Office Building For Sale

Office for Sale
Catylist Listing ID: 30000320
Property Subtypes: Business Park, Office Building
Building Size (RSF): 4,956 SF
Gross Land Area: 0.73 Acres
Sale Price: $329,000 - 329,900
Unit Price: $66.38 - 66.57 PSF
Ceiling: 8 ft.
Property Use Type: Vacant/Owner-User
Building Name: Building #20
Class of Space: Class B
Usable Size (USF): 4,956 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 9/29/2016

Overview / Comments

4,956 square foot office building located in the Crown Pointe Office Park in Dewitt Township. Brick exterior. Constructed in 1995. Excellent condition. Ideal for single user or user with a tenant. Four separate HVAC units allow for separate zoning. Current build out is offices on one side, large open area on the other. Property is within two miles of I-69/ US 27 interchange. Property could also be leased at $11.00 per square foot modified gross.

Financials

Finance Data Year 2015
Real Estate Taxes - Annual($) $7,950 (Annual)
Assessed Value - Total($) $278,800 (Annual)

Additional Details

Nearest MSA: Lansing-East Lansing
County: Ingham
Taxing Authority: Dewitt Charter Township
Tax ID/APN: 050-130-000-001-52
Zoning: BC
Property Located Between: State Road and I-69
Property Visibility: Good
Highway Access: On US 27 Business Route two miles south of I-69 interchange.
Airports: Close to Capitol Region Airport in Lansing
Site Description: Building is located in office park but has its' own separate lot. Cross easements for total access of site. Backs up to natural area.
Area Description: High traffic area on major north/south artery of Greater Lansing market area. Mixed office/retail/ industrial in immediate market area.
Total Number of Buildings: 1
Number of Stories: 1
Year Built: 1995
Roof Type: Hip
Construction/Siding: Brick/Vinyl Siding
Exterior Description: Brick exterior with lots of windows. Low maintenance exterior.
Parking Type: Surface
Parking Description: Parking directly in front of the building along with common parking spots out front.
Sprinklers: None
Heat Type: Natural Gas
Heat Source: Central
Air Conditioning: Package Unit
Internet Access: Cable, DSL, ISDN
Interior Description: Typical Class B office finishes. Common area men's and women's accessible restrooms. Flexible floor plan.
Zoning Description: BC
Water Service: Municipal
Sewer Type: Municipal
Easements: Ingress/Egress, Utilities
Easements Description: Cross easements exist for multi building office park.
Land Ownership: Fee simple
Legal Description: Metes and bounds. Contact listing agent

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 2,518 48,667 157,773
Median Age: 41.49 34.67 33.13
Households: 1,090 20,807 61,215

Contact

Photograph of Listing Agent

Timothy M. Guyselman

Guyselman Commercial Properties LLC
CPIX Member
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