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Crapo Medical Suites 211 S Crapo St 19,944 SF 100% Leased Office Building Mount Pleasant, MI 48858 $1,366,444 CAD ($68.51 CAD/SF) 9.34% Cap Rate

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Investment Highlights

  • Immediate Rental Upside
  • Stable and Predictable Cash Flow
  • Minimal Vacancy Risk
  • Reduced Vacancy Risk

Executive Summary

Broker of Record
Matt Fitzgerald
License # 6505432273 (MI)
Matthews Real Estate Investment Services, Inc
1600 West End Ave, Ste. 1500 Nashville, TN 37203
(866) 889-0550

Property Facts

Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
19,944 SF
Building Class
B
Year Built
1977
Price
$1,366,444 CAD
Price Per SF
$68.51 CAD
Cap Rate
9.34%
NOI
$127,626 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
19,944 SF
Building FAR
0.24
Lot Size
1.92 AC
Zoning
commercial
Parking
130 Spaces (6.52 Spaces per 1,000 SF Leased)

Amenities

  • Storage Space
  • Reception
  • Air Conditioning

Property Taxes

Property Taxes

Parcel Number
17-000-12-620-00
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$629,838 CAD
  • Listing ID: 39292713

  • Date on Market: 2026-02-02

  • Last Updated:

  • Address: 211 S Crapo St, Mount Pleasant, MI 48858

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