673 E. Cedar Ave., Gladwin, MI 48624
Back to Website: 673ECedarAve.IsForSale.com
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Status:Active
MLS #:50198237
Price:$ 144,900
Type:Commercial
Size:5,800 ft²
Features
- City of Gladwin Utilities
- 3 Poss 4 units, 2 units are currently rented.
- Located in a high traffic strip mall in the City of Gladwin
Remarks
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.
