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549 Seminole Rd
Muskegon, MI 49444 Norton Shores

$138,500 USD

Medical Condo For Sale  •  1,084 SF

Property Details

  • Property Type Medical
  • Total Building Size 6,300 SF
  • Lot Size 3 AC
  • Building Class B
  • Year Built 2005
  • Cap Rate 6.86 %
  • Tenancy Multiple
  • Zoning Prof Office B
0 Transit Score
44 Walk Score

1 Unit Available

Name Condo Use Size Price Details
1st Floor - Unit 103 Medical Office 1,084 SF $138,500 USD
  • Unit Size: 1,084 SF
  • Condo Use: Medical Office
  • Price: $138,500 USD
  • Sale Type: Investment
  • Price/SF: $127.77 USD
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.

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.

Financial Summary

Cap Rate: 6.86 %
Total Expenses: $0 USD

Major Tenants

Tenant SF Occupied Lease End Date
Alzheimers Disease & Rltd Disordors 1,084 SF 12/30/2026

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 131
Type: Surface
Included in Rent: Yes
Robert Hendrick 616-402-6427 Berkshire Hathaway Clyde Hendrick REALTORS
Robert Hendrick 616-402-6427 Berkshire Hathaway Clyde Hendrick REALTORS