816 1st St, Gladwin, MI 48624-1258
This exceptional 14,400-square-foot industrial facility, located at 816 First Street in Gladwin, MI, presents a unique opportunity for immediate occupancy. The property boasts a versatile design suitable for manufacturing, warehousing, or research and development operations. The single-tenant building features a spacious layout with a high 14-foot ceiling clearance, providing ample room for various industrial uses. The building underwent renovations in 2010, ensuring modern functionality and efficiency. Ample power is readily available with a 480v 3-phase electrical service, ideal for energy-intensive operations. Convenient access is provided by a single drive-in bay, streamlining loading and unloading processes. Furthermore, fourteen parking spaces are available on-site for employees and visitors. The entire 14,400 square feet is currently vacant, offering immediate possession for a prospective tenant. This property is perfectly situated in Gladwin, MI, offering easy access to transportation routes and local amenities. This is an exceptional opportunity to secure a well-maintained, ready-to-occupy industrial space in a desirable location. The combination of size, power capacity, and convenient features makes this property an attractive option for a variety of businesses. Don't miss this chance to establish your operations in this prime industrial space.
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
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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.