1326 Center StIthaca, MI 48847

For Sale
$515,000

Fully Leased, High-Traffic Location

Overview

Added:
Dec 11, 2024
Days on market:
94
This exceptional investment opportunity presents a fully leased, single-story office building situated on 1.25 acres in Ithaca, Michigan. The 6,688 square foot building, constructed in 1986, boasts 126.4 feet of frontage on East Center Street, placing it within a thriving commercial area adjacent to Woodland Industrial Park. Its convenient location offers easy access to US-127, less than a mile from the highway's on/off ramp. Currently occupied at 100% occupancy by a long-term tenant, North Shore Health Services, this property provides immediate cash flow. The zoning permits both office and retail uses, offering flexibility for future development. The property's parcel number is 52-050-024-00. Annual property taxes are $5,106.28 (winter) and $5,518.74 (summer). This is a rare chance to acquire a stable, income-producing asset in a prime commercial location. The building is a single structure on a single parcel. The asking price for this turnkey investment is $515,000.

Highlights

  • $515,000 asking price for a fully leased office investment property.
  • 6,688 square foot building on 1.25 acres, situated in a busy commercial corridor near Woodland Industrial Park.
  • 100% occupancy with a long-term tenant, North Shore Health Services.
  • Located in Ithaca, MI, with excellent access to US-127.
  • Zoned for office and retail use, featuring 126.4 feet of frontage on Center Street.
  • Single-story, 1986-built building with APN 52-050-024-00.

Property Details for 1326 Center St

Property type
Other retail properties, Other office properties
Square Feet
6,688 SF
Year Built
1986
Buildings
1
Stories
1

Location Insight

City
Ithaca
County
Gratiot
State
Michigan
Latitude
43.2912843
Longitude
-84.5874728
1326 Center St, Ithaca, Michigan

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1326 Center St
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