Inexpensive Industrial Property

Industrial for Sale
Catylist Listing ID: 30044689
Property Subtypes: Cold Storage, Flex Space, Free-Standing, Manufacturing, Light Industrial, Office Showroom, Warehouse/Distribution
Building Size (RSF): 31,884 SF
Gross Land Area: 1.96 Acres
Sale Price: $749,000
Unit Price: $23.49 PSF
Ceiling: 20 ft.
Docks/Doors: 3 Docks, 3 Doors
Office SF: 3,000 SF
Property Use Type: Vacant/Owner-User
Usable Size (USF): 31,884 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Average Occupancy Rate: 100
Last Updated: 11/6/2018

Overview / Comments

Inexpensive industrial property with on-site parking/storage yard. Currently there are several tenants on month-to-month leases.

Seller wants to lease back a portion of the property for one year while he is relocating.

Main building 28,808 feet
Ancillary building is 3,076 feet.

Newer roof. Heavy power.

Independence Realty – COMMERCIAL, Randy Bronkema, welcomes your call to explore this property as well as to discuss your overall real estate strategy, whether as tenant / buyer / seller / landlord. Comprehensive industry experience with a wide range of project responsibilities that prove invaluable to an extensive client base, plus over a quarter of a century of commercial experience gives you a rare and seasoned perspective coupled with invaluable understanding. Whether sales, leasing or site selection. I can provide a strategic, results-producing solution.

Additional Details

Nearest MSA: Grand Rapids-Wyoming
County: Kent
Submarket/Township: 28th Street West
Taxing Authority: City of Wyoming
Tax ID/APN: 41-17-09-451-052
Property Located Between: West of Byron Center, between Porter and 28th Streets SW
Highway Access: I-196 to 28th Street, east 2 miles to Byron Center Ave, north to Thornwood, west to property. US-131 to 28th Street, west 2.5 miles to the Byron Center Ave, north to Thornwood, west to property.
Airports: Gerald R Ford International Airport
Site Description: Fenced in lot.
Area Description: Industrial.
Tenancy: Multiple Tenants
Total Number of Buildings: 2
Number of Stories: 1
Typical SF / Floor: 28,808 SF
Property Condition: Average
Year Built: 1964
Roof Type: Flat
Construction/Siding: Block
Parking Type: Surface
Overhead Cranes: Undisclosed
Sprinklers: Wet
Amps: 400
Volts: 440
X-Phase: 3
Heat Type: Natural Gas
Heat Source: Central, Ceiling Units
Air Conditioning: Engineered System
Lighting: Fluorescent
Interior Description: 3,000 SF office space with 3 private offices.
Zoning Description: I-2 Industrial (Heavy Industrial)
Lot Frontage: 283'
Lot Depth: 224'
Water Service: Municipal
Sewer Type: Municipal
Easements: Utilities

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 15,258 88,581 263,274
Median Age: 31.56 32.2 32.66
Households: 6,090 32,266 99,624


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