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: $275,000
Unit Price: $13.30 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: 6/30/2020

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. 440 three phase power. Reduced from $319,000.


Finance Data Year 2019
Real Estate Taxes - Annual($) $3,292 (Annual)
Tax Value Land $67,957
Assessed Value - Total($) $76,500 (Annual)
Finance Data Year 2018
Real Estate Taxes - Annual($) $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
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


Photograph of Listing Agent

Sandra J. Covaleski, CCIM

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