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EXECUTIVE SUMMARY
Position your business for success with this well-maintained professional office building located on high-visibility US-31, just a short walk from the scenic Crystal Lake. The expansive site boasts 147 feet of road frontage, ensuring excellent exposure with high daily traffic counts and ample on-site parking for the convenience of both clients and staff. This unique property accommodates four separate business units, offering you the flexibility to own and operate as a landlord, or relocate your business and lease out the other three units. Whether you are looking to expand your operations or establish a new presence, this property combines accessibility, visibility, and the charm of small-town Northern Michigan.
PROPERTY FACTS
Sale Type
Investment
Property Type
Office
Building Size
2,935 SF
Building Class
C
Year Built
1976
Price
$445,000
Price Per SF
$151.62
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
2,932 SF
Building FAR
0.12
Lot Size
0.55 AC
Zoning
C-1 - Commercial-Office
Parking
23 Spaces (7.84 Spaces per 1,000 SF Leased)
AMENITIES
- Air Conditioning
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PROPERTY TAXES
| Parcel Number | 02-516-015-00 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $177,900 |
PROPERTY TAXES
Parcel Number
02-516-015-00
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$177,900
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425 N Michigan Ave
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