Property profile

304 Michigan St Mount Pleasant, MI 48858

OFF-MARKET
Office Spaces
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Property summary

AI-generated overview

This exceptional single-tenant office suite in downtown Mt. Pleasant offers a convenient and cost-effective solution for businesses seeking a professional workspace. Located at 304 W Michigan Street, the property boasts a generous 64-space private parking lot shared with other tenants, accessible from Michigan Avenue. The suite itself features a flexible layout, easily adaptable to a two-office configuration or a single office with reception area and kitchenette. Enjoy the benefits of a gross lease, where monthly rent includes all utilities except for communications (Wi-Fi, internet, ethernet, cable, and phone). The building's prime downtown location provides easy access to Broadway, ensuring convenient commutes and excellent visibility. Landlord responsibilities encompass exterior maintenance (trash removal and snow removal) and utility costs (electricity, heat, air conditioning, and water/sewer). A significant advantage is the absence of a security deposit, simplifying the leasing process. This is an ideal opportunity for a business seeking a well-maintained, conveniently located, and all-inclusive office space in a thriving downtown area. The property is situated in Isabella County.

Property profile

Verified
Property type Office Spaces

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Alternative Medicine Practice
  • Factory Industrial Manufacturer
  • Physician
  • Big Box & Wholesale Store Factory
  • Physician Medical Clinic

Location

304 Michigan St Mount Pleasant, MI 48858
Mount Pleasant metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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