Ithaca Industrial Parkway Building For Sale

Industrial for Sale
Catylist Listing ID: 29999991
Property Subtypes: Flex Space, Free-Standing, Industrial-Business Park, Manufacturing, Light Industrial, Research & Development, Truck Terminal, Warehouse/Distribution
Building Size (RSF): 8,400 SF
Gross Land Area: 2.50 Acres
Sale Price: $225,000
Unit Price: $26.79 PSF
Ceiling: 16 ft.
Docks/Doors: 1 Dock, 1 Door
Drive In Bays: 2 Bays
Property Use Type: Vacant/Owner-User
Usable Size (USF): 8,400 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 10/21/2016

Overview / Comments

165 Industrial Parkway is a 8,400 Square Foot Industrial Building of Steel Frame and Metal Sided Building Located in the Ithaca Industrial Park which Sets on the Northeast Corner of the City of Ithaca. The Building Features (2) Overhead Grade Level Doorways with the East Door being 10' Wide X 14' High and the North Door being 11'10" X 14' High. The Building is Served by (1) Dock High Doorway and Concrete Truck Well. The Building is Served by 600 Amps of 480 Secondary Electrical Power.

Additional Details

Nearest MSA: Alma
County: Gratiot
Taxing Authority: City of Ithaca Michigan
Tax ID/APN: 52-060-065-15
Property Located Between: US-127 N to E Washington Road in City of Ithaca.
Highway Access: Take exit 117 from US-127 Expressway West 1/4 Mile to Industrial Parkway, then North to Building on Left.
Airports: Gratiot County Airport
Site Description: Site is a Level and Corner Location At Industrial Parkway and Avenue A in an Area of Multiple Industrial Buildings. The Industrial Park is Bordered by the US 127 Expressway to the East and is within 1/2 Mile of Expressway Ramp 117.
Area Description: Ithaca is Home to the Gratiot County Seat and is Located Approximately 35 Miles North of the Michigan Capital City of Lansing.
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 8,400 SF
Property Condition: Good
Roof Type: Gable
Construction/Siding: Metal Siding, Steel Frame
Exterior Description: Clean Exterior with Common Utility Entry Point, Large Transformer Pad, Large Lawn Area, a Paved Area of 0.4 Acres and Concrete Truck Well Approach. The Building is Rectangular and Situated for Easy Access and Maneuverability.
Parking Type: Surface
Eave Height: 16
Overhead Cranes: Undisclosed
X-Phase: 3 Phase
Heat Type: Natural Gas
Heat Source: Ceiling Units
Lighting: Fluorescent
Internet Access: Cable
Zoning Description: Industrial
Lot Frontage (Feet): 575
Lot Depth: 190
Water Service: Municipal
Sewer Type: Municipal
Land Ownership: Private Owner
Legal Description: WD L 446 P 374 ITHACA INDUSTRIAL PARK NO 1 LOT 5

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 2,317 4,411 8,249
Median Age: 39.22 40.19 38.68
Households: 955 1,755 3,271


Photograph of Listing Agent

Jeffrey R. Bean

CPIX Member
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