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Listed by REMAX Bayshore - West Shore Dr TC
$195,000
Est. payment /mo
2 Baths
1,056 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Office
Listing Status Active
Purchase Type For Sale
Square Footage 1,056 sqft
Price per Sqft $184
MLS Listing ID 1942079
Year Built 1971
Lot Size 7,840 Sqft
Acres 0.18
Property Sub-Type Office
Property Description
Prime M-72 Frontage with Long-Term Tenants in Place Here's your chance to own a well-maintained, fully leased two-unit commercial property right on high-visibility M-72 in Grayling. This proven income producer is anchored by two long-term tenants - including Edward Jones, who's occupied their space for over 15 years. With steady cash flow and potential returns approaching 8% on a cash investment, this property offers both stability and upside for the right investor. Financials and lease details available upon request with a signed confidentiality agreement.
Location
State MI
Interior
Heating Forced Air, Natural Gas
Exterior
Waterfront Description Public
Roof Type Asphalt
Garage false
Building
Foundation Block, Poured Concrete
Sewer Public Sewer
Water Public
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Kyle O'Grady
Team Leader, REALTOR® | License ID: 6501407456
Team Leader, REALTOR® License ID: 6501407456