673 E Cedar Avenue, Gladwin, MI 48624

$124,900
5,800
SqFt

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List Price
$124,900
Status
ACTIVE
MLS#
50198237
Days on Market
184
Year Built
1984
Price Change
▼ $5,000 1783973461
Acres
0.17
Living Area
5,800
Municipality
Gladwin
Region
Gladwin
Township
Gladwin
Subdivision
Meets And Bouds

Property Description

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.

Additional Information

Lot Dimensions
63.75 x 134.4
Heating
Forced Air
Cooling
Central Air
Sewer
Public Sanitary
Foundation
Slab
Water
Public

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Listing Courtesy of CONDELL WONDER LAND, Office Phone: 989-539-2771

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Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource. The information published and disseminated by MiRealSource is communicated verbatim, without change by MiRealSource, as filed with MiRealSource by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.Copyright 2014 MiRealSource. All rights reserved. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc.

Provided through IDX via MiRealSource, as the "Source MLS", courtesy of the Originating MLS shown on the property listing, as the Originating MLS. The information published and disseminated by the Originating MLS is communicated verbatim, without change by the Originating MLS, as filed with it by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Copyright 2014 MiRealSource. All rights reserved. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc.