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1326 E Center St

6,688 SF 100% Leased Office Building Ithaca, MI 48847 $515,000 ($77/SF) 9.01% Cap Rate

Office Space Michigan Ithaca 1326 E Center St, Ithaca, MI 48847

Executive Summary

1.25 Acres / 6,688 SF Building Available
126.4’ frontage on Center Street
Located in the busy and growing commercial corridor adjacent to Woodland Industrial Park
Zoning allows for office and retail use
Excellent location less than one mile west of US-127 on/off ramp
Currently occupied by long-term tenant, North Shore Health Services
2023 Taxes
Winter: $5,106.28
Summer: $5,518.74
* Listing Broker has minority ownership interest in the property.

Attachments

Center Street 1326

Property Facts

Sale Type
Investment NNN
Property Type
Office
Building Size
6,688 SF
Building Class
B
Year Built
1986
Price
$515,000
Price Per SF
$77
Cap Rate
9.01%
NOI
$46,418
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
6,688 SF

Amenities

  • Signage
1 of 1

PROPERTY TAXES

Parcel Number 52-050-024-00 Improvements Assessment $0
Land Assessment $0 Total Assessment $220,400

PROPERTY TAXES

Parcel Number
52-050-024-00
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$220,400
(517) 303-5554

Contacts

  • Listing ID: 33703871

  • Date on Market: 10/31/2024

  • Last Updated:

  • Address: 1326 E Center St, Ithaca, MI 48847

More public record information on 1326 E Center St, Ithaca, MI 48847

The Office Property at 1326 E Center St, Ithaca, MI 48847 is currently available for sale. Contact Colliers for more information.

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1326 E Center St
(517) 303-5554 x

1326 E Center St

1/3

Shawn O'Brien

(517) 303-5554

(517) 303-5554

Julie O'Brien

(616) 774-3500

(616) 774-3500

Burm Kim

(517) 512-7407

(517) 512-7407

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