3 Combined Parcels | 2.74 Combined Acres | 6 Buildings

Industrial for Sale
Catylist Listing ID: 30622021
Property Subtypes: Flex Space, Free-Standing, Industrial-Business Park, Manufacturing, Mixed Use, Light Industrial, Warehouse/Distribution, Other
Building Size (RSF): 17,828 SF
Gross Building Area: See Agent
Gross Land Area: 2.74 Acres
Sale Price: $1,408,000
Unit Price: $78.98 PSF
Ceiling: 18 ft.
Docks/Doors: 13 Doors
Drive In Bays: 13 Bays
Property Use Type: Investment, Vacant/Owner-User
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 10/1/2020

Overview / Comments

Parcel 1: 3545 Brandau Dr NE
Unique warehouse industrial flex space with two structures on the property. Parcel includes one industrial building that has 3,250 Sq. Ft. Footprint consisting of one approximately 3,150 SF warehouse/office combination, seperate 2nd floor 900 SF 1-bedroom apartment. Plus, 3rd small office with direct street access. Apartment, small office and small house could be rented separately. Second structure is a small 907 SF Home on the property. Home could be torn down to make room for addition parking or 2nd warehouse flex space building. Home is currently rented month to month and could continue or be vacated.

Parcel 2: 3529 Brandau NE
Unique warehouse industrial flex space with two (2) buildings on the same parcel. 3529 Brandau Ave. is 3,976 SF and currently leased on a month-to-month basis. The 2nd building (1670 Kreft St. NE) is 1,940 SF also currently month-to-month leasing. Total size of both buildings equal 5,916 SF situated on 0.821 Acres

Parcel 3: 1690 Kreft St. NE
Unique warehouse industrial flex space with two (2) buildings on the same parcel. 1680 Kreft is 3,627 SF and currently leased on a month-to-month basis. The 2nd building (1690 Kreft St. NE) is 3,228 SF also currently month-to-month leasing. Total size of both buildings equal 6,855 SF situated on proposed 1.554 Acre Parcel with vacant land and access of Rupert St to the South.

Additional Details

Nearest MSA: Grand Rapids-Kentwood
County: Kent
Submarket/Township: Plainfield Corridor
Taxing Authority: Grand Rapids Township
Tax ID/APN: 41-14-04-101-041
Zoning: C "GENERAL COMMERCIAL"
Property Located Between: Plainfield & 4 Mile is nearest major intersection
Highway Access: Plainfield Ave and I-96
Area Description: North East Corner of Grand Rapids Township and neighboring Plainfield Township
Tenancy: Multiple Tenants
Total Number of Buildings: 6
Number of Stories: 1
Property Condition: Average
Roof Type: Gable
Parking Type: Surface
Overhead Cranes: Undisclosed
Sprinklers: None
Heat Type: Natural Gas
Zoning Description: "C" General Comercial
Water Service: Well
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 9,151 73,265 167,836
Median Age: 38.34 36.99 35.56
Households: 3,941 29,145 66,836
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