FREESTANDING COMMERCIAL/INDUSTRIAL BUILDING - ALLEGAN, MI
Industrial
for Sale
Also listed as Retail-Commercial
Catylist Listing ID: |
30467199 |
Property Subtypes: |
Free-Standing, Light Industrial, Office Showroom, Warehouse/Distribution, General
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Building Size (RSF): |
10,543 SF
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Gross Land Area: |
5.41 Acres
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Sale Price: |
$575,000 |
Unit Price: |
$54.54 PSF |
Ceiling: |
14 ft. / 16 ft. Clear |
Docks/Doors: |
12 Doors |
Drive In Bays: |
11 Bays |
Property Use Type: |
Vacant/Owner-User |
Building Name: |
K&D Industrial Services |
Sale Terms: |
Cash to Seller |
Cap Rate: |
Undisclosed |
Average Occupancy Rate: |
100 |
Last Updated: |
12/3/2019 |
Overview / Comments
AVAILABLE FOR SALE – Approx. 10,543 SF former car dealership facility on 5.4-acre parcel in Allegan, Michigan. Front building (approx. 93’x71’) includes multiple private/semi-private offices, large lobby/showroom, conference/training room, men’s/women’s restrooms, IT room, drive-thru bay with two 12’x14’ overhead doors, locker room with single restroom/2 showers, break room, work room, parts/supply room with 6’x8’ overhead door and mezzanine. Rear building (approx. 73’x53’) includes 14’ - 16’ clear-span service/storage area with drive-thru capabilities via four 10’x10’ overhead doors, two 24’x14’ overhead doors and two 10’x12’ overhead doors with additional 10’x10’ rear overhead door. Site offers large display/parking surface and pylon pole with electric. Property is conveniently located on Lincoln Rd./M-89 Hwy., just east of downtown Allegan, and zoned C-2, Commercial-General Business in Allegan Township.
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Financials
Finance Data Year |
2012 |
Real Estate Taxes - Annual($) |
$12,548 (Annual) |
Additional Details
Nearest MSA: |
Allegan |
County: |
Allegan |
Submarket/Township: |
Other area |
Taxing Authority: |
Allegan, Township of |
Tax ID/APN: |
03-01-034-104-00; 03-01-034-105-00 |
Zoning: |
C-2, COMMERCIAL-GENERAL BUSINESS |
Property Located Between: |
26th Street & 5th Street |
Highway Access: |
Located on M-89 Highway. |
Area Description: |
Located east of downtown Allegan. |
Tenancy: |
Single Tenant |
Total Number of Buildings: |
2 |
Number of Stories: |
1 |
Year Built: |
1980 |
Roof Type: |
Folded Plate |
Construction/Siding: |
Metal Siding, Steel Frame |
Parking Type: |
Surface |
Parking Description: |
Large display/parking surface. |
Overhead Cranes: |
Undisclosed |
Amps: |
600 |
Volts: |
250 |
X-Phase: |
3 |
Heat Type: |
Natural Gas, Suspended Radiant Heaters |
Heat Source: |
Central, Radiant |
Air Conditioning: |
Package Unit |
Zoning Description: |
C-2, Commercial-General Business |
Lot Frontage: |
419.26 |
Lot Depth: |
539.89 |
Water Service: |
Municipal |
Sewer Type: |
Municipal |
Legal Description: |
Attached |
Demographic Statistics
Proximity: |
3 miles |
5 miles |
Total Population: |
7,569 |
14,300 |
Median Age: |
37.12 |
40.02 |
Households: |
2,996 |
5,506 |
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Neither Commercial Alliance of REALTORS West Michigan nor
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