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    OFF-MARKET
    Medical Office Space

    1503 Glastonbury Dr, Saint Johns, MI 48879-8275

    4,943 SF 1.01 ac lot Built 2001
    Entity Owned 13-yr Hold Free & Clear
    Property ID
    US43-0760430
    Property summary
    AI-generated overview

    This exceptional 1,691 square foot medical office suite is available for lease at 1503 Glastonbury Drive in Lansing's desirable medical submarket. Located in a single-story, dual-tenant building constructed in 2001, this space offers a prime opportunity for medical professionals seeking a well-appointed and conveniently located practice. The suite boasts three exam rooms, dedicated office space, a functional lab area, a comfortable break room, and a welcoming waiting room complete with a reception window. Previously occupied by a dental practice, the space is ready for immediate occupancy and customization to suit your specific needs. The property sits on a 1.01-acre lot and includes ample parking with 24 spaces available for patients and staff. The building's address is conveniently located south of downtown St. Johns, offering easy access to US-127. The property is zoned O - Commercial and has an APN of 300-021-100-010-13. The total building size is 4,943 square feet, with 1,691 square feet currently vacant. This single-tenant suite presents a unique opportunity to establish or expand your medical practice in a thriving location. Don't miss this chance to secure this well-equipped and strategically positioned medical office space.

    Property profile
    Verified
    Property type Medical Office Space
    Use group DENTAL BUILDING
    Year built 2001
    Total area 4,943 SF
    Lot 1.01 ac (44,039 SF)
    Zoning code O
    APN 300-021-100-010-13
    UPID US43-0760430
    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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    by Request
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    Blend (final) Blend
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    Owner & transaction history
    Mv56 LLC · 13 yrs held
    Mv56 LLC
    since 2012
    3 recorded transactions
    2021
    2012
    $240,000
    2012
    Zoning & alternative use
    O · Saint Johns, MI
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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