7477 State RdGoodrich, MI 48438

For Sale
$975,000
Spacious Medical Building, 4.68 Acres, High ROI

Overview

Added:
Feb 3
Days on market:
72
This exceptional 3,000 square foot industrial property, situated on a generous 4.68-acre lot in Goodrich, Michigan, presents a compelling investment opportunity. Conveniently located off M-15, the building boasts excellent visibility and accessibility. Currently occupied, the property features two handicap-accessible parking lots, ensuring ample parking for tenants and visitors. The building is divided into two distinct units. The upper level, encompassing 3,339 square feet, is currently utilized as a medical doctor's office. The lower level, comprising 2,800 square feet, is also leased. The property benefits from recent significant upgrades, including a new well pump installed in 2023, a new upper-level HVAC system in 2021, and a new lower-level HVAC system in 2022, demonstrating a commitment to ongoing maintenance and operational efficiency. Tenants are responsible for their own tenant improvements, common area maintenance (TICAM). This turnkey investment offers a strong potential for immediate cash flow and long-term appreciation. The property's prime location, substantial size, and recent improvements make it an attractive proposition for discerning investors seeking a stable and profitable addition to their portfolio. Serious inquiries only.

Property Details for 7477 State Rd

Property type
Industrial properties
Square Feet
3,000 SF
Year Built
1919
Lot Size (sq. ft)
203,861 SF

Location Insight

City
Goodrich
County
Genesee
State
Michigan
Latitude
42.92134
Longitude
-83.50038
7477 State Rd, Goodrich, Michigan

FAQs

What type of property is this?
Industrial property - Spacious Medical Building, 4.68 Acres, High ROI
Where is the industrial property located?
The property is located at 7477 State Rd Goodrich, MI.
What is the asking price?
The asking price for this property is $975,000.
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7477 State Rd
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