42490 Garfield Rd, Clinton Township, MI 48038

This single-story, 2,423 square foot medical facility in Clinton Township, Michigan, presents a compelling value-add investment opportunity. Located at 42490 Garfield Rd #7, 48038, near Henry Ford Macomb Hospital, this property boasts a desirable location and ample parking, including handicap-accessible spots. The building, constructed in 1993 and fully renovated in 2008, features two units, each with a separate entrance, offering flexibility for single or multi-tenant occupancy. Currently vacant with an occupancy date of September 22, 2024, this property is zoned commercial and sits on a 16,300 square foot lot. The interior includes a welcoming waiting area, four exam rooms with sinks and a service desk, a lunchroom with washer and dryer, a fireproof room, and oxygen tank storage. With five beds and a 7% cap rate, this property offers a strong return on investment at an asking price of $445,000 ($183.66/sq ft). The property's versatile design makes it suitable for various healthcare providers, technology firms, or other businesses seeking a professional setting. This is a rare opportunity to acquire a well-maintained, strategically located medical office building with significant upside potential. The property's APN is 16-11-08-102-011 & 16-11-08-102-014. The ownership structure is an LLC.