1140 Gornick AveGaylord, MI 49735

Property Details for 1140 Gornick Ave

Property type

Commercial real estate

APN

103-130-000-145-16

APU

10313000014516

Description

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.

Location Insight

City

Gaylord

County

Otsego

State

Michigan

Latitude

45.015

Longitude

-84.6818

Property Tax & Assessments

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