Commercial/Industrial Building for Sale

Retail-Commercial for Sale
Also listed as Industrial
Catylist Listing ID: 29919209
Property Subtypes: Free-Standing Building, Street Retail, Vehicle Related, Other
Building Size (RSF): 23,240 SF
Gross Building Area: See Agent
Gross Land Area: 1.24 Acres
Sale Price: $349,000
Unit Price: $15.02 PSF
Property Use Type: Vacant/Owner-User
Sale Terms: Cash to Seller, Purchase Money Mortgage
Cap Rate: Undisclosed
Last Updated: 11/20/2017

Overview / Comments

Free standing building, a former Chrysler dealership in downtown Lakeview, MI. Exterior painted 2014. Potential uses include auto detailing, light mfg., warehouse storage, auto repair facility and/or or body shop. Could be renovated for retail shopping. Showroom and office 100% A/C. Showroom: 4,000sf, Office: 220sf (includes two private offices). Warehouse: 19,029sf. 8' ceilings in office, 15'24' ceilings in warehouse/showroom.

Financials

Finance Data Year 2013
Real Estate Taxes - Annual($) $3,533 (Annual)
Assessed Value - Total($) $74,200 (Annual)

Additional Details

Nearest MSA: Grand Rapids-Wyoming
County: Montcalm
Taxing Authority: Cato Township
Tax ID/APN: 059-042-101-001-00
Zoning: C-2
Property Located Between: 1st & 2nd Streets
Road Type: Paved
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 1
Parking Description: Ample parking.
Zoning Description: C-2 - It is recommended that interested parties contact the Cato Township Zoning Department to verify that their intended use conforms to the current zoning.
Easements Description: Of record if any.
Land Ownership: Stokely Entrprises, LLC
Legal Description: Lots 1, 2, 3, 5 & 7 BLK 1 Village of Lakeview

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 822 1,815 5,864
Median Age: 41.62 41.02 39.6
Households: 332 759 2,261
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