Flex/Office/High Tech Mfg Space - 231, 245-255 Colrain St SW

Office for Sale
Sale Pending/Contingent
Also listed as Industrial
Catylist Listing ID: 30041000
Property Subtypes: Office Building, Research & Development, Other
Status: Pending/Contingent
Building Size (RSF): 17,544 SF
Gross Land Area: 1.82 Acres
Sale Price: $525,000
Unit Price: $29.92 PSF
Ceiling: 11 ft.
Property Use Type: Vacant/Owner-User
Class of Space: Class C
Usable Size (USF): 17,544 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 5/20/2019

Overview / Comments

Currently set up as office space but could easily convert to a flex/high tech manufacturing space. Zoning is industrial and many interior walls could be removed to create more 'open' heated/air conditioned high tech manufacturing space. Existing loading dock. Easily could add overhead doors. Ceilings 10-11 feet.

Office space in great condition and "move-in" ready! Nice mix of private offices, conference rooms, and open area. Easy access to 131 via 28th St exit. Plenty of free parking!


Finance Data Year 2010
Real Estate Taxes - Annual($) $420,700 (Annual)

Additional Details

Nearest MSA: Grand Rapids-Wyoming
County: Kent
Submarket/Township: 28th Street Central
Taxing Authority: City of Wyoming
Tax ID/APN: 41-17-13-201-021 & 020
Zoning: I1
Property Located Between: 28th and 36th just off from Buchanan
Highway Access: US 131
Airports: Gerald R Ford International Airport
Site Description: PART OF NE 1/4 COM 593 FT S & 340 FT W FROM NE COR OF W 1/2 NE 1/4 TH S 187.8 FT TO A PT 115 FT N FROM N LINE OF COLRAIN ST /66 FT WIDE/ TH W 57.5 FT TH S 115 FT TO N LINE OF SD ST TH W ALONG SD N LINE 202.74 FT TO A PT 714 FT E FROM N&S 1/4 LINE TH N PAR
Area Description: DIRECTIONS: US 131 to 28th St, E to Buchanan, S to Colrain, W to property
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 17,544 SF
Year Built: 1967
Parking Type: Surface
Heat Type: Natural Gas
Heat Source: Central
Air Conditioning: Engineered System
Lot Frontage: 200
Lot Depth: 300
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 18,247 148,845 305,097
Median Age: 30.76 31.95 33.28
Households: 6,274 53,879 115,700
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.