Warehouse Facility–West Branch

Industrial for Sale
Catylist Listing ID: 30262696
Property Subtypes: Light Industrial, Warehouse/Distribution
Building Size (RSF): 10,293 SF
Gross Building Area: See Agent
Gross Land Area: 1.40 Acres
Sale Price: $285,000
Unit Price: $27.69 PSF
Ceiling: 28 ft. / 18 ft. Clear
Docks/Doors: 2 Docks
Office SF: 800 SF
Drive In Bays: 2 Bays
Property Use Type: Investment, Vacant/Owner-User, Business
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 9/18/2018

Overview / Comments

Central location of West Branch for convenient access to I-75 from either of the two exits. Two docks and two drive in doors with 13' to 28' ceiling height. Recent upgrades include exterior concrete, parking lot, interior and exterior LED lighting, exhaust fans, fire alarm system with smoke and heat sensors and office space. Site is fenced in for security.

Financials

Finance Data Year 2017
Real Estate Taxes - Annual($) $6,256 (Annual)
Tax Value Land $111,994
Assessed Value - Total($) $139,900 (Annual)

Additional Details

Nearest MSA: Bay City
County: Ogemaw
Taxing Authority: City of West Branch
Tax ID/APN: 052-308-005-00
Zoning: R-1
Highway Access: I-75--two exits
Area Description: Residential area.
Property Condition: Good
Year Built: 1955
Year Renovated: 1989
Roof Type: Flat
Construction/Siding: Block, Metal Siding
Parking Type: Surface
Overhead Cranes: Undisclosed
Sprinklers: None
Amps: 200
Heat Type: Natural Gas
Heat Source: Baseboard, Ceiling Units
Lighting: Other
Zoning Description: R-1 special non-conforming
Lot Frontage: 165
Lot Depth: 293
Water Service: Municipal
Sewer Type: Municipal
Land Ownership: Owned
Legal Description: CWB-E 05-8 183-75 257-710 SUP OR PEOPLES 2nd ADD LOTS 5 & 6 & N 1/2 OF LOT 4 BLK 8 & COM AT INT OF W LINE OF BLK 6 & N LINE OF STATE RD TH S 65 DEG 47'W 505.8 FT

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 1,249 3,499 5,904
Median Age: 39.29 44 43.23
Households: 559 1,537 2,481

Contact

Photograph of Listing Agent

Sandra J. Covaleski, CCIM

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