1326 E Center St
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1326 E Center St
6,688 SF 100% Leased Office Building Ithaca, MI 48847 £422,894 (£63/SF) 9.01% Net Initial Yield
Executive Summary
1.25 Acres / 6,688 SF Building Available
126.4’ frontage on Center Street
Located in the busy and growing commercial corridor adjacent to Woodland Industrial Park
Zoning allows for office and retail use
Excellent location less than one mile west of US-127 on/off ramp
Currently occupied by long-term tenant, North Shore Health Services
2023 Taxes
Winter: $5,106.28
Summer: $5,518.74
* Listing Broker has minority ownership interest in the property.
126.4’ frontage on Center Street
Located in the busy and growing commercial corridor adjacent to Woodland Industrial Park
Zoning allows for office and retail use
Excellent location less than one mile west of US-127 on/off ramp
Currently occupied by long-term tenant, North Shore Health Services
2023 Taxes
Winter: $5,106.28
Summer: $5,518.74
* Listing Broker has minority ownership interest in the property.
Property Facts
Sale Type
Investment NNN
Property Type
Building Size
6,688 SF
Building Class
B
Year Built
1986
Price
£422,894
Price Per SF
£63
Net Initial Yield
9.01%
NOI
£38,116
Percent Leased
100%
Tenancy
Multiple
Number of Floors
1
Typical Floor Size
6,688 SF
Amenities
- Signage
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PROPERTY TAXES
Parcel Number | 52-050-024-00 | Improvements Assessment | £0 |
Land Assessment | £0 | Total Assessment | £180,982 |
PROPERTY TAXES
Parcel Number
52-050-024-00
Land Assessment
£0
Improvements Assessment
£0
Total Assessment
£180,982
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1326 E Center St
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