Office Building - Downtown Mt. Pleasant
Office
for Sale
Sale Pending/Contingent
Catylist Listing ID: |
30556388 |
Property Subtypes: |
Office Building
|
Status: |
Pending/Contingent |
Building Size (RSF): |
2,518 SF
|
Gross Building Area: |
See Agent |
Gross Land Area: |
0.07 Acres
|
Sale Price: |
$180,000 |
Unit Price: |
$71.49 PSF |
In Opportunity Zone? |
Yes |
Property Use Type: |
Business |
Building Name: |
None |
Sale Terms: |
Cash to Seller |
Cap Rate: |
Undisclosed |
Last Updated: |
3/9/2021 |
Overview / Comments
Turn-key updated ADA office building located in downtown Mt. Pleasant. Oak library paneling and trim set the stage for this professional space and the 5-private offices, separate waiting and reception areas, conference room, kitchen, and 3-bathrooms. Basement with storage space. Recent updates include a membrane roof and LED lighting throughout the spaces.
Virtual Tour.
https://my.matterport.com/show/?m=zEKH72n7MNM
|
Financials
Finance Data Year |
2019 |
Real Estate Taxes - Annual($) |
$5,052 (Annual) |
Tax Value Land |
$75,002 |
Potential Rental Income |
$31,200 (Annual) |
Gross Operating Income |
$25,200 (Annual) |
Actual or Proforma Year |
Actual |
Current Tenants
Tenant Business Name |
MMH Counseling Services |
Is Renting? |
Yes |
SF of Space Occupied |
126 SF |
Lease Expiration |
12/2020 |
Tenant Business Name |
Tracey Galgoci Counseling PLLC |
Is Renting? |
Yes |
SF of Space Occupied |
154 SF |
Tenant Business Name |
T. Sherlock Counseling |
Is Renting? |
Yes |
SF of Space Occupied |
126 SF |
Lease Expiration |
5/2020 |
Tenant Business Name |
Laurie Potie Counseling, LCSW, LLC |
Is Renting? |
Yes |
SF of Space Occupied |
108 SF |
Additional Details
Nearest MSA: |
Mount Pleasant |
County: |
Isabella |
Taxing Authority: |
City of Mt. Pleasant |
Tax ID/APN: |
17-000-00-211-00 |
Property Located Between: |
Main Street & Pine Street |
Site Description: |
Building has good visibility with moderate foot traffic. |
Area Description: |
Broadway Street is a main commercial street in Mt. Pleasant. Surrounding business are retail, restaurant, and medical offices. This property is located across the street from the city offices. |
Total Number of Buildings: |
1 |
Number of Stories: |
1 |
Typical SF / Floor: |
2,518 SF |
Year Built: |
1960 |
Parking Description: |
Street and city lots. |
Sprinklers: |
None |
Heat Type: |
Natural Gas |
Heat Source: |
Central |
Internet Access: |
Cable |
Interior Description: |
Turn-key updated office building located in downtown Mt. Pleasant. Oak library paneling and trim set the stage for this professional space and the 5-private offices, separate waiting and reception areas, conference room, kitchen, and 3-bathrooms. Basement with storage space. Recent updates include a membrane roof and LED lighting throughout the space.
|
Zoning Description: |
Commercial |
Lot Frontage: |
40 |
Lot Depth: |
77 |
Water Service: |
Municipal |
Sewer Type: |
Municipal |
Land Ownership: |
LLC |
Legal Description: |
PART OF LOTS 6 & 7, BLK 15 ORIGINAL PLAT, BEG AT INTER. OF VAC ALLEY & S ROW LINE BROADWAY ST, TH S 76.75 FT ALONG CENTERLINE OF ALLEY, TH W 40.91 FT, TH N 78.85 FT ALONG PARTY WALL & WALL EXTENDEDTH ELY 40.66 FT ALONG S ROW LINE BROADWAY ST TO POB. --TIF |
Demographic Statistics
Proximity: |
1 mile |
3 miles |
5 miles |
Total Population: |
9,546 |
39,385 |
41,122 |
Median Age: |
24.9 |
26.58 |
27.36 |
Households: |
3,318 |
13,808 |
14,461 |
© Copyright 2001-2020 Catylist. All Rights Reserved.
The information presented herein is provided as is, without warranty of any kind.
Neither Commercial Property Information Exchange (CPIX) nor
Catylist Real Estate Software, Inc. assume any liability for errors or omissions.
|