1850 44th St Sw, Wyoming, MI 49519

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List Price
$2,495,000
Status
ACTIVE
Days on Market
2
MLS#
65026058547
Subtype
Commercial Sale
Year Built
1989
Bathrooms
2
Acres
1.91
MLS Area Major
41171 - Wyoming

Property Description

1850 44th St SW is a 12-suite professional office building of about 17,460 SF on 1.91 acres, set among mature trees and minutes from US-131 and M-6. It offers three ways in: buy it for the income, occupy it as an owner-user, or take over an established office operation.Investors get a largely occupied building with established financial, legal, real estate, and wellness tenants, on-site management, and income growth built in. A temporary rent concession ends 1/1/2027, and legacy-priced suites come up for renewal in 2027. Current gross leases can be kept or restructured as they renew.Owner-users can run their business from a credible, client-ready address with a professional lobby and waiting area, elevator, ample free parking, and monument signage opportunities on 44th St SW, with tenant income to help offset the cost of ownership.Owner-operators can step into a working model of fully serviced private offices. Gross rent covers utilities, internet, trash, lawn care, snow removaland shared amenities, with no CAM charges or reconciliations for tenants. The current owner-operator's lease may be available to assume, and multiple offices are available through lease takeover or negotiated buyout, subject to landlord and tenant approval. Tenants share a break room and two full sets of restrooms, with a high-end Vietnamese coffee shop in the lobby. Recent work includes a replaced 7.5-ton rooftop HVAC system, new front doors, access control, security cameras, fire suppression upgrades, and building network infrastructure. Rent roll, financials, and leases available with a signed NDA. Listing agent is an owner, a licensed real estate agent, and a tenant, and the listing brokerage leases space in the building.

Additional Information

Taxes
$36,763
Heating
Electric, Natural Gas, None
Roof
Composition
Foundation
Basement
School District
Wyoming

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Courtesy of Glover Agency 2489961100