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    Gaylord, MI
    Medical Premises

    Gaylord, MI Medical Office Space for Sale

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    Johannesburg, MI Frederic, MI Vanderbilt, MI Elmira, MI Mancelona, MI Alba, MI Boyne Falls, MI Grayling, MI
    Vacant Medical Office Building
    Updated: Jul 22
    Vacant Medical Office Building

    1662 S Otsego Avenue, Gaylord, MI 49735

    $399,000
    4,000 sqft 1.64 AC lot
    Vacant office building previously used as a podiatrist office with 5 exam rooms, reception area, and a bathroom
    1.64‑acre parcel with a paved cement driveway and parking area
    Full basement included
    Parking lot and on‑site sign/sign stanchion with electric in place
    Public sewer available
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    This listing looks promising.

    Here's a quick look at some key insights for

    1662 S Otsego Avenue, Gaylord, MI 49735

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    • Est. Cap Rate

      8.3%
      Above avg (5.9%)

    • Est. NOI

      $33K
      Annual

    • Price @ 7% Cap

      $474K
      Above asking
    View Property Analytics
    Two-Building Medical Office Condo
    Updated: Apr 11
    Two-Building Medical Office Condo

    918 N Center Ave, Gaylord, MI 49735

    Contact for pricing
    Condoized, two‑building medical office complex in Gaylord, MI totaling 20,000 SF.
    5 of 7 condo units being delivered, totaling 14,800 SF; two additional separately owned units are 3,000 SF each.
    Buildings constructed in 2007 and 2010.
    McLaren Medical anchors with 3 of the 5 available units, operating specialty services including oncology, specialty/sleep, and heart/vascular.
    Associated Retinal Consultants occupies a 3,000 SF unit and was recently acquired by EyeCare Partners.
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    Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 2 Active listings in Gaylord, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Medical Office Building with Garage
    Medical Office Building with Garage

    4890 Airport Road, Lewiston, MI 49756

    $399,900
    3,468 sqft 17.56 AC lot

    Spacious office building with reception, large conference room, multiple exam/offices, and an attached garage.

    View details
    Historic Office Building Space
    Historic Office Building Space

    224 Michigan St, Petoskey, MI 49770

    Contact for pricing
    4,189 sqft

    Main level is barrier-free with high vaulted ceilings, abundant natural light, and delivered as a white box.

    View details
    Medical-Use Office Building on Acreage
    Medical-Use Office Building on Acreage

    4890 Airport Rd, Lewiston, MI 49756

    $399,900
    3,400 sqft 17.50 AC lot

    Spacious office building with reception, conference space, multiple rooms, and utilities in place for flexible business use.

    View details
    Medical Office Suite with Reception
    Medical Office Suite with Reception

    2780 Charlevoix Avenue, Petoskey, MI 49770

    Contact for pricing

    Office suite includes a reception area, three private offices, kitchenette, and two baths, previously used as a doctor’s office.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Approved Office Pad in Professional Center
    Approved Office Pad in Professional Center

    4240 Copper View, Traverse City, MI 49684

    $1,495,000
    30,000 sqft

    Land parcel approved for a 30,000-square-foot office building with a basement parking garage.

    View details
    Commercial Land Parcel
    Commercial Land Parcel

    V/L Zimmerman Road, Traverse City, MI 49685

    $145,000
    1.48 AC lot

    1.48-acre commercial land with municipal water and sewer, supporting a range of office, medical, service, and retail uses under PUD zoning.

    View details
    Cadillac Vacant Development Land
    Cadillac Vacant Development Land

    8072 S Mackinaw Trail, Cadillac, MI 49601

    $299,000
    5.98 AC lot

    6 acres of vacant land ready for development in Cadillac.

    View details
    Vacant Development Land Site
    Vacant Development Land Site

    8072 S Mackinaw Trail, Cadillac, MI 49601

    $299,000
    5.98 AC lot

    Nearly 6 acres of level, cleared land ready for a new commercial development on South Mackinaw Trail.

    View details

    Gaylord, MI Medical Office Space Market Trends and Statistics

    Explore 2 medical office space for sale in Gaylord, MI on our real estate platform. These investment opportunities span a total of 4,000 square feet of properties for sale, with an estimated market value of $399,000.

    Sale prices for medical spaces in Gaylord, MI start at $399,000, averaging $399,000, and reaching up to $399,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Office Units 27
    Office buildings 6
    Medical Office Space 4
    Creative space 1

    Demographics Overview

    Population 21K
    Population Growth (5Y) +5.2%
    Median Household Income $69,050
    College Educated 18.6%

    Taxes & Financing

    Tax Rate (average for all types) 3.68%
    Tax Rate vs County Average 0.03 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Otsego County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Otsego County

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