SMALL MACHINE SHOP - REAL ESTATE, BUS EQUIPT & INVENTORY

Industrial for Sale
Sale Pending/Contingent
Also listed as Business Opportunity
Catylist Listing ID: 30319872
Property Subtypes: Cold Storage, Free-Standing, Manufacturing, Light Industrial, Self Storage, Warehouse/Distribution, Other
Status: Pending/Contingent
Building Size (RSF): 1,200 SF
Gross Land Area: 2,700 SF
Sale Price: $125,000
Unit Price: $104.17 PSF
Ceiling: 10 ft. Clear
Docks/Doors: 1 Door
Drive In Bays: 1 Bay
Property Use Type: Business
Building Name: Harding Machine Company
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 11/11/2019

Overview / Comments

Small Machine Shop for Sale includes the complete package of Business Equipment and Inventory along with the Real Estate. This Building and business known as Harding Machine Shop has been in existence in Grand Rapids since circa 1942. Very affordable price for a machinist who wants to start his/her own business with a turnkey operation and location. Owner had to vacate the premises and business for health reasons. Property was also under contract for most of 2018 and 2019 pending the outcome of the lottery drawing for a marijuana dispensary.

Small Free Standing Building is 1,200 SF with 480 -3 Phase Power, 9' Overhead Door and 2 newer Overhead Unit Heaters. Newer cement sidewalk and driveway cut in front.

See Equipment and Machinery List in Attachments and Media that go with the property.

Additional Details

Nearest MSA: Grand Rapids-Kentwood
County: Kent
Taxing Authority: City of Grand Rapids
Tax ID/APN: 411418351004
Zoning: I-1 LIGHT INDUSTRIAL
Property Located Between: Leonard St and Caledonia St
Highway Access: US-131 - 5 Blocks
Airports: Gerald R Ford International Airport
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 1,200 SF
Property Condition: Fair
Year Built: 1940
Roof Type: Flat
Construction/Siding: Block
Parking Type: Surface
Parking Description: 4 Off-Street Parking with Parking in the Street.
Total Parking Spaces: 4
Overhead Cranes: Undisclosed
Sprinklers: None
Volts: 480
X-Phase: 3 Phase
Heat Type: Natural Gas
Heat Source: Ceiling Units
Air Conditioning: Window Unit
Lighting: Fluorescent
Internet Access: Cable
Lot Frontage: 45
Lot Depth: 60
Water Service: Municipal
Sewer Type: Municipal
Easements: Utilities
Land Ownership: Owned
Legal Description: PART OF LOT 99 COIT & CURTIS PARTITION PLAT COM ON E LINE OF TAYLOR AVE AT NW COR OF SD LOT TH S 44.8 FT ALONG E LINE OF TAYLOR AVE TH E 60.90 FT TH NLY PAR WITH & 36 FT WLY AT RT ANGLES FROM CL OF GRAND RAPIDS EASTERN /FORMERLY CENTRAL MICH- FORMERLY GT/ RR COS MAIN TRACK 44.9 FT M/L TO N LINE OF SD LOT TH WLY 56.25 FT ALONG N LINE OF SD LOT TO BEG *

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 20,277 122,131 260,589
Median Age: 28.26 32.5 33.71
Households: 7,760 48,716 99,717

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