2625 E. Michigan Avenue

Industrial for Sale
Catylist Listing ID: 29967520
Property Subtypes: Free-Standing, Warehouse/Distribution, Other
Building Size (RSF): 25,577 SF
Gross Building Area: See Agent
Gross Land Area: 5.31 SF
Sale Price: $1,150,000
Unit Price: $44.96 PSF
Ceiling: 30 ft. / 25 ft. Clear
Docks/Doors: 2 Docks
Office SF: 9,687 SF
Drive In Bays: 2 Bays
Property Use Type: Vacant/Owner-User
Sale Terms: Other
Cap Rate: Undisclosed
Last Updated: 11/18/2016

Overview / Comments

Newer functional building with high ceilings. High image, new office. Includes vacant land to the west of the building. (2) 9 x 10 truckwells depressed with levelers. Restrooms located both upstairs and downstairs in office. Additional restrooms with showers are in shop area. Total power service to the building is 600 Amps. It is broken down into two different 250 Amp panels. City water.
Both the first and second floor offices have 110 Amp service each. Building has a 87 KW generator. Yearly insurance $2,681.00.

Financials

Finance Data Year 2015
Real Estate Taxes - Annual($) $25,000 (Annual)

Additional Details

Nearest MSA: Ann Arbor
County: Washtenaw
Submarket/Township: Washtenaw E of 23
Tax ID/APN: 11-01-340-040
Zoning: B-3
Property Located Between: Ridge Road and Ford Boulevard
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 2
Year Built: 2002
Exterior Description: Masonry
Parking Type: Surface
Parking Description: Ample Parking
Total Parking Spaces: 41
Overhead Cranes: Undisclosed
Sprinklers: None
Amps: 600
X-Phase: 3
Heat Type: Other
Heat Source: Radiant
Air Conditioning: Other


Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 5,190 52,052 144,209
Median Age: 34.26 34.37 35.37
Households: 2,151 22,069 56,592

Contact

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