Industrial Building For Sale Or Lease

Industrial for Sale
Sale Pending
Catylist Listing ID: 30753442
Property Subtypes: Free-Standing, Industrial-Business Park, Manufacturing, Light Industrial, Office Showroom, Warehouse/Distribution
Status: Pending
Building Size (RSF): 20,160 SF
Sale Price: $1,310,000
Unit Price: $64.98 PSF
Ceiling: 21 ft. / 18 ft. Clear
Docks/Doors: 2 Docks, 2 Doors
In Opportunity Zone? Yes
Property Use Type: Vacant/Owner-User
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 10/12/2021

Overview / Comments

Industrial building for sale - current tenant's lease ends December 31. This 20,160 SF facility features two docks, two overhead doors, plenty of office space, and expandable parking or outside storage in a great location on 36th Street, just west of Roger B Chaffee. The building had a total new TPO roof installed in 2019 with approximately 18 years left on the warranty.

Additional Details

Nearest MSA: Grand Rapids-Kentwood
County: Kent
Submarket/Township: 36th/44th St Corridor
Taxing Authority: City of Wyoming
Tax ID/APN: 41-18-18-326-022
Highway Access: US-131
Airports: Gerald R. Ford International Airport
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 1
Property Condition: Good
Year Built: 1969
Year Renovated: 2019
Roof Type: Flat
Construction/Siding: Steel Frame
Parking Type: Surface
Parking Description: on site surface parking, expandable.
Overhead Cranes: Undisclosed
Sprinklers: Wet
Amps: 400
Volts: 240
X-Phase: 3
Heat Type: Natural Gas
Heat Source: Ceiling Units
Air Conditioning: Engineered System
Lighting: Fluorescent
Zoning Description: Industrial
Part of Planned Development?: Yes
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 8,898 139,678 289,440
Median Age: 33.51 33.35 33.64
Households: 3,298 51,038 109,536
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