2466 Orch Lk Rd, Sylvan Lake, MI 48320-1532
This exceptional 3,700 square foot Class B office building, situated on a 0.6-acre lot in Sylvan Lake, Michigan, presents a unique owner-user investment opportunity. Built in 1960 and extensively renovated in 2022, the single-story building boasts four private offices, a conference room with kitchenette and custom cabinetry, a granite conference table, and a dedicated game room. Additional storage space is available, and there's room for expansion to add more offices. The property features a professionally landscaped yard with mature red maple trees and a private backyard, providing a tranquil and attractive setting. Ample parking is ensured with 25 spaces on-site. Conveniently located less than a mile from Telegraph Road, with easy access to I-75, this property offers excellent accessibility to surrounding communities including Bloomfield Hills, Bloomfield Township, Birmingham, and Pontiac. The building is zoned for commercial use and is currently configured as a creative/executive office space, but its adaptable layout makes it suitable for conversion to a medical office. The lease commencement date is January 1, 2025. The asking price is $900,000. This is a multi-tenant building with one unit.
-
Waldman Management Property Management Company General Contractor
-
Sylvan Lake Capital Corporate Office Financial Advisor
-
Cohn Commercial Properties Real Estate Agency
-
Cohn Commercial Real Estate Agency
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
BI · Sylvan Lake, MISylvan Lake. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.