5265 Pierson RdFlushing, MI 48433

For Sale
$400,000
Multi-unit medical office, value-add opportunity.

Overview

Added:
Dec 11, 2024
Days on market:
126
This exceptional investment opportunity presents a two-building, multi-unit medical office complex located at 5245 and 5265 W Pierson Rd, Flushing, MI 48433. The property, totaling 3,200 square feet, boasts a Class B designation and sits on a commercially zoned lot. Built in 1980, the two-story complex features five units with 61% occupancy. The asking price is $400,000, translating to $125 per square foot. One unit, approximately 1080 square feet, is ideally suited for a doctor's office, complete with eight rooms, a reception area, a waiting room, and three bathrooms. Another unit, approximately 800 square feet, is currently leased for $675 per month and includes multiple offices and a private bathroom. The property benefits from convenient access to US-75 and nearby businesses, and features prominent monument street signage. This is a modified lease, multi-tenancy property offering a compelling value-add investment opportunity in a thriving Michigan market. The property is privately owned.

Highlights

  • Two-building, 3,200 SF medical office complex in Flushing, MI.
  • Class B property on commercially zoned lot, built in 1980.
  • Five units, 61% occupancy, asking price $400,000 ($125/SF).
  • One 1,080 SF unit ideal for doctor's office (8 rooms, reception, waiting room, 3 baths).
  • One 800 SF unit leased at $675/month.
  • Convenient US-75 access, prominent signage.

Property Details for 5265 Pierson Rd

Property type
Office properties, Medical offices
Square Feet
3,200 SF
Class
B
Year Built
1980
Buildings
2
Stories
2
Units
5

Location Insight

City
Flushing
County
Genesee
State
Michigan
Latitude
43.0598817
Longitude
-83.7825207
5265 Pierson Rd, Flushing, Michigan

FAQs

What type of property is this?
Office property - Multi-unit medical office, value-add opportunity.
Where is the office property located?
The property is located at 5265 Pierson Rd Flushing, MI.
What is the asking price?
The asking price for this property is $400,000.
What are key features of this property?
This property features: Two-building, 3,200 SF medical office complex in Flushing, MI.; Class B property on commercially zoned lot, built in 1980.; Five units, 61% occupancy, asking price $400,000 ($125/SF).
How can I contact the broker?
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5265 Pierson Rd
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