Opportunity Zone Industrial Building

Industrial for Sale
Catylist Listing ID: 30409067
Property Subtypes: Cold Storage, Flex Space, Free-Standing, Manufacturing, Light Industrial, Net Leased, Warehouse/Distribution, Other, General
Building Size (RSF): 5,000 SF
Gross Land Area: 0.41 Acres
Sale Price: $309,900
Unit Price: $61.98 PSF
Ceiling: 20 ft. / 8 ft. Clear
Office SF: 1,500 SF
Drive In Bays: 1 Bay
In Opportunity Zone? Yes
Property Use Type: Net Leased Investment (NNN), Investment, Vacant/Owner-User, Business
Usable Size (USF): 5,000 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Average Occupancy Rate: 100
Last Updated: 8/12/2019

Overview / Comments

PRICE REDUCED! Hard to find stand alone industrial building ready for a new owner user. property is in new Opportunity Zone. One loading door, and mezzanine area. Approximately 1500sf of offices. Contact Listing Agent for showing. Plenty of power and sprinkler system.

Financials

Finance Data Year 2011
Real Estate Taxes - Annual($) $5,936 (Annual)

Additional Details

Nearest MSA: Grand Rapids-Kentwood
County: Kent
Submarket/Township: 36th/44th St Corridor
Taxing Authority: Wyoming
Tax ID/APN: 41-18-18-426-068
Zoning: I-1
Property Located Between: 32nd and 36th
Highway Access: Convienent access to US131
Airports: Gerald R Ford International Airport
Site Description: Clean fully developed site ready to occupy your business
Area Description: DIRECTIONS: JUST S TO 32ND ST W SIDE
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 5,000 SF
Property Condition: Good
Year Built: 1974
Year Renovated: 1988
Roof Type: Flat
Construction/Siding: Brick
Exterior Description: Block exterior
Parking Type: Surface
Parking Description: Large lot behind building
Eave Height: 20
Overhead Cranes: Undisclosed
Sprinklers: Wet
Amps: 200
Volts: 480
X-Phase: 3
Heat Type: Natural Gas, Space Heaters
Heat Source: Central, Ceiling Units
Air Conditioning: Package Unit
Lighting: Fluorescent, High Pressure Sodium
Interior Description: Clean open space with mezzanine area above about 1/3rd of floor area.
Zoning Description: Industrial
Water Service: Municipal
Sewer Type: Municipal
Easements: Ingress/Egress
Easements Description: Shared ingress and egress
Land Ownership: Fee SImple
Legal Description: On file in LO

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 11,575 143,900 290,010
Median Age: 33.04 33.16 33.36
Households: 4,312 51,983 109,909

Contact

Photograph of Listing Agent

Michael R Gantos

Gantos Group LLC CARWM Member
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