Turn-Key Financial Institution

Office for Sale
Catylist Listing ID: 30361777
Property Subtypes: Institutional
Building Size (RSF): 2,015 SF
Gross Building Area: See Agent
Gross Land Area: 0.15 Acres
Sale Price: $399,500
Unit Price: $198.26 PSF
Property Use Type: Vacant/Owner-User
Sale Terms: Cash to Seller, Purchase Money Mortgage
Cap Rate: Undisclosed
Last Updated: 11/9/2020

Overview / Comments

Single story, solid brick office building. Turn-key for a financial institution. This space features 4 teller stations, each with safe, 1 private office, security deposit room, vault, and kitchen/break room with 2 private restrooms. There is an existing security camera system. A new asphalt roof was put on in the Fall of 2018. The flat parking lot was seal-coated in 2018 and has two drive through lanes for in-person banking and/or ATMs.

Additional Details

Nearest MSA: Owosso
County: Shiawassee
Taxing Authority: Hazelton Twp & Village of New Lothrop
Tax ID/APN: 004-60-012-001
Property Visibility: Excellent
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 2,015 SF
Roof Type: Mansard
Construction/Siding: Brick
Exterior Description: Solid brick building with new asphalt roof in fall of 2018 and flat, two drive through lanes, and blacktop parking lot.
Parking Type: Surface
Parking Description: Surface parking owned and maintained by property owner. Also, there is street parking that is maintained by the municipality.
Heat Type: Natural Gas
Heat Source: Central
Air Conditioning: Package Unit
Internet Access: Cable
Interior Description: Turn-key banking space. 4 teller stations each with safe, 1 private office. Kitchen/break room. Security deposit room. Vault.
Water Service: Municipal
Sewer Type: Municipal
Land Ownership: Private owned
Legal Description: VILLAGE OF NEW LOTHROP N 121 FT OF LOT 1, BLK 12

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 898 3,120 10,101
Median Age: 42.65 43.52 42.48
Households: 359 1,222 3,910


Photograph of Listing Agent

Michael Davidson

RE/MAX Right Choice
CPIX Member
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