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About the Listing 83036 - 590398
Great income potential with this 3–4 unit professional office building offering approximately 5,800 square feet. Built in 1984, the Cedar Village Professional Building is located within the City of Gladwin in a high-traffic strip mall area, just down the road from Pizza Hut, Car Quest Auto, and next to the Secretary of State office and The Medicine Shop. The building is well suited for medical offices or other service-based businesses. Two units are currently rented. The rear unit, previously used as a medical office, is vacant and offers approximately 2,500 square feet. This space includes a large waiting room, multiple offices, exam rooms, and a lunch or lounge area, and 2 reception areas which would make this a great unit to share between 2 physicians. The office furniture and items owned by the seller in this unit, are included in the sale. The middle unit is leased to Beltone Hearing, consist of 1 room with access to restroom. Front unit is leased to Compass Drug Screening and includes approximately 1,000 square feet with a small waiting room, reception area, meeting rooms, and office or exam room. The building features a large common hallway and a spacious shared parking lot, which is leased and shared with three other properties. City utilities and natural gas are available. Each unit is separately metered, and utilities are paid by the tenants. A Duralast roof was installed around 2009.
Listing Highlights
Status
Active
Days on Site
5
Property Type
Commercial Sale
MLS ®
50198237
Year Built
1984
Total Square Footage
5,800
Lot/Acreage
0.17
Interior Details
- Bedrooms: 0
- Bathrooms: 0 Full
- Appliances:
- Air Cond: Central A/C
- Heating: Forced Air
- Fireplaces:
- Floor:
- Above Ground Sq Ft: 5800
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water: Public Water
Exterior Details
- Garage Capacity: N/A
- Lot Dimensions: 63.75 x 134.4
- Zoning: Commercial,Professional Office
- Roof: Metal,Rubber
- Others:
- Sewer: Public Sanitary
- Parking Features: 21+ Spaces,Leased,Parking Lot
Financial Details
- Tax Amount: $4,004
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: 2024
Payment Calculator
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Questions About..
673 E Cedar Gladwin, MI 48624
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