Listing provided courtesy of CONDELL WONDER LANDMLS# 50198237MLS Provider
  • 154 days on site
  • 1 views

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.

Source: Great Lakes Repository, MLS#: 50198237

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  • Property Type
    Commercial Sale
  • Lot
    0.17 acres

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Kevin Prokopp

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Owning this Home

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

Life at 673 E Cedar Avenue


Schools


School data courtesy of LiveBy, Inc.
Ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating. The schools displayed on this website are for informational purposes only and may not represent a complete or up-to-date list. School assignments are subject to change and should be verified directly with the local school district. Please contact the appropriate school district to confirm school zoning and enrollment eligibility for this property.

History

Date Event Value Agent
3/19/2026Source: Great Lakes Repository Price Reduction
$129,900 -5.2%
3/2/2026Source: Great Lakes Repository Price Reduction
$137,000 -5.5%
1/26/2026Source: Great Lakes Repository Added to Database
January 26, 2026