$900,000
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1010 W North Down River Grayling, MI 49738
Business Opportunities
Residence
Beds
Baths
5,936
Sq. Ft.
1.5
Acre
Lot
Property Activity
Time on Site
days
Days on Market
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Great investment opportunity for this medical office building leased to Munson Hospital. Munson recently signed a 5-year renewal giving an investor the opportunity for an 8.1% cap rate. Building is in good condition with a new roof in 2022. In addition to the 5,936 SF of first floor medical space th...ere is a full basement with an additional 2,000 SF of finished space. The building sits on a lot that encompasses an entire city block from with frontage on North Down River, Rose, Erie & Vine. There is a huge parking lot and the lot is large enough to support building additional buildings.
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Source MLS
MiRealSource
Originating MLS
Aspire North REALTORS
MLS#
80047498
Property Type
Business Opportunities
Year Built
1971
Square Feet
5,936
sq. ft
Lot Size
1.5
Sewer
Public Sewer
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