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5151 Gateway Blvd
Flint, MI 48507 South Flint/Grand Blanc

$799,900 USD

Medical Condo For Sale  •  2,630 SF

Property Details

  • Property Type Medical
  • Total Building Size 8,048 SF
  • Lot Size 0.66 AC
  • Building Class B
  • Year Built 2003
  • Tenancy Single
  • Zoning PRC, Flint
0 Transit Score
20 Walk Score

1 Unit Available

Name Condo Use Size Price Details
1st Floor - Unit 3 Medical 2,630 SF $799,900 USD
  • Unit Size: 2,630 SF
  • Condo Use: Medical
  • Price: $799,900 USD
  • Sale Type: Investment
  • Price/SF: $304.14 USD
Description
The Unit consists of 5 exam rooms with sinks, a storage room, an X-Ray room, a doctor's office, 2 restrooms, and a spacious welcoming waiting area. Brand new AC and new carpet throughout the office. Ample parking and excellent location for a medical office.

Sale Notes
Fully rented, Great investment with an excellent return of 8.2 Cap Rate. Well maintained medical office in a high demand business district right off US-75 and Hill Rd. Lease is a 28$/ft Gross Lease.

Description

The property is a single-story medical office facility built in 2003 and situated on 0.66 acres in Flint, Michigan. It has Class B construction and surface parking supporting 38 vehicles. The site is positioned near the intersection of I-75 and Hill Road within an established commercial district. Interior improvements include dedicated exam rooms, imaging space, and support areas. The property operates under PRC zoning (Planned Regional Center).

Highlights

Fully leased medical office delivering strong investment performance with an 8.2% cap rate.
Convenient access to I-75 and Hill Road, ensuring excellent regional connectivity.
Includes five exam rooms, X-ray suite, physician’s office, and welcoming patient waiting area.
Recently updated with new HVAC system and carpeting throughout for improved efficiency.
Located in a well-trafficked business district with complementary retail and medical services.

Public Transportation

AirportDriveWalkDistance
Bishop International 15 min - 3.8 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 38
Type: Surface
Included in Rent: Yes
Wilson Lahoud 810-691-1485 Inca Realty LLC
Wilson Lahoud 810-691-1485 Inca Realty LLC