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The Fred L. Coleman Buildling 3390 N State Rd 12,000 SF 100% Leased Office Building Davison, MI 48423 $1,900,000 ($158.33/SF)
EXECUTIVE SUMMARY
Investment opportunity! 10+ Acres! Room for more developments! This fully leased multi-unit property offers immediate rental income with long-term tenant stability. A brand new roof was just installed in April 2025, and the rooftop HVAC units have been maintained regularly to ensure ongoing efficiency and reliability. Each unit is currently under lease: Unit A through August 1, 2027, Unit B through March 1, 2027, Unit C through May 1, 2026, and Unit D through April 27, 2026. Recent updates include a new hot water heater installed in Unit D in April 2025. This well-maintained property is a turnkey addition to any investment portfolio.
PROPERTY FACTS
Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
12,000 SF
Building Class
B
Year Built
2003
Price
$1,900,000
Price Per SF
$158.33
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
12,000 SF
Building FAR
0.03
Lot Size
10.11 AC
Zoning
Commercial - Commercial Zoned Property
Parking
55 Spaces (4.58 Spaces per 1,000 SF Leased)
AMENITIES
- Bus Line
- Signage
- Air Conditioning
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PROPERTY TAXES
| Parcel Number | 16-34-100-012 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $380,600 |
PROPERTY TAXES
Parcel Number
16-34-100-012
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$380,600
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The Fred L. Coleman Buildling | 3390 N State Rd
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