Auto & RV Storage and Salvage - Parts Distribution

Industrial for Sale
Catylist Listing ID: 30605589
Property Subtypes: Free-Standing, Mixed Use, Light Industrial, Warehouse/Distribution
Building Size (RSF): 12,200 SF
Gross Building Area: See Agent
Gross Land Area: 3.67 Acres
Sale Price: $179,900
Unit Price: $14.75 PSF
Ceiling: 20 ft. / 16 ft. Clear
Drive In Bays: 4 Bays
Property Use Type: Vacant/Owner-User
Sale Terms: Cash to Seller, Purchase Money Mortgage, Owner Financing
Cap Rate: Undisclosed
Last Updated: 8/10/2020

Overview / Comments

3 building Auto or RV storage and salvage yard. Previously operated as a successful used auto parts distribution hub. The northernmost building is entirely separated from the others and does have its own electrical meter, so there is the option to have multiple occupants. The main building has 3 phase power, overhead doors, office space, high efficiency heat, and is wired for a multi-line phone system. The fenced yard is enormous. The possibilities are endless. Seller would consider a land contract with a sizable downpayment.

Additional Details

Nearest MSA: Lansing-East Lansing
County: Shiawassee
Tax ID/APN: 008-15-100-002
Property Located Between: M-21 and Juddville Rd
Highway Access: Half mile off of M-21/Corunna Rd. Easy access to I-69 or I-75
Tenancy: Multiple Tenants
Total Number of Buildings: 3
Typical SF / Floor: 12,200 SF
Property Condition: Fair
Parking Type: Surface
Overhead Cranes: Undisclosed
Sprinklers: None
X-Phase: 3
Heat Type: Natural Gas, Suspended Radiant Heaters
Heat Source: Central, Ceiling Units
Lighting: Fluorescent, Other
Water Service: Well
Sewer Type: Septic
Legal Description: SEC 15, T7N, R4E COM ON W SEC LN 707.70 FT S FROM NW COR OF SEC, E 400 FT, S 400 FT, W 400 FT, N 400 FT TO BEG 3.6 ACRES

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 2,816 9,682
Median Age: 43.21 43.89
Households: 1,055 3,732

Contact

Photograph of Listing Agent

Michael Davidson

RE/MAX Right Choice
CPIX Member
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