524 E Cedar Avenue $675,000

    Close

    524 E Cedar Avenue Gladwin, MI 48624

    • 20,000 sq. ft.
    • 1.75 Acres
    • Commercial
    • MLS# 50125307
    Favorite Share
    Views: 5 Days On Site: 199

    Go Tour This Listing

    Schedule A Showing

    Property Details

    Great opportunity for any investor. Approximate 9% cap rate on this 4 tenant plaza with long time Family Dollar as the anchor occupying 12,000 SF. Plenty of parking and great visibility. Please call for further details.

    • General Features
      • Acreage 1.75
      • Area Municipality Gladwin (26017)
      • County Gladwin
      • Originating MLS Bay County REALTOR Association
      • Ownership Partnership
      • Total SqFt Finished 20000
      • Waterfront Y/N No
      • Year Built 1989
    • Property Features
      • Water Public Water
      • Lot Size 243' x 325'
      • Sewer Septic Public Sanitary

    Contact

    Lance Dicaire

    Lance Dicaire

    Associate

    RE/MAX Select

    Direct: 810-232-5202

    Neighborhood

    48624 (Gladwin) Demographics

    50 Median Age
    46 Population Density (per sq. mile)
    25% College Educated
    $45,776 Estimated Median Income
    5,950 Estimated Total Home Owners
    869 Estimated Total Renters
    87% / 13% Estimated Owner / Renter Divide
    2 Estimated Average Household Size
    15,880 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $197,500 Median Sales Price
    19 Homes Sold
    29 New On Market

    Average Days on Site

      Properties for Sale

        Calculations provided by Reliance Network

        Property History

        Date Event Price Percent Change
        -- Current Price Source: Multiple Listing Service New Value: $675,000
        10/17/2023 1:38:00 PM New in Database Source: Multiple Listing Service New Value: $675,000

        Payment Calculator

        $0 per month
        Year Fixed, Interest
        Principal and Interest
        $0
        Property Taxes
        Homeowners' Insurance

        Home Price
        Down Payment
        * This payment calculator is intended for educational and planning purposes only.
        ** Assumes 6.5% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information.
        Information is provided in part by the IDX program of the Great Lakes Repository. All information provided is deemed reliable but is not guaranteed and should be independently verified.

        Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.