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    FOR SALE
    Medical Office Space

    41750 Michigan Ave, Canton, MI 48188

    3,500 SF 0.45 ac lot Built 1970
    Entity Owned 15-yr Hold ~ Est. High Equity
    Property ID
    US43-5291229
    Property summary
    AI-generated overview

    This exceptional 3,400 square foot office building, located at 41750 Michigan Avenue in Canton, Michigan (zip code 48188), presents a unique investment opportunity. Situated in a C-3 Regional Commercial zone, this property is ideally suited for medical or executive office use. The building boasts a thoughtfully designed layout, including seven exam rooms, four restrooms, a spacious reception area, a comfortable waiting room, and dedicated executive offices. The existing configuration allows for flexibility, with the potential to easily divide the space into two separate medical suites, catering to a variety of business needs. High visibility is ensured by prominent signage directly on Michigan Avenue, attracting significant foot traffic and enhancing brand recognition. Ample parking is available on-site, providing convenient access for patients, staff, and visitors. The property is offered at an asking price of $475,000 with a NNN lease type. This turnkey solution offers immediate occupancy and the potential for strong returns. The property's prime location in Wayne County, Michigan, combined with its versatile design and ample parking, makes it an attractive investment for discerning buyers seeking a high-return opportunity in a thriving commercial area.

    Property profile
    Verified
    Property type Medical Office Space
    Use group MEDICAL BUILDING
    Year built 1970
    Total area 3,500 SF
    Lot 0.45 ac (19,602 SF)
    Zoning code C-3
    APN 71 137 01 0001 000
    UPID US43-5291229
    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
    Current use
    Occupant on record · Public records
    • Excel Physical Therapy Services Physician
    • Dr. Ghazala A. Burney, MD Physician
    • Majid Taj Medical Clinic
    • Canton Mold Inspection Home Inspector
    • North American Distribution Distribution Center Logistics Company
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Choice Commercial Properties LLC · 15 yrs held
    Choice Commercial Properties LLC
    since 2010
    1 recorded transaction
    2010
    $330,000
    Zoning & alternative use
    C-3 · Canton, MI
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    More about this property
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