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    FOR SALE
    Medical Office Space

    1650 Fort St, Trenton, MI 48183

    11,525 SF 1.09 ac lot Built 1975
    Individually Owned 1-yr Hold Free & Clear
    Property ID
    US43-1133060
    Property summary
    AI-generated overview

    This exceptional Class A medical office building, located at 1650 Fort St in Trenton, Michigan, offers 11,024 square feet of readily available space. Ideal for immediate occupancy, the property boasts a prime location, minutes from Beaumont Southshore Hospital and Henry Ford Wyandotte Hospital, ensuring convenient access for patients and staff. Situated on Fort Street and King Road, this building benefits from high visibility and easy access. The property is part of a thriving medical community, with numerous doctors already practicing nearby. Adding to its appeal, the building is adjacent to a well-established athletic center and a nearly completed senior complex, creating a synergistic environment. Ample on-site parking is available for staff and patients. The building features on-site management for ease of operation. For new 5-year leases, an attractive incentive of six months of free rent is offered. The asking price for the building is $800,000. Rent bumps are included in the lease terms. This presents a unique opportunity to acquire a well-positioned, fully built-out medical office building in a high-demand area. The property is zoned for medical use and is ready for immediate occupancy. The building's location in Wayne County, Michigan, zip code 48183, offers excellent accessibility and visibility.

    Property profile
    Verified
    Property type Medical Office Space
    Use group MEDICAL BUILDING
    Year built 1975
    Total area 11,525 SF
    Lot 1.09 ac (47,480 SF)
    Zoning code B2
    APN 54 005 06 0007 000
    UPID US43-1133060
    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
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $731k
    Blend (final) Blend
    $730k
    Owner & transaction history
    John J Finazzo · 1 yrs held
    John J Finazzo
    since 2024
    1 recorded transaction
    2024
    Zoning & alternative use
    B2 · Trenton, MI
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    More about this property
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