1001, 1131, 1151 and 1251 100th St. SW

Industrial for Sale
Catylist Listing ID: 30106186
Property Subtypes: Free-Standing, Manufacturing, Mixed Use, Light Industrial, Warehouse/Distribution, Other
Building Size (RSF): 90,310 SF
Gross Land Area: 131 Acres
Sale Price: $3,600,000
Unit Price: $39.86 PSF
Ceiling: 10 ft. / 20 ft. Clear
Docks/Doors: 12 Docks, 14 Doors
Office SF: 2,000 SF
Drive In Bays: 14 Bays
Property Use Type: Vacant/Owner-User, Business
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 7/13/2017

Overview / Comments

Investment offering of seven income producing tenants spread over six buildings. 113 acres of residential land, two houses. 18 acres of D-1 Industrial acres with four buildings. Possible split of residential homes and acreage from industrial buildings and acreage. Three buildings vacant for upside potential for new ownership. Appraised August 31, 2016. Financials available with signed Confidentiality Agreement. 2,000ft +/- frontage on 100th St. Residential land includes Ross and Hilton Lakes.

Attachments & Media

Additional Details

Nearest MSA: Grand Rapids-Wyoming
County: Kent
Taxing Authority: Byron Township
Tax ID/APN: 41-21-26-300-009; 41-21-26-400-019; 41-21-26-400-020; 41-21-26-400-018
Zoning: INDUSTRIAL
Property Located Between: Clyde Park and Burlingame Ave
Rail Access: Yes
Tenancy: Multiple Tenants
Total Number of Buildings: 6
Property Condition: Average
Exterior Description: Combination metal sheeting, masonry, wood pole and siding
Parking Type: Surface
Overhead Cranes: Undisclosed
Heat Type: Natural Gas
Zoning Description: 113 acres zoned R-1 Residential and 18 acres zoned D-1 industrial
Water Service: Well
Sewer Type: Municipal, Storm

Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 11,551 50,975
Median Age: 39.01 36.75
Households: 4,138 18,603

Source

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