2851 Buchanan Ave SW

Industrial for Sale
Catylist Listing ID: 30321943
Property Subtypes: Free-Standing, Manufacturing, Light Industrial, Warehouse/Distribution, General
Building Size (RSF): 57,580 SF
Gross Land Area: 2.19 Acres
Sale Price: $2,250,000
Unit Price: $39.08 PSF
Ceiling: 24 ft. / 20 ft. Clear
Docks/Doors: 3 Docks, 2 Doors
Office SF: 11,000 SF
Drive In Bays: 3 Bays
Property Use Type: Vacant/Owner-User
Usable Size (USF): 57,580 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 9/20/2018

Overview / Comments

Great central location, located less than half a mile from US 131. Nice, block industrial building. 3 loading docks, 2 drive-in doors. 11,000 sq ft of the warehouse area is fully air-conditioned. Could easily be split into 2 or 3 units. Also available for lease.

Financials

Finance Data Year 2012
Real Estate Taxes - Annual($) $28,121 (Annual)

Additional Details

Nearest MSA: Grand Rapids-Wyoming
County: Kent
Submarket/Township: 28th Street Central
Taxing Authority: City of Wyoming
Tax ID/APN: 41-17-13-201-019
Zoning: B-2
Airports: Gerald R Ford International
Site Description: 6" concrete floors; See attached. In LO & AO
Area Description: DIRECTIONS: 131 TO 28TH ST E TO BUCHANAN S TO PROPERTY
Tenancy: Single Tenant
Number of Stories: 2
Typical SF / Floor: 57,580 SF
Property Condition: Average
Year Built: 1981
Construction/Siding: Block
Parking Type: Surface
Total Parking Spaces: 56
Eave Height: 20
Overhead Cranes: Undisclosed
Sprinklers: Wet
Amps: 400
Volts: 240
X-Phase: 3
Heat Type: Natural Gas
Heat Source: Central
Air Conditioning: Engineered System
Lighting: Fluorescent
Water Service: Municipal
Sewer Type: Municipal

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 21,070 148,845 306,821
Median Age: 31.1 31.95 33.24
Households: 7,352 53,879 116,532
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.