721 Otsego AveGaylord, MI 49735

This exceptional investment opportunity presents a 2,300 square foot commercial/retail space ideally situated in Gaylord, Michigan, at 721 S Otsego Avenue. The property boasts a strong, long-term tenant with a proven track record of success and a lease extending through Spring 2026, ensuring immediate cash flow for the new owner. Adding to its versatility, the property includes a 936 square foot, one-bedroom, one-bathroom apartment, offering potential for owner-occupancy or additional rental income. The building's prime location in Gaylord makes it an attractive proposition for a variety of businesses. This is a freehold offering, presenting a rare chance to acquire a well-established, income-generating property in a desirable market. The substantial size of the retail space, coupled with the added benefit of the residential apartment, makes this an exceptionally attractive investment for those seeking a diversified portfolio or a hands-off income stream. The current lease provides stability and predictability, minimizing risk and maximizing return. This property is being offered as real estate only. Serious inquiries are encouraged to explore this lucrative opportunity further. The property is located on a 0-acre lot. The asking price is $309,900.