Industrial Buildings (Large Storage Yard)

Industrial for Sale
Sale Pending
Catylist Listing ID: 30274030
Property Subtypes: Flex Space, Free-Standing, Manufacturing, Mixed Use, Light Industrial, Office Showroom, Self Storage, Warehouse/Distribution, Other
Status: Pending
Building Size (RSF): 5,600 SF
Gross Building Area: See Agent
Gross Land Area: 3.44 Acres
Sale Price: $495,000
Unit Price: $88.39 PSF
Ceiling: 14 ft. Clear
Docks/Doors: 3 Doors
Property Use Type: Net Leased Investment (NNN), Vacant/Owner-User
Building Name: John Grace Restoration
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 9/17/2018

Overview / Comments

PROPERTY CONSIST OF 2 FREE-STANDING BUILDINGS ON 3.04 ACRES. THE OFFICE AREA IS COMPLETELY RENOVATED. LARGE FENCED IN YARD FOR STORAGE, PARKING, OR FUTURE EXPANSION. THERE IS ALSO AN ACTIVE RAIL RUNNING ON THE NORTH PROPERTY LINE. EASY ACCESS TO I-196.

Building #1: 3,200 square feet, 2 overhead doors, 3-phase power, completely renovated office areas and restrooms.

Building #2: 2,400 square feet. 1 overhead door, 3-phase power, currently set up for warehouse and millwork.

Additional Details

Nearest MSA: Grand Rapids-Wyoming
County: Kent
Taxing Authority: Wyoming
Tax ID/APN: 41-17-10-202-001
Zoning: I-1 LIGHT INDUSTRIAL
Rail Access: Yes
Tenancy: Single Tenant
Property Condition: Excellent
Year Renovated: 2016
Roof Type: Gable
Construction/Siding: Aluminum Siding
Parking Type: Surface
Overhead Cranes: Undisclosed
Sprinklers: None
Heat Type: Natural Gas
Heat Source: Central, Ceiling Units
Air Conditioning: Engineered System
Internet Access: Cable
Water Service: Municipal
Sewer Type: Septic
Easements: Electric Lines
Legal Description: Y199 1/2: PART NE 1/4 COM ON SLY LINE OF PM RR R/W 759 FT E & 695.5 FT S OF N 1/4 POST TH S 55D 34M E 388 FT ALONG SD R/W LINE TO NLY LINE OF FORMER GR H&C RR R/W TH S 55D 11M W 363.1 FT ALONG SD FORMER R/W LINE TO A PT BEING 759 FT E OF N&S 1/4 LINE TH N 2D 53M W 427.4 FT PAR WITH N&S 1/4 LINE TO BEG ALSO COM ON WLY LINE OF BEVERLY AVE AT A PT 132 FT N OF N 1/8 LINE TH S 89D 52M W 623.8 FT PAR WITH N 1/8 LINE TO SLY LINE OF FORMER GR H&C RR R/W TH N 55D 11M E 427.9 FT ALONG SD FOR- MER R/W LINE TO SLY LINE OF PM RR R/W TH S 55D 34M E 214 FT & TH SELY 156.3 FT ON A 1967 FT RAD CURVE TO THE LT ALONG SD R/W LINE TO WLY LINE OF SD AVE TH S 42D 44M W 53.35 FT TO BEG SEC 10 T6N R12W 3.04 A.

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 12,056 116,985 294,060
Median Age: 30.1 31.28 33.19
Households: 4,214 43,420 112,029

Contact

Photograph of Listing Agent

Arnold Grover

Grover Real Estate, Inc.
CARWM Member
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