4,500 SF Well Maintained Office Building

Office for Sale
Catylist Listing ID: 30040957
Property Subtypes: Office Building
Building Size (RSF): 4,500 SF
Gross Land Area: 1.29 Acres
Sale Price: $575,000
Unit Price: $127.78 PSF
Property Use Type: Vacant/Owner-User
Building Name: Spectrum Centre
Sale Terms: Cash to Seller, Purchase Money Mortgage
Cap Rate: Undisclosed
Last Updated: 11/15/2017

Overview / Comments

This is a nice, well maintained office building, constructed as a tri-level building and contains small suites ranging from single rooms up to 824 sq. ft. Ideal building for an owner/occupant/lessor seeking income, or income in addition to a home for a business. Local Business (LB) zoning permits a number of uses including office, medical, personal service, etc.... Easy access location - 1/4 mile to Green Oak's Village Mall and US 23 & Lee Road interchange (Exit 58) with easy interchange to I-96 being one mile north. Tenants are typically month to month or short term leases.

Shown by Broker appointment only..... do not disturb tenants.

Additional Details

Nearest MSA: Detroit-Warren-Dearborn
County: Livingston
Submarket/Township: Howell/Brighton Area
Tax ID/APN: 4716-08-200-038
Zoning: OFFICE
Property Located Between: Green Oak Maill - US 23 (Exit 58) & Lee Road
Area Description: US-23 & Rickett Rd.
Total Number of Buildings: 1
Number of Stories: 3
Year Built: 1987
Construction/Siding: Wood Frame
Exterior Description: Vinyl and Brick Siding
Parking Type: Surface
Parking Description: Two Handicapped Parking Spaces
Total Parking Spaces: 20
Sprinklers: Other
Heat Type: Natural Gas
Heat Source: Central
Zoning Description: Local Business (LB)
Water Service: Well
Sewer Type: Septic

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 1,084 27,482 64,119
Median Age: 35.3 43.31 43.36
Households: 406 11,031 24,879


Photograph of Listing Agent

John Dinsmore

Lee & Associates of Michigan
Not a member of CPIX
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