7477 State Rd, Goodrich, MI 48438-8745
This exceptional 3,000 square foot industrial property, situated on a generous 4.68-acre lot in Goodrich, Michigan, presents a compelling investment opportunity. Conveniently located off M-15, the building boasts excellent visibility and accessibility. Currently occupied, the property features two handicap-accessible parking lots, ensuring ample parking for tenants and visitors. The building is divided into two distinct units. The upper level, encompassing 3,339 square feet, is currently utilized as a medical doctor's office. The lower level, comprising 2,800 square feet, is also leased. The property benefits from recent significant upgrades, including a new well pump installed in 2023, a new upper-level HVAC system in 2021, and a new lower-level HVAC system in 2022, demonstrating a commitment to ongoing maintenance and operational efficiency. Tenants are responsible for their own tenant improvements, common area maintenance (TICAM). This turnkey investment offers a strong potential for immediate cash flow and long-term appreciation. The property's prime location, substantial size, and recent improvements make it an attractive proposition for discerning investors seeking a stable and profitable addition to their portfolio. Serious inquiries only.
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Advanced Physical Therapy Center Medical Clinic
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Genesys Integrated Group Practice Medical Clinic
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Dr. Mark S. Clark, MD Pediatrician Physician
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Bridget M. Hillman, PA Physician
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Heidi Hilton-Kosch Medical Clinic
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2019Comparables
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
VILLAG · Goodrich, MIGoodrich. 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.