Essex Body Shop For Sale

Industrial for Sale
Also listed as Retail-Commercial
Catylist Listing ID: 30761125
Property Subtypes: Free-Standing, Other, General
Building Size (RSF): 8,128 SF
Gross Land Area: 0.61 Acres
Sale Price: $1,300,000
Unit Price: $159.94 PSF
Ceiling: 17 ft. / 15 ft. Clear
Docks/Doors: 1 Dock, 5 Doors
Office SF: 225 SF
Drive In Bays: 5 Bays
Property Use Type: Vacant/Owner-User
Building Name: Essex Body Shop
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 10/21/2021

Overview / Comments

Great location, hard to find Commercial/Industrial building located in the heart of Grand Rapids with easy access to expressways just east of the Medical Mile. (Located behind New Beginnings Restaurant).

Property for sale with a 40+ year body shop business intact. Essex Body shop has a tremendous reputation as they do custom painting, wheels, tires, etc. Building consists of two paint booths, heavy power, 5 overhead doors and 1 dock. The building has been well maintained and has 17 ft 2 inch ceilings to the deck in the highest areas.

Zoning is SD-IT (Special District, Industrial Transportation) which is hard to come by.

Building may be able to be purchased without the business.

Additional Details

Nearest MSA: Grand Rapids-Kentwood
County: Kent
Submarket/Township: Northeast Business District
Taxing Authority: City of Grand Rapids
Tax ID/APN: 41-14-20-476-004
Zoning: SD-IT
Highway Access: I-196
Airports: Gerald R Ford International
Area Description: DIRECTIONS: I-196 TO FULLER AVE, S TO MICHIGAN, E TO PROPERTY.
Tenancy: Single Tenant
Number of Stories: 1
Property Condition: Good
Year Built: 1968
Year Renovated: 2010
Construction/Siding: Block, Metal Siding
Parking Type: Surface
Overhead Cranes: Undisclosed
Heat Type: Natural Gas, Suspended Radiant Heaters
Heat Source: Ceiling Units, Radiant
Lighting: Fluorescent
Water Service: Well
Sewer Type: Municipal
Legal Description: W 100 FT OF LOT 28 EX S 357 FT THEREOF* BALL & DICKINSONS SUB

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 17,567 142,623 272,503
Median Age: 29.92 31.46 33.41
Households: 6,720 53,016 104,471

Contact

Photograph of Listing Agent

Kurt Kunst, CCIM, SIOR

NAI Wisinski of West Michigan CARWM Member
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