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Office/Medical Building 200 E Russell Rd 11,002 SF 29% Leased Office Building Tecumseh, MI 49286 $750,000 ($68.17/SF)
Executive Summary
5-unit medical office building with 4 available units. Current use is medical offices but could be used for massage business, chiropractic care, etc.
Financial Summary (Actual - 2025) |
Annual | Annual Per SF |
|---|---|---|
| Taxes |
$25,700
|
$2.34
|
| Operating Expenses |
$6,000
|
$0.55
|
| Total Expenses |
$31,700
|
$2.88
|
Financial Summary (Actual - 2025)
| Taxes | |
|---|---|
| Annual | $25,700 |
| Annual Per SF | $2.34 |
| Operating Expenses | |
|---|---|
| Annual | $6,000 |
| Annual Per SF | $0.55 |
| Total Expenses | |
|---|---|
| Annual | $31,700 |
| Annual Per SF | $2.88 |
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Medical
Building Size
11,002 SF
Building Class
C
Year Built
1997
Price
$750,000
Price Per SF
$68.17
Percent Leased
29%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
11,002 SF
Building FAR
0.20
Lot Size
1.27 AC
Zoning
I-1
Space Availability
- Space
- Size
- Space Use
- Build-Out
- Available
- 1st Fl-Ste A
- 4,200 SF
- Medical
- -
- Now
- 1st Fl-Ste B
- 1,500 SF
- Medical
- -
- Now
- 1st Fl-Ste D
- 1,225 SF
- Medical
- -
- Now
- 1st Fl-Ste E
- 900 SF
- Medical
- -
- Now
| Space | Size | Space Use | Build-Out | Available |
| 1st Fl-Ste A | 4,200 SF | Medical | - | Now |
| 1st Fl-Ste B | 1,500 SF | Medical | - | Now |
| 1st Fl-Ste D | 1,225 SF | Medical | - | Now |
| 1st Fl-Ste E | 900 SF | Medical | - | Now |
1st Fl-Ste A
| Size |
| 4,200 SF |
| Space Use |
| Medical |
| Build-Out |
| - |
| Available |
| Now |
1st Fl-Ste B
| Size |
| 1,500 SF |
| Space Use |
| Medical |
| Build-Out |
| - |
| Available |
| Now |
1st Fl-Ste D
| Size |
| 1,225 SF |
| Space Use |
| Medical |
| Build-Out |
| - |
| Available |
| Now |
1st Fl-Ste E
| Size |
| 900 SF |
| Space Use |
| Medical |
| Build-Out |
| - |
| Available |
| Now |
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Somewhat walkable
30/100
Exceptionally drivable
100/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | XT0-555-0272-00 | Total Assessment | $432,300 |
| Land Assessment | $0 | Annual Taxes | $25,700 ($2.34/SF) |
| Improvements Assessment | $0 | Tax Year | 2025 |
Property Taxes
Parcel Number
XT0-555-0272-00
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$432,300
Annual Taxes
$25,700 ($2.34/SF)
Tax Year
2025
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