1850 44th ST SW, City Of Wyoming, MI 49519
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1850 44th ST SW, City Of Wyoming, MI 49519
1850 44th ST SW, City Of Wyoming, MI 49519
1850 44th ST SW, City Of Wyoming, MI 49519
1850 44th ST SW, City Of Wyoming, MI 49519
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$ 2,495,000
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1850 44th ST SW City Of Wyoming, MI 49519

2 Baths

17,460 SqFt


UPDATED:

Key Details

Property Type Commercial

Sub Type BusinessandRealEstate

Listing Status Active

Purchase Type For Sale

Square Footage 17,460 sqft

Price per Sqft $142

MLS Listing ID 65026058547

Year Built 1989

Lot Size 1.910 Acres

Acres 1.91

Property Sub-Type BusinessandRealEstate

Property Description

1850 44th St SW is a 12-suite professional office building of about 17,460 SF on 1.91 acres, set among mature trees and minutes from US-131 and M-6. It offers three ways in: buy it for the income, occupy it as an owner-user, or take over an established office operation.Investors get a largely occupied building with established financial, legal, real estate, and wellness tenants, on-site management, and income growth built in. A temporary rent concession ends 1/1/2027, and legacy-priced suites come up for renewal in 2027. Current gross leases can be kept or restructured as they renew.Owner-users can run their business from a credible, client-ready address with a professional lobby and waiting area, elevator, ample free parking, and monument signage opportunities on 44th St SW, with tenant income to help offset the cost of ownership.Owner-operators can step into a working model of fully serviced private offices. Gross rent covers utilities, internet, trash, lawn care, snow removaland shared amenities, with no CAM charges or reconciliations for tenants. The current owner-operator's lease may be available to assume, and multiple offices are available through lease takeover or negotiated buyout, subject to landlord and tenant approval.

Tenants share a break room and two full sets of restrooms, with a high-end Vietnamese coffee shop in the lobby. Recent work includes a replaced 7.5-ton rooftop HVAC system, new front doors, access control, security cameras, fire suppression upgrades, and building network infrastructure. Rent roll, financials, and leases available with a signed NDA. Listing agent is an owner, a licensed real estate agent, and a tenant, and the listing brokerage leases space in the building.

Location

State MI

County Kent

Area Area41171Wyoming

Rooms

Basement Common Storage Locker, Full

Interior

Heating Electric, Natural Gas, None

Fireplace No

Exterior

Utilities Available None, PhoneAvailable

View Y/N No

Roof Type Composition

Building

Foundation Basement

Sewer Public Sewer, Storm Drain

Water Public

New Construction No

Schools

School District Wyoming

Others

Ownership LLC

Acceptable Financing Assumable, Cash, Conventional, Lease

Listing Terms Assumable, Cash, Conventional, Lease

Special Listing Condition AgentOwned


Realcomp MLS
Listed by Ryan M Prichard of Glover Agency
Mike Layne

Mike Layne

Agent License ID: 427271

+1(248) 298-6825

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1850 44th ST SW