Current Use by Public Records
- Tasty Treats Ice Cream / Take-out & Catering / Cafe & Coffee Shop
- Barry M. Matheson, DC / Alternative Medicine Practice
- Matheson Chiropractic / Alternative Medicine Practice
Property Details for 5265 Pierson Rd
- Year built
- 1980
- Property type
- Office Spaces
- Property subtype
- Medical Office Space
Description
This exceptional investment opportunity presents a two-building, multi-unit medical office complex located at 5245 and 5265 W Pierson Rd, Flushing, MI 48433. The property, totaling 3,200 square feet, boasts a Class B designation and sits on a commercially zoned lot. Built in 1980, the two-story complex features five units with 61% occupancy. The asking price is $400,000, translating to $125 per square foot. One unit, approximately 1080 square feet, is ideally suited for a doctor's office, complete with eight rooms, a reception area, a waiting room, and three bathrooms. Another unit, approximately 800 square feet, is currently leased for $675 per month and includes multiple offices and a private bathroom. The property benefits from convenient access to US-75 and nearby businesses, and features prominent monument street signage. This is a modified lease, multi-tenancy property offering a compelling value-add investment opportunity in a thriving Michigan market. The property is privately owned.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Flushing
- County
- Genesee
- State
- Michigan
- Longitude
- -83.7825
- Latitude
- 43.0599
