Industrial Building for Sale or Lease

Industrial for Sale
Catylist Listing ID: 30342236
Property Subtypes: Light Industrial
Building Size (RSF): 27,354 SF
Gross Building Area: See Agent
Gross Land Area: 1.23 Acres
Sale Price: $1,500,000
Unit Price: $54.84 PSF
Ceiling: 15 ft.
Docks/Doors: 2 Docks, 1 Door
Office SF: 1,300 SF
Drive In Bays: 1 Bay
Property Use Type: Vacant/Owner-User
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 8/8/2019

Overview / Comments

Great redevelopment site, just north of GVSU's new Finkelstein Health Services Complex, along north side of I-196. 27,354 SF brick and block building on 1.23 acre site. Building has 2 loading docks and 1 van height door. Currently used as a printing facility. 100% air conditioned and heated. Heavy electric. Original built in 1958 with additions in 1978, 1981, 1982, 1992. Each section is clear span. Also includes 700 & 704 Prospect Ave lots (PP#41-14-19-331-003 & 005) Occupancy December of 2019. Call Listing agent.

Additional Details

Nearest MSA: Grand Rapids-Kentwood
County: Kent
Submarket/Township: Northeast Business District
Tax ID/APN: 41-14-19-335-023
Zoning: SD-IT
Highway Access: I-196
Airports: Gerald R Ford International Airport
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 27,354 SF
Property Condition: Average
Year Built: 1958
Year Renovated: 1992
Roof Type: Flat
Construction/Siding: Block, Brick
Parking Type: Surface
Overhead Cranes: Undisclosed
Sprinklers: None
Amps: 400
Volts: 440
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: 22,732 148,974 277,988
Median Age: 28.82 31.9 33.52
Households: 10,566 56,503 106,305
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.