314 EASTMAN AVE

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314 EASTMAN AVE

MIDLAND, MI 48640-4209
Asking Price
$845K
Cap Rate
6.8%
Asset Type
Executive Office Retail
Class
Class B

AI Property Summary

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

  • Retail building classified as executive office space
  • Offered for sale at eight hundred forty-five thousand dollars
  • Current asset demonstrates a six point eight percent capitalization rate
  • Located on Eastman Avenue in Midland Michigan
  • Suitable site for corporate offices or professional service firms

What's Special

Midland, Michigan, serves as a significant economic hub in the Great Lakes Bay Region, home to a stable corporate presence and a diverse workforce. This retail property at 314 Eastman Ave presents a functional executive office space within an established commercial corridor. The layout supports professional services or administrative operations seeking visibility in a central business district. Businesses here benefit from proximity to local commerce and transit infrastructure that connects the city to broader regional markets. The facility provides a straightforward environment for firms requiring a refined office footprint in a reliable suburban setting. Prospective owners can leverage the existing site configuration to accommodate various service-based business models or client-facing headquarters. This asset offers a practical acquisition for investors looking to hold space in a proven Michigan market.

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NOI
$80,000
Cap Rate
9.47%
DSCR
1.59
Strong
Cash-on-Cash
11.77%
Monthly Payment
$4,180.599
Annual Cash Flow
$29,832.813

Location & Travel Times