673 E Cedar Avenue, Gladwin, MI 48624

About this 5,800 sq ft commercial property

Great income potential with this 3–4 unit professional office building offering approximately 5,800 square feet. Built in 1984, the Cedar Village Professional Building is located within the City of Gladwin in a high-traffic strip mall area, just down the road from Pizza Hut, Car Quest Auto, and next to the Secretary of State office and The Medicine Shop. The building is well suited for medical offices or other service-based businesses. Two units are currently rented. The rear unit, previously used as a medical office, is vacant and offers approximately 2,500 square feet. This space includes a large waiting room, multiple offices, exam rooms, and a lunch or lounge area, and 2 reception areas which would make this a great unit to share between 2 physicians. The office furniture and items owned by the seller in this unit, are included in the sale. The middle unit is leased to Beltone Hearing, consist of 1 room with access to restroom. Front unit is leased to Compass Drug Screening and includes approximately 1,000 square feet with a small waiting room, reception area, meeting rooms, and office or exam room. The building features a large common hallway and a spacious shared parking lot, which is leased and shared with three other properties. City utilities and natural gas are available. Each unit is separately metered, and utilities are paid by the tenants. A Duralast roof was installed around 2009.