555 W WACKERLY ST

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555 W WACKERLY ST

MIDLAND, MI 48640-4710
Asking Price
$475K
Asset Type
Traditional Office Office
Class
Class B

AI Property Summary

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

  • The medical office condo is listed for sale at $475,000.
  • Located on the second floor of the Wackerly Building in Midland.
  • Property address is 555 W Wackerly St within the 48640 zip code.
  • This asset is classified as a traditional office condo unit.
  • Midland serves as an established economic hub in the region.

What's Special

Priced at $475,000, this traditional office condo occupies the second floor of the Wackerly Building. Situated at 555 W Wackerly St in Midland, Michigan, the unit functions as a medical condo space. This asset provides a professional environment suitable for healthcare providers or administrative practices requiring specialized facility configurations within the local medical corridor. Midland maintains a stable economic base, supported by a strong foundation in chemical and technological industries, which provides a consistent demand for high-quality professional office space throughout the region. The layout caters to practitioners looking for an established office setting. Its strategic placement within the Wackerly Building allows for efficient access to major thoroughfares in the Midland submarket. Investors and medical professionals alike will find the property well-positioned for immediate occupancy or long-term portfolio growth in a community known for its educated workforce and suburban stability.

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NOI
$80,000
Cap Rate
16.84%
DSCR
2.84
Strong
Cash-on-Cash
36.35%
Monthly Payment
$2,350.041
Annual Cash Flow
$51,799.51

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