Michael Industries

Industrial for Sale
Sale Pending/Contingent
Catylist Listing ID: 29935531
Property Subtypes: Free-Standing, Manufacturing, Light Industrial, Warehouse/Distribution
Status: Pending/Contingent
Building Size (RSF): 11,988 SF
Gross Land Area: 5.61 Acres
Sale Price: $275,000
Unit Price: $22.94 PSF
Ceiling: 14 ft. / 12 ft. Clear
Docks/Doors: 1 Dock, 4 Doors
Office SF: 2,000 SF
Drive In Bays: 4 Bays
Property Use Type: Vacant/Owner-User
Building Name: Michael Industries
Usable Size (USF): 11,500 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 3/23/2017

Overview / Comments

Well maintained building having 9,000 sqft of production/warehouse space and 2,000 sqft of office space, zoned light Industrial on US-127 in Hudson Township. This building is also for lease @ $3-$4 psf NNN. 12 Ton HVAC and 13 Ton HVAC units in shop area, separate Furnace and A/C for office. Entire building is well insulated, Large separate Mens / Womens restrooms in shop area with large sink. Small quality control room located in shop area.

Additional Details

Nearest MSA: Adrian
County: Lenawee
Taxing Authority: Hudson Township
Tax ID/APN: HDO-118-1040-00
Property Located Between: Day Rd. and M-34
Highway Access: Frontage on US-127
Airports: Hilsdale
Site Description: Generally flat
Area Description: Rural
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 11,000 SF
Property Condition: Excellent
Year Built: 1999
Roof Type: Arched
Construction/Siding: Metal Siding
Parking Type: Surface
Parking Description: Gravel
Total Parking Spaces: 25
Eave Height: 12
Column Spacing: Clear
Overhead Cranes: Undisclosed
Sprinklers: None
Amps: 600
Volts: 440
X-Phase: 3
Heat Type: Natural Gas
Heat Source: Central
Air Conditioning: Other
Lighting: Fluorescent
Interior Description: concrete floors, fully insulated, metal walls, neat and clean
Zoning Description: Light Manufacturing
Lot Frontage: 400
Lot Depth: 611
Water Service: Well
Sewer Type: Septic
Easements: Other

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 1,148 3,950 5,758
Median Age: 37.6 39.61 41.74
Households: 444 1,529 2,262


Photograph of Listing Agent

Patrick J. Hoffman, CCIM

Howard Hanna CPIX Member
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