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58540 Van Dyke Avenue
Washington, MI 48094
Asking Price
$975K
Asset Type
Traditional Office Office
Class
Class B
What's Special
Fully Leased Office Building | 7,512 SqFt <p>100% occupied multi-tenant premier office building.</p><p>Updated building with low maintenance.</p><p>Land contract available.</p><p>15 parking spaces, plus extra parking agreement in place provides an additional 60 spaces.</p><p>All new building mechanical systems:</p><ul><li>Roof replaced in 2020</li><li>New asphalt parking lot in 2023, resealed in 2026.</li><li>High efficiency HVAC including 12 rooftop units replaced in 2022.</li><li>New boiler in 2020 for heated sidewalks/walkwa
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NOI
$80,000
Cap Rate
8.21%
DSCR
1.38
Strong
Cash-on-Cash
7.56%
Monthly Payment
$4,823.768
Annual Cash Flow
$22,114.784
