800 Cambridge Street, Midland, MI 48642
800 Cambridge Street, Midland, MI 48642
800 Cambridge Street, Midland, MI 48642
800 Cambridge Street, Midland, MI 48642
800 Cambridge Street, Midland, MI 48642
800 Cambridge Street, Midland, MI 48642
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David Godin

David Godin

+1(586) 416-0600
$ 1,900,000
Est. payment | /mo

9,948 SqFt

Save
$ 1,900,000
Est. payment | /mo
Save

9,948 SqFt

Key Details

Property Type Commercial

Sub Type Commercial/Industrial

Listing Status Active

Purchase Type For Sale

Square Footage 9,948 sqft

Price per Sqft $190

Subdivision Mi

MLS Listing ID 50218349

Year Built 1990

Annual Tax Amount $34,564

Tax Year 2024

Lot Size 0.990 Acres

Acres 0.99

Lot Dimensions irregular

Property Sub-Type Commercial/Industrial

Property Description

Located in the heart of Midland, this is an incredible investment opportunity with immediate cash flow, strong upside, and highly motivated sellers willing to offer a deal they otherwise wouldn't due to their desire to scale after Shark Tank. This fully leased building offers just under 10,000 SF with a secured 3-year tenant in place, providing stability and dependable income from day one. Positioned at around an 8% cap rate, this property presents a rare opportunity for investors seeking strong returns and long-term value—including an estimated $500,000 return on investment within the first three years. Since 2019, the building has undergone over $750,000 in improvements, including full LED lighting upgrades, fiber internet infrastructure, white high-grade epoxy flooring, rubber composite stair flooring, a modernized reception area with electronic displays, a renovated 1,500 SF premium suite, updated shared kitchen and café-style common areas, resurfaced parking lot, upgraded gutter and waterproofing systems, stylish exterior lighting, and an elevator brought fully to code with a hands-free emergency phone. The flexible layout is ideal for office, medical, or creative professional use, making it a standout asset for investors looking for immediate performance and future appreciation. Sale includes real estate only—no business attached.

Location

State MI

County Midland

Area Midland (56020)

Zoning Commercial

Interior

Heating Forced Air

Cooling Central A/C, HVAC

Exterior

Parking Features 21+ Spaces

Roof Type Rubber

Building

Foundation Basement

Water Public Water

Others

Ownership LLC

Energy Description Natural Gas

Financing Cash,Commercial Loan,Conventional

MiRealSource (MI RealSource (Lenawee /Saginaw/SE-Border/Gr Shiawassee/Upper Peninsula)
Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.
Listed by Keller Williams Preferred

Schools and Properties Nearby

David Godin

Find out why customers are choosing LPT Realty to meet their real estate needs

+1(586) 416-0600

davidgodin@hotmail.com

101 W Big Beaver Rd, Troy, MI 48084, USA

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800 Cambridge Street