Industrial Building for Sale

Industrial for Sale
Catylist Listing ID: 30217003
Property Subtypes: Light Industrial
Building Size (RSF): 27,354 SF
Gross Building Area: See Agent
Gross Land Area: 1.23 Acres
Sale Price: $2,000,000
Unit Price: $73.12 PSF
Ceiling: 14 ft. Clear
Docks/Doors: 2 Docks
Office SF: 1,300 SF
Property Use Type: Vacant/Owner-User
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 3/16/2018

Overview / Comments

Great redevelopment site, just north of GVSU's new Finkelstein Health Services Complex, along north side of I-196. 27,354 SF brick and block building on 1.23 acre site. Building has 2 loading docks and 1 van height door. Currently used as a printing facility. 100% air conditioned and heated. Heavy electric. Original built in 1958 with additions in 1978, 1981, 1982, 1992. Each section is clear span. Also includes 700 & 704 Prospect Ave lots (PP#41-14-19-331-003 & 005) Occupancy Spring of 2019. Call Listing agent.

Additional Details

Nearest MSA: Grand Rapids-Wyoming
County: Kent
Submarket/Township: Northeast Business District
Tax ID/APN: 41-14-19-335-023
Zoning: SD-IT
Highway Access: I-196
Airports: Gerald R Ford International Airport
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 27,354 SF
Property Condition: Average
Year Built: 1958
Year Renovated: 1992
Roof Type: Flat
Construction/Siding: Block, Brick
Parking Type: Surface
Overhead Cranes: Undisclosed
Sprinklers: None
Heat Type: Natural Gas
Heat Source: Central
Air Conditioning: Engineered System
Lighting: Fluorescent
Water Service: Municipal
Sewer Type: Municipal

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 22,732 148,974 277,988
Median Age: 28.82 31.9 33.52
Households: 10,566 56,503 106,305


Photograph of Listing Agent

Chadwick J Versluis, SIOR

NAI Wisinski of West Michigan CARWM Member
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