Office/Industrial Building for Sale

Office for Sale
Also listed as Retail-Commercial
Catylist Listing ID: 30527844
Property Subtypes: Flex Space, Office Building, General
Building Size (RSF): 61,741 SF
Gross Land Area: 5.64 Acres
Sale Price: $6,791,510
Unit Price: $110 PSF
Ceiling: 10 ft.
Property Use Type: Vacant/Owner-User
Class of Space: Class B
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 11/15/2019

Overview / Comments

This is a phenomenal office/industrial building offering many upgrades and unique features throughout. The building is centrally located with easy access from US-131 and a short drive the airport. There is a newer addition that was added to the building in 2008 offering tall/exposed ceilings, upgraded LED lighting, 3 large vaults, two drive-in doors and 1 dock. Currently it is being utilized as mostly office but could be converted back to more of a warehouse use. The space also features a 3,500+ SF gym area and a full commercial kitchen with an expansive eating area.

There is a great mix of private offices, conference rooms, and open area for work stations. Ample on-site parking with access from 44th St and Callander. Monument signage is available.

Financials

Finance Data Year 2001
Real Estate Taxes - Annual($) $315,300 (Annual)

Additional Details

Nearest MSA: Grand Rapids-Kentwood
County: Kent
Submarket/Township: 36th/44th St Corridor
Tax ID/APN: 41-18-21-452-010
Zoning: 201 COMMERCIAL
Property Visibility: Excellent
Site Description: Tax Desc in LO.
Area Description: DIRECTIONS: US 131 TO 44TH, E TO THE NE CORNER OF CALLENDER & 44TH.
Number of Stories: 1
Construction/Siding: Brick

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 14,339 97,079 226,328
Median Age: 37.16 35.18 33.87
Households: 5,776 38,699 83,642

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