For Sale
$625,000

1140 Gornick Ave Gaylord, MI 49735

Spacious Retail Building, Excellent Condition

Overview

Added:
Feb 3
Days on market:
84
This exceptional 7,997 square foot commercial building in Gaylord, MI, presents a lucrative investment opportunity. Situated on a 0.97-acre lot at 1140 Gornick Avenue, this property boasts a prime location and is in very good condition. Constructed in 2000, with significant renovations in 2016 and 2019, the building offers a versatile layout ideal for a variety of retail uses. The front section, encompassing approximately 5,300 square feet, features a mostly open floor plan, perfect for showcasing merchandise or creating flexible workspace. Amenities in this area include an office, laundry room, three half-bathrooms (one ADA compliant), and three shower rooms (one ADA compliant). High ceilings and abundant natural light create a bright and inviting atmosphere. The space is climate-controlled with central air conditioning, and enhanced security is provided by a video surveillance system. The furnace serving the front section is only three years old. A substantial 31 x 25.25 foot workshop is also included in this area. The rear of the building offers an additional 807 square feet of dedicated retail space, complete with display cases, storage, a half-bathroom (ADA compliant), a separate entrance, and its own workshop and office. This dual-use configuration provides exceptional flexibility for various business needs. Land contract terms are available: 25% down payment, 8% interest, a three-year balloon payment, and a 15-year amortization schedule resulting in a monthly payment of $4,479.62. A detailed list of items not included in the sale is available in the MLS documents.

Property Details for 1140 Gornick Ave

Property type
Retail properties
Square Feet
7,997 SF
Year Built
2000
Lot Size (sq. ft)
42,253 SF

Location Insight

City
Gaylord
County
Otsego
State
Michigan
Latitude
45.01499
Longitude
-84.68134

FAQs

What type of property is this?
Retail property - Spacious Retail Building, Excellent Condition
Where is the retail property located?
The property is located at 1140 Gornick Ave Gaylord, MI.
What is the asking price?
The asking price for this property is $625,000.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
1140 Gornick Ave
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message