1850 44th Street SW, Wyoming, MI 49519

$2,495,000
2
BA

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List Price
$2,495,000
Days on Market
1
MLS#
26058547
Status
ACTIVE
Type
Commercial
Bathrooms
2
Full-baths
2

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 removal and 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
Acres
1.91
Heating
None
Roofing
Composition
School District
Wyoming
Tenant Pays
Common Area Maintenance
Total Parking Spaces
75
Utilities
None, Electricity Available, Natural Gas Available, Storm Sewer, Phone Available
Water
Public Water, None

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Calculator source: Real Geeks

Listing courtesy of Listing Agent: Ryan M Prichard from Listing Office: Glover Agency.

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