35000-35008 Division Rd - Medical CONDO FOR SALE


Richmond, MI 48062
$484,900 USD
248-218-0234
35000-35008 Division Rd, Richmond, MI for Sale
$484,900 USD
Medical CONDO - FOR SALE
1/82
null | 4% Cap Rate

35000-35008 Division Rd
Richmond, MI 48062


HIGHLIGHTS

  • Fully remodeled in 2013

OVERVIEW

Prime office opportunity in Richmond! This .41-acre parcel is zoned O (Office) and includes a professional office building within the Richmond Area Professional Condo. Built in 1968 and fully remodeled in 2013 the main level offers 6 private offices, 2 conference rooms, and a luncheon area, ideal for medical, dental, legal, financial, or general professional office use. The finished lower level adds even more functional space, featuring a reception area, 6 additional offices, a full kitchen, a full bathroom with shower, and large storage. Located in growing Macomb County with convenient access to downtown Richmond and area thoroughfares. Zoning permits a variety of office and professional service uses (buyer/tenant to verify intended use with the local zoning authority). Two of the upstairs offices have leases and tenants would like to continue long term. Excellent opportunity for an owner-user or investor. NOTE: Attached building on East side is not included in this sale. This building is only 30% leased. Leases are not NNN

FOR SALE DETAILS

PRICE

$484,900 USD

PRICE/SF

$121 USD /SF

CAP RATE

4%

# OF UNITS

1

CONDO SIZE

-

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

4,000 SF

STORIES

1

BUILDING CLASS

B

YEAR BUILT

1968

SPRINKLERS

-

PARKING SPACES

60

LAND DETAILS

LAND ACRES

0.13 AC

LAND SF

5,663 SF

ZONING

Commercial

APN/PARCEL ID

07-06-02-203-001

ASK ABOUT THIS PROPERTY

Anita Beaman@properties | Christie's International Real EstateMore Info
248-218-0234

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Anita Beaman@properties | Christie's International Real EstateMore Info
248-218-0234

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