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3297 Orchard Lake Rd
Keego Harbor, MI 48320
Gloria Bldg · Office Property For Sale
Investment Highlights
- Strong traffic counts with good visibility from Orchard Lake Road
- Well maintained building with limited deferred maintenance
- Recent improvements include new flooring and interior updates
Executive Summary
7,000 square foot multi-tenant office building located on Orchard Lake Road in Keego Harbor, Michigan. The property has undergone recent updates and is leased to a mix of service oriented tenants including barbers, hair stylists, tattoo artists, cosmetology professionals, and other small businesses. The building includes 18 on-site parking spaces for tenants and customers.
Property Facts
Sale Type
Investment
Property Type
Office
Property Subtype
Building Size
7,000 SF
Building Class
C
Year Built/Renovated
1969/2007
Price
$1,327,302 CAD
Price Per SF
$189.61 CAD
Cap Rate
7.42%
NOI
$98,433 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
3,349 SF
Slab To Slab
10’
Building FAR
0.43
Lot Size
0.37 AC
Zoning
Office - B-1
Parking
18 Spaces (2.57 Spaces per 1,000 SF Leased)
Amenities
- Signage
- Storage Space
- Fully Carpeted
- Drop Ceiling
- Air Conditioning
Property Taxes
| Parcel Number | 18-02-479-036 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $432,540 CAD |
Property Taxes
Parcel Number
18-02-479-036
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$432,540 CAD
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