700 W Main Street Gaylord, MI ^$ 489,000

700 W Main Street

^$ 489,000

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Recently Listed

700 W Main Street

Gaylord, MI, 49735

^$ 489,000

Bedrooms-- Baths-- Sq 4,164

Monthly Estimate*

^$ 2,929

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Commercial Property for sale in Gaylord, MI

for $489,000. This 4,164 square foot building was built in 1940 on a lot size of 0.6.

Great investment opportunity in Gaylord! This 4,164 SF office building sits on 0.40 acres and is only one minute from downtown Gaylord. The main floor features 7 offices, a bullpen area, a conference room, a kitchenette, a mailroom, and 2 restrooms. The second floor features 3 offices, a conference room, and a bullpen area. The building has nice curb appeal and is located on a highly-visible lighted intersection next to McDonalds. Listing also includes separate 0.20 acre parcel #100-000-005-012-00 which is used for extra parking. Priced at a 7.35% CAP in year 1 based on current lease with tenant.

Commercial Active

Price

^$ 489,000

Property Type

Commercial

Taxes

^$ 0

Style

Office

Lot Size

0.6

Year Built

1940

Town/City

Gaylord

County/Region

Otsego

MLS | Web ID

1929146

Features

General

Roof Asphalt

Zoning Commercial

Sewer Municipal

Construction Frame

Interior

Basement Full Poured Concrete Unfinished

Exterior

Exterior Features Wood

* Excluded Features

List By

Coldwell Banker Schmidt Traverse City

Broker

(231) 499-0529

Phone

Affordability Calculator

$2,929

Per Month

Monthly Principal & Interest: $2,929
Monthly Property Taxes: --
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 5.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Gaylord, MI

Average List Price ^$298,079

Percent of Sale Price 39%

About Gaylord, MI

4,302 Population

3% Since 2002

^$40,618 Median Income

38.79 Median Age

28% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

2034270 Elementary School

2034440 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
11/20/2024	$489,000		Listed Price

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700 W Main Street, Gaylord, MI, 49735 is a Commercial Property for sale at $489,000 with 4,164 sqft and a lot size of 0.6. 700 W Main Street was built in 1940. The property's zip code is 49735 which is in Gaylord, MI

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 5.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Copyright © Northern Great Lakes REALTORS® MLS. All Rights Reserved.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Northern Great Lakes REALTORS® MLS. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors include the name of the listing brokers.

The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of 11/21/2024.

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700 W Main Street

Commercial Property for sale in Gaylord, MI

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