Property Attributes
- MLS#50218349
- TypeCommercial
- Listing Status Active
- CountyMIDLAND
- CityMidland
- AreaMidland
- NeighborhoodMidland
- Zip48642
- StyleCommercial/Industrial
- Year Built1990
- Taxes$ 34564
- Price$ 1,900,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage9948
- Lot Size0.99 Acres
Data Source:
MiRealSource (MIRS)
Property Description
Located in the heart of Midland, this is an incredible investment opportunity with immediate cash flow, strong upside, and highly motivated sellers willing to offer a deal they otherwise wouldn’t due to their desire to scale after Shark Tank. This fully leased building offers just under 10,000 SF with a secured 3-year tenant in place, providing stability and dependable income from day one. Positioned at around an 8% cap rate, this property presents a rare opportunity for investors seeking strong returns and long-term value—including an estimated $500,000 return on investment within the first three years. Since 2019, the building has undergone over $750,000 in improvements, including full LED lighting upgrades, fiber internet infrastructure, white high-grade epoxy flooring, rubber composite stair flooring, a modernized reception area with electronic displays, a renovated 1,500 SF premium suite, updated shared kitchen and café-style common areas, resurfaced parking lot, upgraded gutter and waterproofing systems, stylish exterior lighting, and an elevator brought fully to code with a hands-free emergency phone. The flexible layout is ideal for office, medical, or creative professional use, making it a standout asset for investors looking for immediate performance and future appreciation. Sale includes real estate only—no business attached.
| Price History | |
|---|---|
| 8/13/2026 | Listed $1,900,000 |
General Features
| Heating | Forced Air |
|---|---|
| Cooling | Central A/C,HVAC |
| Roof | Rubber |
| Water | Public Water |
| Status | Active |
| Year Built | 1990 |
| Parking | 21+ Spaces |
| County | Midland |
| Class | COM/IND/BUS OPP |
| Type | Commercial/Industrial |
| Ownership | LLC |
| Status | Active |
| Zoning | Commercial |
| Subdivision | MI |
| Sale/Rent | For Sale |
| Commercial Features | Meeting Rooms,Occupied,Reception Area,Restroom(s),Sidewalks,Fiber Optic Internet |
| Subj to Short Sale Apprvl | No |
| Area | Midland (56020) |
| Primary City | Midland |
| City | Midland |
| Lease Y/N | No |
| Originating MLS | Saginaw Board of REALTORS |
| Source MLS | MI Real Source |
| Financial Terms | Cash,Commercial Loan,Conventional |
| Legal Description | BEG 607.5 FT N 0 DEG 35 MIN 39 SEC E AND 297.5 FT N 89 DEG 24 MIN 21 SEC W OF CEN OF SEC 15,TH N 89 DEG 24 MIN 21 SEC W130.98 FT,N 38 DEG 42 MIN 47 SEC W 242.33 FT |
| DOM | 36 |
| Postal Code | 48642 |
| Price Per Sq Ft Total AG | 190.99 |
| BUSINESS TYPE | Educational,Office |
| Internet Remarks | Listing Agent: Brooke Bickerstaff Broker: Keller Williams Preferred: Located in the heart of Midland,this is an incredible investment opportunity with immediate cash flow,strong upside |
| Public Remarks | Located in the heart of Midland,this is an incredible investment opportunity with immediate cash flow,strong upside |
Interior Features
| Basement Y/N | Yes |
|---|---|
| Fuel Type | Natural Gas |
Exterior Features
| Exterior Amenities | Deck/Patio,Lawn Sprinkler,Security Lighting |
|---|---|
| Lot Size Area | 0.99 |
| Lot Dimensions | irregular |
| SEWER SEPTIC | Public Sanitary |
| FOUNDATION TYPE | Basement |
| Waterfront Y/N | No |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
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Bay County REALTOR® Association All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested
Midland Board of REALTORS® All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested