Medical Premises

Ithaca, MI Medical Office Space for Sale

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Medical Office Building with Lobby
Updated: Jan 27
Medical Office Building with Lobby

820 N Pine River Street, Ithaca, MI 48847

$229,000
4,785 sqft 1.34 AC lot
Medical office configuration with 20 rooms and 7 bathrooms
Lobby and foyer provide a defined client arrival area
Multiple ADA‑accessible bathrooms are in place
Dedicated parking lot on a 1.34‑acre property
820 N Pine River Street, Ithaca, MI 48847
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Versatile Commercial Building in Ithaca
Updated: Jan 27
Versatile Commercial Building in Ithaca

820 N Pine River St, Ithaca, MI 48847

$229,000
4,785 sqft
Prime commercial location on a main road leading into Ithaca.
4,875+ square feet of flexible space suitable for various businesses.
Features 20 rooms and 7 bathrooms.
Includes a welcoming lobby and foyer area.
Multiple ADA‑accessible bathrooms and accommodations.
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Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 Active listings in Ithaca, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

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

Connected Office Units
Connected Office Units

115 S Franklin, Mt Pleasant, MI 48858

$210,000
2,240 sqft 0.05 AC lot

Flexible office layout with private rooms, two reception areas, and separate entrances for shared or multi-practitioner use.

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NNN Medical Office Investment
NNN Medical Office Investment

211 S Crapo St, Mount Pleasant, MI 48858

$999,425

NNN medical office for sale with tenants responsible for property taxes, insurance, and maintenance.

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Medical Office Building with Specialized Buildout
Medical Office Building with Specialized Buildout

2853 Health Parkway, Mount Pleasant, MI 48858

$1,800,000

Specialized medical improvements support an occupied healthcare property with an established institutional tenant.

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Medical Office Condominium
Medical Office Condominium

411 W Broadway Street, Mt Pleasant, MI 48858

$650,000
7,262 sqft

Ground-floor condominium unit suited to medical or dental office use, with access to a nearby public parking lot.

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Ithaca, MI Medical Office Space Market Trends and Statistics

Explore 2 medical office space for sale in Ithaca, MI on our real estate platform. These investment opportunities span a total of 9,570 square feet of properties for sale, with an estimated market value of $458,000.

Sale prices for medical spaces in Ithaca, MI average $229,000 — 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 4
Medical Office Space 2
Office buildings 2

Demographics Overview

Population 5,812
Population Growth (5Y) -3.6%
Median Household Income $63,865
College Educated 14.4%

High-Yield Neighborhoods for Investment

Identify Ithaca submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
48847 $229K

Taxes & Financing

Tax Rate (average for all types) 3.28%
Tax Rate vs County Average 0.69 pp below county avg
Average Loan-to-Value 65.0%

Total CRE Inventory on Market (SF)

Average Property Price per SF

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

Residential Income

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