1999 Walden Drive $875,000

    Close

    1999 Walden Drive Gaylord, MI 49735

    • Commercial
    MLS# 316827 | Active

    $875,000

    Request Info
    Days On Market: 128 8 Views
    Add to Favorites Share

    Go Tour This Home

    Schedule A Showing

    Property Details

    Cap Rate of 9.5. New 5 year lease recently signed for main floor. Average gross rents are over $119,000 per year. Possible ROI of 22%. Premiere office building in Gaylord Michigan. Gaylord is the Gateway to all of Northern Michigan. North-South, East-West arteries pass through this hub of business, and commerce. The building covers 12,456 SQFT building across the main floor and full lower level. The main floor has a nice lobby with bathroom, 21 separate offices, a common area, conference room, a kitchenette, and network wiring throughout. Mechanical room has a three boiler system. Main Distribution Facility (MDF) for your network and server equipment contains 220 AMP & 20 AMP circuits.

    • General Features
      • Type Commercial/Vacant
      • Business Information Income Property
      • Extras High Visibility, Highway Access, Kitchen Area, Landscaped, Restroom (s), Storage
      • Subdivision T30N R3W
      • County Otsego
    • Building Features
      • Construction Brick
      • Basement Full Basement, Walkout
      • Heating/Air Conditioning Baseboard,Central Air,Hot Water,Natural Gas,Zoned
    • Property Features
      • Lot Size 1.8 acres
      • Parking Parking Lot, Paved
      • Road Paved
      • Driveway Blacktop
      • Internet Access Cable
      • Electric On Site
      • Sewer Municipal
      • Water Municipal
      • Gas On Site

    Contact

    The TEAM

    Serving Northern Michigan

    Gaylord, Michigan

    Business: 989-732-9555

    Neighborhood

    49735 (Gaylord) Demographics

    43Median Age
    78Population Density (per sq. mile)
    32%College Educated
    $52,312Estimated Median Income
    6,255Estimated Total Home Owners
    1,560Estimated Total Renters
    80% / 20%Estimated Owner / Renter Divide
    2Estimated Average Household Size
    19,577Total Population

    Market Last 30 Days

    $119,250 Median Sales Price
    26 Homes Sold
    23 New On Market

    Average Days on Market

      Properties for Sale

        Property History

        Date Event Price Percent Change
        -- Current Price Source New Value: $875,000
        11/15/2018 9:55:00 AM New in Database Source

        Payment Calculator

        $0 per month
        Year Fixed, Interest
        Principal and Interest
        $0
        Property Taxes
        Homeowners' Insurance

        Home Price
        Down Payment
        The data relating to real estate on this web site comes in part from the Internet Data Exchange Program of the Water Wonderland MLS (WWLX). Real estate listings held by brokerage firms other than the firm which owns this website are marked with the WWLX logo and the detailed information about said listing includes the listing office. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither the listing broker(s) nor the broker which owns this website shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless. WWLX information is provided exclusively 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. Water Wonderland MLS, Inc © All rights reserved.