Retail-Commercial for Sale
Sale Pending
Catylist Listing ID: 30318665
Property Subtypes: Free-Standing Building
Status: Pending
Building Size (RSF): 4,121 SF
Gross Building Area: See Agent
Gross Land Area: 1.88 Acres
Sale Price: $595,000
Unit Price: $144.38 PSF
Has Drive-Thru? Yes
Property Use Type: Vacant/Owner-User
Building Name: Fifth Third Bank
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 7/8/2020

Overview / Comments

AVAILABLE FOR SALE – 4,121 SF former bank facility with approx. 2,303 SF drive-thru in Ionia, MI. Built in 2006, this free-standing building currently features a lobby/teller area, 7 private offices, conference room, kitchenette/lounge, vault, men’s/women’s ADA restrooms, attached 4-lane drive-thru with 1 ATM lane, 34 parking spaces and 2 pylon signs. Well located adjacent to the Walmart access drive, this highly visible 1.88-acre outparcel is situated in front of Market Square Plaza, featuring Verizon, Aaron’s, Dollar Tree, Snap Fitness, Advance
America, Cato and Great Clips. Area tenants include Walgreens, Meijer, Walmart Supercenter, Tractor Supply Company, Aldi and Menards. Priced well below SEV!

Additional Details

Nearest MSA: Ionia
County: Ionia
Taxing Authority: Berlin, Township of
Tax ID/APN: 011-001-000-085-42
Property Located Between: Sprague Road & David Highway
Property Visibility: Excellent
Largest Nearby Street: S. State Road/M-66
Highway Access: Frontage on M-66
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 1
Year Built: 2006
Roof Type: Gable
Construction/Siding: Brick
Total Parking Spaces: 34
Parking Type: Surface
Heat Type: Natural Gas
Heat Source: Central
Air Conditioning: Package Unit
Zoning Description: Unzoned in Berlin Township
Water Service: Municipal
Sewer Type: Municipal
Legal Description: PT NE 1/4 SEC 1 COM NE COR SEC, TH S 789.46FT, TH W 49.47FT TO POB, TH S 323.05FT, TH W 184.09FT, TH NWLY 112.25FT ALG ARC 215FT RAD CURVE LEFT ANGLE 29*54'48" CHORD N30*36'40"W 110.98FT, TH NWLY 108.6FT ALG ARC 135FT RAD CURVE RIGHT ANGLE 46*5'22" CHORD N22*31'23"W 105.69FT, TH N 71.04FT, TH NWLY 32.15FT ALG ARC 165FT RAD CURVE LEFT ANGLE 11*9'49" CHORD N5*3'36"W 32.1FT, TH N10*38'30"W 9.87FT, TH N79*31'38"E 1.76FT, TH NELY 183.2FT ALG ARC 947FT RAD CURVE RIGHT ANGLE 11*5'3" CHORD N85*23'19"E 103.53FT TO POB SEC 1 T6N R7W BERLIN TWP, IONIA COUNTY, MICHIGAN SPLIT ON 11/04/2005 FROM 011-001-000-085-40;

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 10,360 19,632
Median Age: 35.13 35.55
Households: 2,057 5,549


Photograph of Listing Agent

Jodi K. Milks, CCIM

Bradley Company CARWM Member
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