350 N Main St - Office FOR SALE


Chelsea, MI 48118
$4,950,000 USD
734-994-3100
350 N Main St, Chelsea, MI for Sale
$4,950,000 USD
Office - FOR SALE
1/5
null | Request Cap Rate

350 N Main St
Chelsea, MI 48118


OVERVIEW

The Commons Building offers ±31,321 SF of mixed-use space anchored by a diverse mix of long-term tenants including Los Tres Amigos Restaurant, Chelsea Community Hospital, Step Ahead Podiatry, and Chelsea Hearth & Fireplace. Originally built in 1907 and thoughtfully renovated in 2006, the property combines historic charm with modern functionality, featuring a common area with soaring ceilings, and abundant natural light, with ample parking and an additional entrance opening to a central courtyard that creates a welcoming neighborhood atmosphere. 100% occupancy, 10 total units. Additional information available with an executed confidentiality agreement.

FOR SALE DETAILS

PRICE

$4,950,000 USD

PRICE/SF

$157 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Clocktower Commons

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

1907

SPRINKLERS

-

PARKING SPACES

30

LAND DETAILS

LAND ACRES

1 AC

LAND SF

43,560 SF

ZONING

C5, CBD

APN/PARCEL ID

06-12-111-006

ASK ABOUT THIS PROPERTY

Jim ChaconasColliers InternationalMore Info
734-994-3100

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Jim ChaconasColliers InternationalMore Info
734-994-3100

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