4700 36th St SE

Industrial for Sale
Sale Pending
Catylist Listing ID: 30179742
Property Subtypes: Flex Space, Manufacturing, Mixed Use, Light Industrial, General
Status: Pending
Building Size (RSF): 8,800 SF
Gross Land Area: 1.50 Acres
Sale Price: $595,000
Unit Price: $67.61 PSF
Ceiling: 20 ft. / 9 ft. Clear
Docks/Doors: 1 Dock, 1 Door
Drive In Bays: 1 Bay
Property Use Type: Investment
Sale Terms: Cash to Seller, Purchase Money Mortgage
Cap Rate: Undisclosed
Last Updated: 3/21/2018

Overview / Comments

Great investment opportunity fully leased Industrial building near the corner of 36th and Patterson. 2 Tenants in the building- one has been in that location for 15 years. Building has 2 floors of office both producing income and separately metered with gas and electric. 2 Restrooms on each floor. 1 loading dock and one grade level door, 20’ ceilings, clear span, 100% air conditioning, heavy power, and room for a 4,000SF addition. 6,400 SF on main floor and 2,400 SF on upper floor. Standing seam metal roof with new membrane in 2009.

One Tenant has Right of First Refusal to Purchase.

Please don’t bother tenants in building.

Contact listing broker for more information.

Additional Details

Nearest MSA: Grand Rapids-Wyoming
County: Kent
Submarket/Township: Airport District
Taxing Authority: City of Kentwood
Tax ID/APN: 41-18-24-200-098
Zoning: I-1
Airports: Gerald R Ford International
Tenancy: Multiple Tenants
Number of Stories: 2
Property Condition: Excellent
Year Built: 1976
Construction/Siding: Steel Frame
Overhead Cranes: Undisclosed
Amps: 800
Volts: 440
X-Phase: 3
Heat Type: Natural Gas
Water Service: Municipal
Sewer Type: Municipal

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 2,376 49,147 157,484
Median Age: 38.99 36.57 36.24
Households: 1,395 19,784 60,266
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