Property summary
This exceptional Class A office building, situated on a 2.58-acre lot in Midland, Michigan, presents a unique investment opportunity. Built in 1987 and extensively renovated in 2018, the 4,000 square foot single-story structure offers versatile space suitable for executive offices, flexible work environments, or research and development. The property boasts a recently updated roof and furnace, ensuring efficient and cost-effective operation. A convenient small storage area with grade-level access is included. The expansive lot provides significant potential for future expansion, with ample space to add approximately 12,000 square feet of additional building area. The property is zoned INDUSTRIAL, offering flexibility for a variety of uses. The asking price is $470,000, and financing options include cash or mortgage. Located at 3600 Centennial Dr, Midland, MI 48642 (APN: 14-24-50·290), this property offers a compelling combination of functionality, modern amenities, and significant expansion potential in a desirable location. The building's single-tenancy status provides ease of management and control. The property's size is approximately 4,000 square feet, situated on a 2.58-acre lot (approximately 112,385 square feet).
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Zoning & alternative use
IA Industrial A District IB Industrial B District Section 9.02 - STATEMENTS OF PURPOSE A. Agricultural District The Agricultural District is intended to provide areas of the City for agricultural use, and other compatibl…
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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Cap rate
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Price sensitivity
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Property tax & assessments
Tax year 2022Property description
Physical attributes from public recordsZoning & alternative use
IA · Midland, MIIA Industrial A District IB Industrial B District Section 9.02 - STATEMENTS OF PURPOSE A. Agricultural District The Agricultural District is intended to provide areas of the City for agricultural use, and other compatibl…
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
IA Industrial A District IB Industrial B District Section 9.02 - STATEMENTS OF PURPOSE A. Agricultural District The Agricultural District is intended to provide areas of the City for agricultural use, and other compatibl…
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for IA in Midland, MI.
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