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549 Seminole Rd

1,084 SF Office/Medical Condo Unit Offered at $138,500 in Muskegon, MI 49444

INVESTMENT HIGHLIGHTS

  • Park-like setting, easy access, and good a. Annual bumps in rent of 3%
  • Attractive building is part of Seminole Woods Office Park. Open and airy, recently remodeled, ample parking, easy access off Seaway Dr.

PROPERTY FACTS

Price $138,500
Unit Size 1,084 SF
No. Units 1
Total Building Size 6,300 SF
Property Type Office (Condo)
Property Subtype Medical
Sale Type Investment
Building Class B
Floors 1
Typical Floor Size 6,300 SF
Year Built 2005
Lot Size 3.00 AC
Parking Ratio 10/1,000 SF

1 UNIT AVAILABLE

Unit 103

Unit Size 1,084 SF
Price $138,500
Price Per SF $127.77
Condo Use Office/Medical
Sale Type Investment
Cap Rate 6.86%
NOI $9,496.15
No. Parking Spaces 50
APN/Parcel ID 2776700000050
DESCRIPTION

Attractive building is part of Seminole Woods Office Park. Office condo is open & airy, recently remodeled, ample parking, easy access off Seaway Dr. Quiet location. High traffic area. Solid tenant. Annual bumps in rent.

SALE NOTES

Prime investment property. Office condo.

MAJOR TENANT INFORMATION

TENANT SF OCCUPIED LEASE END DATE
Alzheimers Disease & Rltd Disordors 1,084 SF December 2026

ZONING

Zoning Code Prof Office B
Prof Office B
  • Listing ID: 24424445

  • Date on Market: 6/3/2021

  • Last Updated:

  • Address: 549 Seminole Rd, Muskegon, MI 49444

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