1821 Austin St

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1821 Austin St

midland, MI 48642
Asking Rate
Contact for rate
Asset Type
Office
Class
Class B

What's Special

1821 Austin Street is situated in a mixed-use commercial and residential district in Midland, Michigan, just south of the main downtown corridor. The property is located near Washington Street, a primary local connector providing direct access to U.S. Business Route 10. The neighborhood features a mix of established professional services, retail centers, and residential blocks. Nearby local amenities include various dining options, financial institutions, and the East Ashman Street commercial area, offering essential services within a short drive for employees and visitors. The building is suited for professional office use, catering to sectors such as legal services, accounting, medical administration, or regional sales offices. The layout and location support operations for small to mid-sized firms seeking a central Midland presence with accessible parking. Typical tenants would include local business owners or service providers who require a quiet, professional environment with proximity to both the city center and major regional transit routes.

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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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