3011 Mill Iron Rd S

Industrial for Sale
Catylist Listing ID: 30048762
Property Subtypes: Light Industrial, Warehouse/Distribution
Building Size (RSF): 85,480 SF
Gross Land Area: 17.90 Acres
Sale Price: $1,950,000
Unit Price: $22.81 PSF
Ceiling: 16 ft.
Docks/Doors: 3 Docks, 15 Doors
Property Use Type: Investment
Usable Size (USF): 85,480 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 1/18/2019

Overview / Comments

This Muskegon industrial property is a multi-tenant investment property offering various suites. The facility is fully leased. The buildings feature multiple overhead doors, loading docks, and significant clear-span space. The property offers good access to the Greater Muskegon area and is competitively priced and its leased spaces are competitively leased in full. This is an excellent opportunity to acquire a fully leased investment property and have the additional benefit of additional area for future buildings, expansion, and growth. The seller will sign a lease back for their space at close.

Additional Details

Nearest MSA: Muskegon
County: Muskegon
Taxing Authority: Fruitport Township
Tax ID/APN: 61-15-101-300-0003-00
Property Located Between: E Broadway Ave and Heights Ravenna Rd
Highway Access: 2.92 Miles to US 31
Airports: Muskegon County and Gerald R Ford International Airport
Tenancy: Multiple Tenants
Total Number of Buildings: 5
Number of Stories: 1
Property Condition: Excellent
Year Built: 2004
Construction/Siding: Steel Frame
Parking Type: Surface
Parking Description: On Site
Column Spacing: Clear Span
Overhead Cranes: Undisclosed
Sprinklers: None
Volts: 480
X-Phase: 3
Heat Type: Natural Gas
Heat Source: Central
Air Conditioning: Engineered System
Lighting: Fluorescent
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 1,483 28,495 83,502
Median Age: 37.73 38.72 36.15
Households: 541 9,599 30,665
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.