Opportunity Zone

Industrial for Sale
Sale Pending
Catylist Listing ID: 30479622
Property Subtypes: Free-Standing, Manufacturing, Light Industrial, Warehouse/Distribution
Status: Pending
Building Size (RSF): 147,883 SF
Gross Building Area: See Agent
Gross Land Area: 4 Acres
Sale Price: $3,500,000
Unit Price: $23.67 PSF
Ceiling: 14 ft. / 12 ft. Clear
Docks/Doors: 7 Docks
Drive In Bays: 7 Bays
In Opportunity Zone? Yes
Property Use Type: Vacant/Owner-User
Usable Size (USF): 147,883 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 7/10/2020

Overview / Comments

3 floors. 2 freight elevators to all 3 floors.
First floor has 5 docks accessible on west from Buchanan SW.
Main floor (Lower level) has 2 docks and east wall at grade so it had many drive in doors that now are filled in.
Part of construction is post and beam and part is steel supports with wood floor. Formerly used for furniture construction.

Additional Details

Nearest MSA: Grand Rapids-Kentwood
County: Kent
Submarket/Township: S 131 Corridor
Taxing Authority: city of Grand Rapids
Tax ID/APN: 41-17-01-277-011 - part of
Zoning: I-1
Tenancy: Single Tenant
Property Condition: Average
Roof Type: Flat
Construction/Siding: Brick
Parking Type: Surface
Freight Elevators: 2
Overhead Cranes: Undisclosed
Sprinklers: Wet, Dry
Volts: 440
X-Phase: 3
Heat Type: Natural Gas
Heat Source: Central
Air Conditioning: Engineered System
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 20,725 165,379 310,393
Median Age: 25 31.02 33.42
Households: 5,721 61,682 119,026
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.