For Sale
$625,000

1140 Gornick Ave Gaylord, MI 49735

7,997 SF Commercial Building, 1.1 Acres

Overview

Added:
Dec 11, 2024
Days on market:
127
This exceptional 7,997 square foot commercial building, situated on a 1.1-acre lot in Gaylord, Michigan, presents a unique investment opportunity. Built in 2000 and extensively renovated in 2016 and 2019, the property boasts a versatile layout. The front section, approximately 5,300 square feet, features mostly open space ideal for various uses, complemented by 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 welcoming atmosphere. Central air conditioning and video surveillance systems enhance functionality. A newer furnace (installed within the last three years) serves the front section. A substantial 31x25.25 foot workshop provides ample space for storage or specialized operations. The rear of the building is configured for retail, encompassing an 807 square foot display/sales area, display cases, storage, a half-bathroom (ADA compliant), a separate entrance, its own workshop, and an office. The property is zoned C-2. Land contract terms are available: 25% down payment, 8% interest, a three-year balloon payment, and a 15-year amortization schedule resulting in a $4,479.62 monthly payment. A detailed list of items not included in the sale is available in the MLS documents. The address is 1140 Gornick Avenue, Gaylord, MI 49735.

Highlights

  • $625,000 asking price for a 7,997 SF commercial property.
  • 1.1-acre lot in Gaylord, MI, with C-2 zoning.
  • Single-story, 7,997 SF building constructed in 2000, renovated in 2016 and 2019.
  • Features include a large open space, multiple bathrooms and shower rooms (including ADA-compliant options), high ceilings, natural light, central air conditioning, and video surveillance.
  • Includes a separate retail space with display area, storage, and office. Also features a large workshop.
  • Broker co-op available.

Property Details for 1140 Gornick Ave

Property type
Specialty properties, Land
Square Feet
7,997 SF
Year Built/Renovated
2000/2016
Buildings
1
Stories
1
Lot Size (sq. ft)
47,916 SF

Location Insight

City
Gaylord
County
Otsego
State
Michigan
Latitude
45.0149938
Longitude
-84.6814184
1140 Gornick Ave, Gaylord, Michigan

FAQs

What type of property is this?
Specialty property - 7,997 SF Commercial Building, 1.1 Acres
Where is the specialty 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.
What are key features of this property?
This property features: $625,000 asking price for a 7,997 SF commercial property.; 1.1-acre lot in Gaylord, MI, with C-2 zoning.; Single-story, 7,997 SF building constructed in 2000, renovated in 2016 and 2019.
How can I contact the broker?
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1140 Gornick Ave
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