108 W Higham St - Medical FOR SALE


Saint Johns, MI 48879
$825,000 USD
517-749-1390
108 W Higham St, Saint Johns, MI for Sale
$825,000 USD
Medical - FOR SALE
1/13
null | 8.85% Cap Rate

108 W Higham St
Saint Johns, MI 48879


HIGHLIGHTS

  • 18,000+ sq. ft. multi-suite professional and medical building in downtown St. Johns.
  • Projected annual gross rental income exceeding $200,000 with multi-tenant layout flexibility.
  • Steps from cafés, retail, and municipal services in a pedestrian-friendly environment.
  • Existing infrastructure suitable for office, medical, or service-based uses; immediate occupancy potential.
  • Attractive investment or redevelopment opportunity in a well-established Michigan downtown district.

OVERVIEW

This downtown St. Johns asset offers an exceptional opportunity for investors, developers, and owner-users seeking a prominent location in a walkable, thriving community. The property includes a well-maintained medical and professional building totaling over 18,000 square feet, designed to accommodate multiple tenants with existing suites and flexible layouts. Current configurations and infrastructure support professional offices and healthcare-related uses, with strong income-producing capability and potential for gross rental revenue exceeding $200,000 annually. Located steps from dining, shopping, and essential community amenities, the property combines small-town appeal with steady commercial demand. Capitalize on the growing interest in mixed-use downtown environments, or consider a redevelopment strategy to align with evolving business trends. With its size, condition, and strategic placement in the heart of St. Johns, this property is a rare find for Michigan investors seeking both stability and upside.

FOR SALE DETAILS

PRICE

$825,000 USD

PRICE/SF

$44 USD /SF

CAP RATE

8.85%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

1900

SPRINKLERS

-

PARKING SPACES

20

LAND DETAILS

LAND ACRES

0.43 AC

LAND SF

18,800 SF

ZONING

CBD

APN/PARCEL ID

300-000-003-010-01

ASK ABOUT THIS PROPERTY

James SheldonCentury 21 AffiliatedMore Info
517-749-1390

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James SheldonCentury 21 AffiliatedMore Info
517-749-1390

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.