Warehouse For Sale

Industrial for Sale
Sale Pending
Also listed as Retail-Commercial
Catylist Listing ID: 30624674
Property Subtypes: Cold Storage, Free-Standing, Warehouse/Distribution, General
Status: Pending
Building Size (RSF): 5,060 SF
Gross Land Area: 0.26 Acres
Sale Price: $349,000
Unit Price: $68.97 PSF
Ceiling: 12 ft. Clear
Docks/Doors: 3 Doors
Office SF: 1,000 SF
Property Use Type: Vacant/Owner-User
Sale Terms: Cash to Seller, Purchase Money Mortgage
Cap Rate: Undisclosed
Last Updated: 7/10/2020

Overview / Comments

Great opportunity to own near the corner of Kalamazoo Ave / 28th Street. Building is of cement block construction, has ceiling heights ranging from 9' - 20' clear, and boasts a 2,500 SF load bearing mezzanine. Building currently has two sections. 3,268 SF warehouse and 2,500 SF mezzanine area are vacant. This section has roughly 400 SF of office space, and has two doors, one 14ft and the other 8ft. Both are 12ft wide. The other section is 1,792 SF, with an additional 1,792 SF basement, 600 SF of office space, 12ft ceilings, and a 9ft x 8ft door. This section is air conditioned, and is currently occupied by a tenant.

Additional Details

Nearest MSA: Grand Rapids-Kentwood
County: Kent
Submarket/Township: 28th Street Central
Taxing Authority: Grand Rapids
Tax ID/APN: 41-18-17-202-015
Zoning: C
Tenancy: Multiple Tenants
Total Number of Buildings: 1
Number of Stories: 1
Year Built: 1968
Construction/Siding: Block
Parking Type: Surface
Overhead Cranes: Undisclosed
Zoning Description: Commercial

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 16,253 134,377 292,166
Median Age: 36.06 32.7 33.09
Households: 6,550 48,878 111,413
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.