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68385 S Main St

4,000 SF 100% Leased Office Building Richmond, MI 48062 $426,083 CAD ($107 CAD/SF) 5.57% Cap Rate

Office Space Michigan Richmond 68385 S Main St, Richmond, MI 48062

INVESTMENT HIGHLIGHTS

  • Totally Remodeled. Bright and airy layout.
  • Basement contains furnace and hot water heater, and has plenty of room for storage.
  • Handicap accessible.
  • Additional storage building on property.

EXECUTIVE SUMMARY

Iconic office building in downtown Richmond.
Private parking lot plus street parking.
Beautiful building and grounds.
Five offices, conference room, two half baths and two kitchenettes.
Additional storage building on property.

ATTACHMENTS

68385 Main St 011625

PROPERTY FACTS

Sale Type
Investment
Property Type
Office
Building Size
4,000 SF
Building Class
B
Year Built/Renovated
1918/2006
Price
$426,083 CAD
Price Per SF
$107 CAD
Cap Rate
5.57%
NOI
$23,722 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
1,403 SF
Slab To Slab
10’
Building FAR
0.23
Lot Size
0.40 AC
Zoning
Commercial/Office/Retail
Parking
8 Spaces (2 Spaces per 1,000 SF Leased)

AMENITIES

  • Signage
  • Air Conditioning
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PROPERTY TAXES

Parcel Number 07-06-01-154-020 Improvements Assessment $0 CAD
Land Assessment $0 CAD Total Assessment $192,898 CAD

PROPERTY TAXES

Parcel Number
07-06-01-154-020
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$192,898 CAD
(586) 254-0900 x118

CONTACT

  • Listing ID: 33270628

  • Date on Market: 2024-09-23

  • Last Updated:

  • Address: 68385 S Main St, Richmond, MI 48062

The Office Property at 68385 S Main St, Richmond, MI 48062 is currently available for sale. Contact Pilot Property Group, Inc. for more information.

OFFICE PROPERTIES IN NEARBY NEIGHBORHOODS

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Kitchenette
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Conf Room
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68385 S Main St
(586) 254-0900 x 118

68385 S Main St

Kenneth Minne

(586) 254-0900

x118

(586) 254-0900 x118

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