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(989) 385-1311
Bay Realty Michigan
1850 44th Street, Wyoming, MI 49519-4276
- $2,495,000
- 17,460
- SqFt
- List Price
- $2,495,000
- Status
- ACTIVE
- MLS#
- 70568196
- Days on Market
- 11
- Year Built
- 1989
- Acres
- 1.91
- Living Area
- 17,460
- Municipality
- Wyoming
- Region
- Wyoming
- Township
- Wyoming
Property Description
1850 44th St SW is a 12-suite professional office building of about 17,460 SF on 1.91 acres, set among mature trees and minutes from US-131 and M-6. It offers three ways in: buy it for the income, occupy it as an owner-user, or take over an established office operation.Investors get a largely occupied building with established financial, legal, real estate, and wellness tenants, on-site management, and income growth built in. A temporary rent concession ends 1/1/2027, and legacy-priced suites come up for renewal in 2027. Current gross leases can be kept or restructured as they renew.Owner-users can run their business from a credible, client-ready address with a professional lobby and waiting area, elevator, ample free parking, and monument signage opportunities on 44th St SW, with tenant income to help offset the cost of ownership.Owner-operators can step into a working model of fully serviced private offices. Gross rent covers utilities, internet, trash, lawn care, snow removal
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Additional Information
- Lot Dimensions
- 377 x 316 x 244 x 212
- Heating
- None
- Sewer
- Storm
- Foundation
- Basement
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Listing Courtesy of Glover Agency, Office Phone: 248-996-1100
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.