Contact info

• 517-351-2200 [Office] 

Description

Significant value-add opportunity! The North Park Office Complex is a 5-building, 72,388-square-foot professional office condo community built in 1985-1991 comprising 18 individual condo units on nearly 8 acres. The property is situated along Saginaw Street between abundant restaurant and shopping destinations. At 43% leased, occupancy is significantly lower than comparable properties; a disparity due primarily to long deferred maintenance on the parking lot. As a result, the property is an attractive option for real estate investors looking for a value-add opportunity with significant upside potential. Condominium documents, operating statements and rent roll are available upon execution of a confidentiality agreement. Building price details: $1,950,000.

Property Details

• Building Name:North Park Office Complex Condos
• Type: Office
• Use Types:Office Building
• Status: Available
• MSA: Flint
• Zoning: B-3, GENERAL BUSINESS
• Buildings: 1
• Tenancy: Multiple Tenants

Terms

• Cash to Seller 

Agent

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