Dundee Business Center

Industrial for Sale
Catylist Listing ID: 30004101
Property Subtypes: Industrial-Business Park, Manufacturing, Research & Development, Warehouse/Distribution, Other
Building Size (RSF): 89,360 SF
Gross Building Area: See Agent
Gross Land Area: 9.94 Acres
Sale Price: $4,500,000
Unit Price: $50.36 PSF
Ceiling: 22 ft. / 17 ft. Clear
Docks/Doors: 5 Docks
Office SF: 12,000 SF
Drive In Bays: 5 Bays
Property Use Type: Vacant/Owner-User
Building Name: Dundee Business Center
Sale Terms: Other
Cap Rate: Undisclosed
Last Updated: 11/20/2017

Overview / Comments

Exceptional quality with significant acreage available for possible building expansion. Extensive interior and exterior renovations made in 2016 including epoxy shop floors, remodeled men's and women's locker rooms, new transformer, new concrete shipping/receiving area, and new concrete and asphalt parking lot drive lanes. Located just off US-23 exit 17 with close proximity to Ann Arbor. Suitable for light manufacturing, warehousing and research and development with many areas of the building climate controlled. Main building is 88,095 sq. ft. and hazmat storage building is 1,265 sq. ft. (1) 10-Ton crane, with buss duct, that is 16' 11" under hook. Office, machine shop and R&D areas air-conditioned. 2016 Real estate taxes are $55,682.12 ($0.62 sq. ft.)

Financials

Finance Data Year 2016
Real Estate Taxes - Annual($) $55,682 (Annual)

Additional Details

Nearest MSA: Monroe
County: Monroe
Submarket/Township: Monroe County
Tax ID/APN: 42-040-380-00
Zoning: M-1, LT./MED MFG.
Property Located Between: E. off Ann Arbor Rd./North of M-50
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 89,360 SF
Year Built: 1990
Year Renovated: 2016
Roof Type: Other
Exterior Description: Block/Metal
Parking Type: Surface
Total Parking Spaces: 95
Overhead Cranes: 1
Amps: 1,200
Volts: 480
X-Phase: 3
Heat Type: Natural Gas
Heat Source: Other
Air Conditioning: Other
Lighting: Metal Halide

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 1,783 6,759 13,430
Median Age: 33.38 37.98 39.3
Households: 724 2,565 5,013
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