use, C-2 zoning, on-site parking, and public sewer supports a straightforward commercial property profile.
Frontage is identified along M-32/Main Street in Gaylord, within Otsego County. The property address is 719 W Main Street, Gaylord, MI 49735, placing the retail space on a named commercial roadway. The combination of retail use, C-2 zoning, on-site parking, and public sewer supports a straightforward commercial property profile.
Key Highlights
- 1,756 square feet of retail space
- 0.73‑acre property
- C‑2 zoning
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$18,229
Cap Rate
3.97%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$364,580
$364.6K
Cap Rate 7%
$260,414
$260.4K
Cap Rate 9%
$202,544
$202.5K
Market Conditions
NOI Build-Up for 1,756 SF
Gross rent
$27.2K $15.48/SF
− Vacancy
−$1.1K −$0.65/SF
EGI
$26.0K $14.83/SF
− OpEx
−$7.8K −$4.45/SF
NOI
$18.2K $10.38/SF
Area
Otsego County, MI
Vacancy
4.20%
Lease Rate
$15.48 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$364,580
Cap Rate 7%
$260,414
Cap Rate 9%
$202,544
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
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
924
Businesses Nearby
301k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 35%
Superstores 30%
Shops & Services 26%
Groceries 6%
Walmart
Superstores
90,180 visits/mo
0.5 miles
McDonald's
Dining
34,190 visits/mo
0.1 miles
Speedway
Shops & Services
20,441 visits/mo
0.2 miles
Family Fare
Groceries
18,037 visits/mo
0.1 miles
Qdoba Mexican Grill
Dining
16,825 visits/mo
0.2 miles
Demographics for 49735, MI
20,568
Population
11,551
Households
1.8
Avg Household Size
44
Median Age
27%
College-Educated
94%
High-School Grad
248.6 sq mi
ZIP Area
83
Density / Sq Mi
$69,050
Median Household Income
$39,813
Median Earnings
$876
Median Rent
$200,800
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Retail space - Commercial retail property includes on-site parking and public sewer service.
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: 1,756 square feet of retail space; 0.73‑acre property; C‑2 zoning
