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MOUNT CLEMENS, MI-An accounting firm has sold an 8,000-sf freestanding, multitenant office building to a financial services firm for $550,000.

Sold by a local accounting firm at an original ask of $695,000, plans call for the buyer, 191 North Avenue LLC in Shelby Township to occupy the top floor of the property under the name Action Financial Services. The new owners will also rehab the bottom floor of the building, located at 191 North Ave., and lease it out.

“Basically, the sellers had just sold their accounting firm and had moved out of that space,” explains Jack Williams, vice president with Colliers International’s Southfield office, who represented the seller in the transaction. “The partners were retiring, so they decided to sell their assets.”

Williams tells GlobeSt.com that the property, situated on about an acre and built in the 1970s, attracted several offers. “We had some decent activity on this one,” he says, adding that the buyer, represented by Andrea Bercich of Bercich Realty in Sterling Heights was best able to work well within the seller’s time frame.

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