2707 & 2723 E Michigan Avenue

Industrial for Sale
Sale Pending
Catylist Listing ID: 29983949
Property Subtypes: Free-Standing, Manufacturing, Light Industrial, Warehouse/Distribution
Status: Pending
Building Size (RSF): 20,864 SF
Gross Building Area: See Agent
Gross Land Area: 9.03 SF
Sale Price: $470,000
Unit Price: $22.53 PSF
Ceiling: 14 ft.
Docks/Doors: 5 Doors
Property Use Type: Vacant/Owner-User
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 5/24/2017

Overview / Comments

Over 9 acres of cement storage yard, 36 camera surveillance system, 100% security fence, plus rented electric fence, 70' Truck scale. Clean retail store front, decent offices with full kitchen, warehouse has two (2) buss bars for manufacturing, ample power, several wide overhead doors. One 1-ton jib crane, and several former salvage yard equipment on-site that is available separately i.e. 3,000 wheel stands, gas tank punch, fluid recovery system. rotary air compressor, etc.

Financials

Finance Data Year 2016
Real Estate Taxes - Annual($) $12,827 (Annual)
Assessed Value - Total($) $210,800 (Annual)

Additional Details

Nearest MSA: Kalamazoo-Portage
County: Kalamazoo
Taxing Authority: Kalamazoo Township
Tax ID/APN: 390624110020
Zoning: E AND D
Property Located Between: Lincoln and Nazareth
Tenancy: Single Tenant
Total Number of Buildings: 2
Number of Stories: 1
Property Condition: Average
Year Built: 1950
Year Renovated: 2003
Construction/Siding: Block, Metal Siding, Steel Frame
Parking Type: Surface
Overhead Cranes: 1
X-Phase: 3
Lot Frontage: 915.67
Lot Depth: 290
Water Service: Municipal
Sewer Type: Municipal
Legal Description: On file.

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 8,340 65,271 140,875
Median Age: 30.79 33.29 33.65
Households: 2,884 26,357 56,613
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