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5087 N Royal Garfield Twp, MI 49684
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Key Details
Sold Price $690,000
Property Type Commercial
Sub Type Business Opportunity
Listing Status Sold
Purchase Type For Sale
Square Footage 4,481 sqft
Price per Sqft $153
MLS Listing ID 78080013281
Sold Date 03/06/24
Originating Board Aspire North REALTORS®
Year Built 1992
Lot Size 0.980 Acres
Acres 0.98
Lot Dimensions condo
Property Description
Fantastic medical office investment, leased to Munson Medical Center on 10-year lease which goes through August 31, 2031. Space is 4,481 SF of medical office in 2 unit condominium building. Each unit has a separate entrance and basement storage space. Munson Hospital is leasing this space for their Pulmonary and Critical Care office. Building offers great location in medical office park near the main hospital and has plenty of parking. Offered at 8.5% cap rate.
Location
State MI
County Grand Traverse
Area Garfield Twp
Zoning Commercial,Office
Interior
Heating Forced Air, Central Air
Heat Source Natural Gas
Exterior
Pool No
Waterfront no
Roof Type Asphalt
Building
Foundation Basement
Sewer Public Sewer (Sewer-Sanitary)
Water Public (Municipal)
Structure Type Frame
Others
Tax ID 0540900100
Ownership Private Owned
Acceptable Financing Cash, Other, Trade/Exchange
Listing Terms Cash, Other, Trade/Exchange
Financing Cash,Other,Trade/Exchange
Special Listing Condition Unknown/Data Share Listings
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Bought with Coldwell Banker Schmidt-522
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