719 W. Main St.

Retail-Commercial for Sale
Catylist Listing ID: 30580979
Property Subtypes: Free-Standing Building
Building Size (RSF): 1,704 SF
Gross Building Area: See Agent
Gross Land Area: 0.45 Acres
Sale Price: $425,000
Unit Price: $249.41 PSF
In Opportunity Zone? Yes
Property Use Type: Net Leased Investment (NNN), Investment
Sale Terms: Cash to Seller, Other
Cap Rate: Undisclosed
Last Updated: 10/27/2021

Overview / Comments

A prime, two-parcel opportunity of commercial property with 331’ of frontage located on M-32, a main through-fare in Gaylord, MI. A former restaurant with an adjacent lot for potential parking, the property is conveniently located in proximity to I-75 and is an attractive destination for both Northern Michigan vacation travelers and weekend sports enthusiasts year-round. Located at the crossroads traffic off of I-75 and M-32 with great accessibility and visibility.

Additional Details

Nearest MSA: Traverse City
County: Otsego
Taxing Authority: Otsego County
Tax ID/APN: 101-104-000-130-01
Tenancy: Single Tenant

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 3,783 6,517 11,775
Median Age: 38.13 39.74 40.62
Households: 1,499 2,670 4,722

Contact

Photograph of Listing Agent

Shawn H. O'Brien, CCIM

Colliers Lansing
CPIX Member
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