Special Purpose for Sale
Catylist Listing ID: 30263469
Building Status: Under Construction
Building Size (RSF): 4,484 SF
Gross Land Area: 18,200 SF
Sale Price: $285,000
Ceiling: 15 ft.
In Opportunity Zone? Yes
Property Use Type: Vacant/Owner-User
Sale Terms: Cash to Seller, Purchase Money Mortgage
Cap Rate: Undisclosed
Last Updated: 2/11/2020

Overview / Comments

Primary building is 50 X 80 feet with 4 12 X 14 foot overhead doors. It is divided into 2 units. The north 1/2 of the building is leased. The leased portion has a 12 X 18 foot office area on a mezzanine level. Each unit has a private entrance. Built in 2016, this is an outstanding building. Also included a separate office building with bathroom 20 X 24 is presently leased. It is located at the property entrance and was completely rebuilt in 2017 and is very efficient. Convenient location. There are 2 other buildings that can be included at an additional price. There is a 28 X 36 building and a 50 X 70 foot building available.

Additional Details

Nearest MSA: Sault Ste. Marie
County: Chippewa
Tax ID/APN: 051-751-013-00
Property Visibility: Excellent
Largest Nearby Street: Easterday Ave
Feet of Frontage: 100
Traffic/Vehicle Count: 100
Total Number of Buildings: 2
Number of Stories: 1
Typical SF / Floor: 4,484 SF
Property Condition: Excellent
Year Built: 2016
Year Renovated: 2016
Construction/Siding: Vinyl Siding
Parking Type: Surface
Heat Type: Natural Gas
Heat Source: Radiant
Internet Access: Cable, DSL
Zoning Description: Light industrial with special permission.
Lot Frontage: 100
Lot Depth: 182
Water Service: Municipal
Sewer Type: Municipal
Legal Description: ST PAUL ADDITION LOTS 13 TO 15 INCL BLK 1; INCL 1/2 ADJ ALLEY VACATED 6-15-2015- L1207/ P512

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 6,909 12,567 15,285
Median Age: 34.11 35.18 36.02
Households: 3,214 5,397 6,448
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