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    11608 Fulton St Lowell, MI 49331

    Sponsored
    For Sale
    $975,000

    7,966 SF Office Building, $975,000

    Property size:
    7,966 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 7,966 square foot office building, located at 11608 Fulton Street SE in Lowell, Michigan, presents a compelling investment opportunity. The single-story, Class B building sits on a generous 1.04-acre lot (APN: 41-20-04-401-011) and boasts a prime location along busy Fulton Street. Constructed in 1984, the structure features brick, stone, and wood exterior finishes, a frame/wood structural system, and a composition shingle roof. Interior features include concrete and wood flooring, electric forced-air heating, and central air conditioning. Ample parking is available. The property is zoned Commercial (COMM), offering considerable flexibility for a variety of uses, including but not limited to gas station, restaurant, retail, office, medical, or redevelopment projects. The asking price is $975,000, translating to $122.40 per square foot. The property is offered as a Net Net Net (NNN) lease with a 36-month term. Annual property taxes totaled $10,079 in 2021. The property is immediately available. This is a rare opportunity to acquire a substantial commercial property in a desirable location with significant potential.

    Property Features for 11608 Fulton St

    General Information

    Property type
    Office Properties & Spaces
    Square Feet
    7,966 SF
    Class
    B
    Lot Size
    45,302 SF

    Building Details

    Year Built
    1984
    Stories
    1

    HighLights

    • 7,966 SF office building for sale or lease in Lowell, MI.
    • Single‑story, Class B building on a 1.04‑acre lot.
    • Brick, stone, and wood exterior; frame/wood structure; composition shingle roof.
    • Concrete and wood flooring; electric forced‑air heat; central AC; ample parking.
    • $975,000 asking price ($122.40/SF); NNN lease, 36‑month term.
    • $10,079 annual property taxes (2021); immediately available.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Nail Salon Hotel & Motel

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Lowell
    County
    Kent
    State
    Michigan
    Longitude
    -85.38092
    Latitude
    42.92962

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    Nearby Similar for Sale

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    FAQs

    What type of property is this?
    Office Property / Space - 7,966 SF Office Building, $975,000
    Where is this office property / space located?
    The property is located at 11608 Fulton St Lowell, MI.
    What is the asking price?
    The asking price for this property is $975,000.
    What are key features of this property?
    This property features: 7,966 SF office building for sale or lease in Lowell, MI.; Single-story, Class B building on a 1.04-acre lot.; Brick, stone, and wood exterior; frame/wood structure; composition shingle roof.
    (616) 235-0900
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    11608 Fulton St Lowell, MI 49331
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    11608 Fulton St Lowell, MI 49331
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