416 E Ransom St

Industrial for Sale
Sale Pending
Catylist Listing ID: 28881919
Property Subtypes: Free-Standing, Light Industrial, Warehouse/Distribution, Other
Status: Pending
Building Size (RSF): 19,839 SF
Gross Land Area: 1.34 Acres
Sale Price: $385,000
Unit Price: $19.41 PSF
Ceiling: 12 ft.
Docks/Doors: 1 Dock, 1 Door
Office SF: 3,300 SF
Property Use Type: Investment, Vacant/Owner-User
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 6/28/2017

Overview / Comments

Industrial Investment property. Best for user/occupant buyer with good income stream from current tenants. Building is currently approximately 60% occupied. Extra freestanding garage with fenced in area of approximately 0.70 acres. Building has been very well kept and has some unique warehousing space available. Partially air conditioned. Renovated in 2010. Vacant/available space is approximately 1,250 Sq. Ft. of office and 6,200 Sq. Ft. of warehouse space. Fire sprinklered throughout.

Financials

Finance Data Year 2013
Real Estate Taxes - Annual($) $9,146 (Annual)
Assessed Value - Total($) $129,400 (Annual)

Additional Details

Nearest MSA: Kalamazoo-Portage
County: Kalamazoo
Tax ID/APN: 390615272002-004, 109
Zoning: M-1
Property Located Between: Porter & Walbridge
Tenancy: Multiple Tenants
Total Number of Buildings: 2
Number of Stories: 1
Year Built: 1906
Year Renovated: 2010
Roof Type: Other
Construction/Siding: Block, Brick, Stone
Parking Type: Surface
Overhead Cranes: Undisclosed
Volts: 220
X-Phase: 3
Heat Type: Gas
Heat Source: Other
Air Conditioning: Other
Lot Frontage: 175
Lot Depth: 310

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 14,673 87,610 145,539
Median Age: 27.52 31.36 32.96
Households: 5,695 34,168 59,327

Source

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