Industrial Building For Sale or Lease

Industrial for Sale
Sale Pending/Contingent
Also listed as Retail-Commercial
Catylist Listing ID: 30319104
Property Subtypes: Mixed Use, Warehouse/Distribution, General
Status: Pending/Contingent
Building Size (RSF): 22,752 SF
Gross Land Area: 1.06 Acres
Sale Price: $1,495,000
Unit Price: $65.71 PSF
Ceiling: 20 ft. / 16 ft. Clear
Docks/Doors: 1 Dock, 4 Doors
Property Use Type: Vacant/Owner-User
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 4/25/2019

Overview / Comments

22,752 SF Industrial Building. 20,552 SF of warehouse space and 2,200 SF of office space. Heavy Power (480 volt, 3 phase 400 amps) 14.5' - 19' clear ceiling heights in warehouse area in two clear span sections. 3 overhead doors (1 is 15' wide x 14' tall). 1.06 acre site with frontage along the Grand River. There is compressed air throughout the shop. Occupancy date of July 1, 2019.

Additional Details

Nearest MSA: Grand Rapids-Wyoming
County: Kent
Submarket/Township: Northeast Business District
Taxing Authority: City of Grand Rapids
Tax ID/APN: 41-13-13-455-016
Zoning: PID
Site Description: Lot 16 Ex N 54 ft Also Lot 17 Leonard & Co's Addition.
Area Description: DIRECTIONS: 131 N TO LEONARD, E ON LEONARD TO FRONT, N ON FRONT TO BUILDING.
Tenancy: Single Tenant
Number of Stories: 1
Property Condition: Good
Year Built: 1967
Roof Type: Flat
Construction/Siding: Block
Parking Type: Surface
Parking Description: On side od building and behind building
Overhead Cranes: Undisclosed
Lighting: Fluorescent, Other
Zoning Description: Industrial

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 20,583 125,579 253,370
Median Age: 27.15 32.84 33.81
Households: 7,517 50,133 97,220

Contact

Photograph of Listing Agent

Chadwick J Versluis, SIOR

NAI Wisinski of West Michigan CARWM Member
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