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123 W Main Street Gaylord, MI $ 1,650,000
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$ 1,650,000 Get more info
123 W Main Street
$ 1,650,000
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123 W Main Street

Gaylord, MI, 49735
$ 1,650,000
Bedrooms-- Baths-- Sq 5,246

Monthly Estimate*

$ 10,159

123 W Main Street, Gaylord, MI 49735 - Image 1
123 W Main Street, Gaylord, MI 49735 - Image 2
123 W Main Street, Gaylord, MI 49735 - Image 3

Commercial Property for sale in Gaylord, MI

for $1,650,000. This 5,246 square foot building was built on a lot size of 0.84.

This prime, tenant-occupied property offers over 5,000 sq. ft. of versatile commercial space, currently home to Fifth Third Bank. Situated on a high-traffic road with convenient access to the nearby expressway, this location provides excellent visibility and accessibility. Ideal for investors seeking a stable income-producing property in a thriving area. Don’t miss this chance to own a well-located, income-generating commercial asset in Gaylord.

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Commercial Active

Price

$ 1,650,000

Property Type

Commercial

Taxes

$ 18,255

Style

RealEstateOnly

Lot Size

0.84

Town/City

Gaylord

County/Region

Otsego

MLS | Web ID

20261003837
Features
General
Sewer PublicSewer
Possession RentalAgreement
Garage Spaces 0.0
Construction Materials Brick
Property Subtype RealEstateOnly
Current Use Commercial
County Otsego
Net Operating Income 81889.0
Operating Expense 78101.0
New Construction N
Property Type CommercialSale
HOA N
Attached Garage N
Garage Y/N N
Status Active
Directions S side of W Main St/W of Old 27 N
City GaylordCity_Otsego
Senior Community Y/N N
High School District Gaylord
Zoning Description Commercial
MLS Area Area69072Gaylord
Lot Size Units Acres
Carport Y/N N
Land Lease Y/N N
Tax Annual Amount 18255.0
Home Warranty Y/N N
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Standard Status Active
Occupancy Type Tenant
Tax Assessed Value 312837
Expected Active Date 2026-01-19
Legal Description LOTS 2 & 3 EXC E 4 1/2 IN OF N 67 FT 8 1/2 INOF LOT 2 BLK. 1 GEORGE H. SMITHS ADDITION CITY OF GAYLORD. SEC 4 T30N R3W.
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Exterior
Water Source Public
Foundation Details Basement Block
Spa N
Lot Dimensions 136x134x137x134
Lot Size Acres 0.84
Waterfront Y/N N
Road Frontage Type Paved
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Interior
Basement (Y/N) Y
Air Conditioning Y/N N
Heating Y/N N
Fireplace Y/N N
Above Grade Finished Area 5246.0
Above Grade Finished Area Unit Type SquareFeet
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Internal Only
Street Number 1 123
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* Excluded Features
List By
Thomas D Nelson

Listing Agent

Realteam Real Estate

Broker

(586) 580-8092

Phone

Affordability Calculator

$11,681
Per Month
87%
13%
0%
Monthly Principal & Interest
$10,159
Monthly Property Taxes
$1,521
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
848454 Elementary School
848464 Middle School
Unknown High School High School
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Pricing History
DatePricePrice ChangeDescription
1/19/2026$1,650,000 Listed Price

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123 W Main Street, Gaylord, MI, 49735 is a Commercial Property for sale at $1,650,000 with 5,246 sqft and a lot size of 0.84. The property's zip code is 49735 which is in Gaylord, MI

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