800 Cambridge Street, Midland, MI 48642

$1,975,000
9,948
SqFt

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List Price
$1,975,000
Status
ACTIVE
MLS#
50200891
Days on Market
144
Year Built
1990
Price Change
▼ $320,000 1783720891
Acres
0.99
Living Area
9,948
Municipality
Midland
Region
Midland
Township
Midland

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.

Additional Information

Heating
Forced Air
Cooling
Central Air, HVAC
Exterior Features
Lawn Sprinkler
Sewer
Public Sanitary
Foundation
Basement
Water
Public

Mortgage Calculator

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Please consult a financial professional.
Calculator source: Real Geeks

Listing Courtesy of Keller Williams Preferred, Office Phone: 989-792-8200

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Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource. The information published and disseminated by MiRealSource is communicated verbatim, without change by MiRealSource, as filed with MiRealSource by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.Copyright 2014 MiRealSource. All rights reserved. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc.

Provided through IDX via MiRealSource, as the "Source MLS", courtesy of the Originating MLS shown on the property listing, as the Originating MLS. The information published and disseminated by the Originating MLS is communicated verbatim, without change by the Originating MLS, as filed with it by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Copyright 2014 MiRealSource. All rights reserved. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc.