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    OFF-MARKET
    Industrial properties

    35 M-61, Gladwin, MI 48624

    1,536 SF 1.02 ac lot Built 1987
    Property ID
    Property summary
    AI-generated overview

    This 1,536 square foot industrial building is ideally situated on a main thoroughfare in Gladwin, MI, offering excellent visibility and accessibility. Previously used as a real estate office, this versatile space is perfect for a variety of professional uses, including medical practices (doctor's office, dental office, physical therapy), personal care services (hair or nail salon, pet groomers), or other businesses requiring high visibility. The building features two separate, handicap-accessible entrances, each with its own bathroom and kitchenette, allowing for flexible use as either a single large office or two independent rental units. Modern amenities include a Watchfire LED marquee sign for effective advertising, a security system with cameras, temperature monitoring, and a high-water alert system for the sump pump. Recent upgrades include a new roof (2012), well (2024), AC unit (2024), and septic line (2024), ensuring low maintenance costs. High-speed Spectrum internet is already installed. The 1.02-acre lot provides ample space, and the building's adaptable layout makes it an exceptional opportunity for a business seeking a prominent location in Gladwin. This turnkey property is ready for immediate occupancy.

    Property profile
    Verified
    Property type Industrial properties
    Year built 1987
    Total area 1,536 SF
    Lot 1.02 ac (44,431 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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