108 S Mill Street

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108 S Mill Street

Marion, MI 49665
Asking Price
Contact for price
Asset Type
Traditional Office Office
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Traditional office building located in Marion, Michigan.
  • Property features 2,025 square feet of usable space.
  • Situated centrally on South Mill Street for accessibility.
  • Versatile floor plan accommodates various administrative business uses.
  • Located within the established downtown area of Marion.

What's Special

Marion serves as a central hub within Osceola County, providing a quiet, accessible environment for professional operations in Northern Michigan. This 2,025-square-foot traditional office space at 108 S Mill Street is positioned to serve local businesses and service providers looking for a functional footprint in the downtown area. The property offers a straightforward layout suitable for professional services, medical administrative support, or boutique consultancy firms. Its presence in the heart of Marion places it near established local infrastructure, allowing for consistent connectivity with the surrounding community. Investors and owner-occupants alike will find the scale of this facility practical for a variety of small-to-medium administrative requirements. As the regional economy continues to prioritize local service hubs, this site remains a viable choice for businesses seeking an identifiable presence in a stable, well-traveled submarket.

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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547

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