2.34 with Multiple Buildings

Industrial for Sale
Catylist Listing ID: 30459230
Property Subtypes: Cold Storage, Free-Standing, Light Industrial, Warehouse/Distribution, Other
Building Size (RSF): 20,675 SF
Gross Building Area: See Agent
Gross Land Area: 2.34 Acres
Sale Price: $319,000
Unit Price: $15.43 PSF
Ceiling: 12 ft.
Drive In Bays: 3 Bays
Property Use Type: Investment, Vacant/Owner-User, Business
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 8/13/2019

Overview / Comments

This site has four buildings with a fenced perimeter for security. Two front buildings are connected with 13,775 SF and roof replacement/repair in approximately 2016. The pole building (building B) to the south is 3,200 SF with three overhead doors, 14' x 24' on the east side and 12' x 12' on the north and west sides. The 3,700 SF south building is the original Merritt Township Hall with an enclosed lean to addition to the east and a 12' overhead door. There is also a 40 ton A/C unit that was previously used to cool potatoes with semi truck hook up. Building A has a loading dock and an exterior concrete loading pad is to the east for unloading as well. Rail access is available to the east. Three phase power.

Financials

Finance Data Year 2018
Real Estate Taxes - Annual($) $3,205 (Annual)
Tax Value Land $66,365
Assessed Value - Total($) $68,050 (Annual)

Additional Details

Nearest MSA: Bay City
County: Bay
Taxing Authority: Merritt Township
Tax ID/APN: 009-M20-000-027-00
Zoning: INDUSTRIAL
Rail Access: Yes
Property Condition: Average
Construction/Siding: Metal Siding
Parking Type: Surface
Overhead Cranes: Undisclosed
Zoning Description: Industrial
Water Service: Municipal
Sewer Type: Septic
Land Ownership: Owned
Legal Description: COM 631.30 FT E & 33 FT S OF NW COR OF SEC TH E 207.06 FT TH S 41D 58M E 369.05 FT ALG SWLY ROW LI MCRR TH S 84D 22M W 463.82 FT TH N 154.85 FT TH E 6 FT TH N 165 FT TO BEG. BEING PT OF NW 1/4 OF NW 1/4 SEC.21,T13N,RR6E & ENTIRE LOT 27 & E 60 FT OF LOT 26 VILLAGE OF MUNGER, L4/P15 BCR

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 1,958 12,575
Median Age: 42.91 44.3
Households: 763 5,483

Contact

Photograph of Listing Agent

Sandra J. Covaleski, CCIM

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