11670 Martin RdWarren, MI 48093

For Sale
$429,000

6,000 SF Medical Office, Owner/User Opportunity

Overview

Added:
Dec 11, 2024
Days on market:
94
This exceptional 6,000 square foot medical office building in Warren, Michigan, presents a compelling owner-user opportunity. Located at 11670 Martin Road, this single-story, Class C building boasts two units currently configured for medical practices. The property sits on a 0.681-acre lot and features prominent road signage, ensuring high visibility. Currently, 75% of the building is occupied by the seller, while the remaining 25% is leased to a dentist on a month-to-month basis, providing immediate income potential. The building was constructed in 1976 and benefits from its convenient location near Ascension Macomb Hospital and easy access to I-696. A significant improvement is planned: a new parking lot is scheduled for completion in May 2024. The property is zoned for office use and has a listed asking price of $429,000. This presents a rare chance to acquire a well-situated medical office building with potential for immediate occupancy and future growth. The property's APN is 12-13-14-301-114. This is a 50% occupied property with significant upside potential for the right buyer.

Highlights

  • Two-unit medical office building; seller occupies 75%, dentist occupies 25% on a month-to-month lease.
  • Owner-user opportunity available.
  • Excellent location near Ascension Macomb Hospital.
  • Convenient access to I-696.
  • On-site road signage.
  • New parking lot slated for completion May 2024.

Property Details for 11670 Martin Rd

Property type
Other office properties, Medical offices
Square Feet
6,000 SF
Class
C
Year Built
1976
Buildings
1
Stories
1
Lot Size (sq. ft)
29,664 SF
Units
2

Location Insight

City
Warren
County
Macomb
State
Michigan
Latitude
42.499969962422
Longitude
-83.004914504671
11670 Martin Rd, Warren, Michigan

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11670 Martin Rd
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