8275 N 32nd Street

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8275 N 32nd Street

Richland, MI 49083
Asking Price
$399K
Asset Type
Office
Class
Class B

What's Special

8275 N 32nd Street is situated in the village of Richland, Michigan, positioned along a primary local corridor. The neighborhood is characterized by a mix of established residential pockets and local commercial services. Nearby amenities include various dining options, retail storefronts, and community parks within walking distance. The location offers direct access to M-43 and M-89, providing straightforward transportation links to the greater Kalamazoo and Battle Creek metropolitan areas. The property is well-suited for professional services, including legal, accounting, or administrative firms seeking a central local presence. Its layout and location accommodate small to mid-sized businesses looking for a satellite office or a primary headquarters within a community-focused environment. Typical tenants often include healthcare consultants, insurance agencies, or local non-profit organizations that benefit from being integrated into the Richland business district.

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NOI
$80,000
Cap Rate
20.05%
DSCR
3.38
Strong
Cash-on-Cash
47.04%
Monthly Payment
$1,974.034
Annual Cash Flow
$56,311.588

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