3550 Airline Rd

Industrial for Sale
Catylist Listing ID: 30361875
Property Subtypes: Free-Standing, Light Industrial
Building Size (RSF): 12,588 SF
Gross Building Area: See Agent
Gross Land Area: 2.33 Acres
Sale Price: $449,000
Unit Price: $35.67 PSF
Ceiling: 14 ft.
Docks/Doors: 2 Doors
Office SF: 500 SF
Property Use Type: Vacant/Owner-User
Usable Size (USF): 12,588 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 5/14/2019

Overview / Comments

The property located at 3550 Airline Rd, Norton Shores, Muskegon has been used as an auto dealership for many many years. The facility features an excellent showroom area, a small office area, and a wide open maintenance garage suitable for a wide variety of uses. The facility features drive-thru capabilities and has a large paved asphalt lot for display area requirements
The property is 2.3 acres and offers some additional cold storage facilities to the rear. The property also fronts a side street offering access from two different ingress/egress points.
The facility is located in an area of a number of high quality service businesses and is an excellent opportunity to be located on one of Muskegon’s highest profile sites. There is an existing tenant in place who may be willing to stay for the right set of ownership circumstances. This facility will not last long.

Financials

Finance Data Year 2018
Real Estate Taxes - Annual($) $6,156 (Annual)
Assessed Value - Total($) $105,200 (Annual)

Additional Details

Nearest MSA: Muskegon
County: Muskegon
Taxing Authority: City of Norton Shores
Tax ID/APN: 61-27-108-200-0009-00
Zoning: C-3
Property Located Between: S Getty St and E Norton Ave
Highway Access: 0.67 Miles to US-31 and 2.20 Miles to I-96
Airports: Muskegon County Airport
Tenancy: Single Tenant
Total Number of Buildings: 3
Number of Stories: 1
Property Condition: Excellent
Year Built: 1945
Year Renovated: 1979
Roof Type: Flat
Construction/Siding: Block, Concrete, Steel Frame
Parking Type: Surface
Parking Description: On-site
Overhead Cranes: Undisclosed
Volts: 480
Heat Type: Steam
Air Conditioning: Engineered System
Lighting: High Pressure Sodium
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 6,569 65,317 104,594
Median Age: 34.65 36.84 37.42
Households: 2,693 24,250 40,234
The information presented herein is provided as is, without warranty of any kind. Neither Commercial Alliance of REALTORS West Michigan nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.