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Jenn Smart

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673 E Cedar , Gladwin, MI 48624
$124,900
Est. Payment: $650.87/mo
0 Bed
0 Bath
5800 Sqft
Status: active | Days on site: 185
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House Description

Great income potential with this 3–4 unit professional office building offering approximately 5,800 square feet. Built in 1984, the Cedar Village Professional Building is located within the City of Gladwin in a high-traffic strip mall area, just down the road from Pizza Hut, Car Quest Auto, and next to the Secretary of State office and The Medicine Shop. The building is well suited for medical offices or other service-based businesses. Two units are currently rented. The rear unit, previously used as a medical office, is vacant and offers approximately 2,500 square feet. This space includes a large waiting room, multiple offices, exam rooms, and a lunch or lounge area, and 2 reception areas which would make this a great unit to share between 2 physicians. The office furniture and items owned by the seller in this unit, are included in the sale. The middle unit is leased to Beltone Hearing, consist of 1 room with access to restroom. Front unit is leased to Compass Drug Screening and includes approximately 1,000 square feet with a small waiting room, reception area, meeting rooms, and office or exam room. The building features a large common hallway and a spacious shared parking lot, which is leased and shared with three other properties. City utilities and natural gas are available. Each unit is separately metered, and utilities are paid by the tenants. A Duralast roof was installed around 2009.

Highlights

Listed by TROY CONDELL , 989-578-9630 CONDELL WONDER LAND , 989-539-2771. MiRealSource, Inc. mls logo

Property Type

Commercial Sale

Lot/Acreage
0.17

Year Built

1984

County

Gladwin

Area

Gladwin (26017)

Neighborhood

Meets and Bouds

Listing ID

50198237

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:0
  • Full Bathrooms:
Air Cond:Central A/C
Fireplaces:
Above Ground Sq Ft:5800
Water:Public Water

Exterior Features

Lot Dimensions:63.75 x 134.4
Zoning:Professional Office,Commercial
Roof:Metal,Rubber
Sewer:Public Sanitary
Parking Features:21+ Spaces,Leased,Parking Lot
Principal Interest
$651
Taxes
$334

Home Price

$124,900

Loan Details

30 yrs
6.792%

Down Payment

20%
$24,980
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$650.87

Principal

Taxes

Principal Taxes HOA Total
Monthly $650.87 $333.67 $0.00 $984.54
Yearly $7,810.46 $4,004.00 $0.00 $11,814.46
Total $234,313.66 $120,120.00 $0.00 $354,433.66
Lender profile image
So-Crates Johnson
Dust, Wind, Dude
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Market insight data is pulled from the same city as the listing being viewed (Gladwin, MI).

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Data last updated: 2026-09-02T03:11:55.100Z

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