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$ 1,399,000
Est. payment | /mo
8,000 SqFt
$ 1,399,000
Est. payment | /mo
8,000 SqFt
Key Details
Property Type Commercial
Sub Type Commercial/Industrial
Listing Status Active
Purchase Type For Sale
Square Footage 8,000 sqft
Price per Sqft $174
Subdivision Mi
MLS Listing ID 60923009
Annual Tax Amount $12,055
Lot Size 2.750 Acres
Acres 2.75
Lot Dimensions 200 x 600
Property Sub-Type Commercial/Industrial
Property Description
Investment opportunity and great location with 200 ft road frontage on N. Sate Rd (M15), just north of the City of Davison, high traffic count, and zoned Commercial/Industrial. The property has 2.75 acres with an existing 8,000 sq ft building generating income with an existing lease. The return on investment is an 8% cap rate. This listing is for Real Estate only. The current tenant is a Heating and Cooling Sales and Service business. The building has 2,600 sq ft of office and showroom space, and 5,400 sq ft of warehouse space. 4,000 sq ft of the building has heat and air conditioning, and 4,000 sq ft has heat and supplemental air conditioning. Built in 2003.
Location
State MI
County Genesee
Area Richfield Twp (25015)
Zoning Commercial
Exterior
Roof Type Metal
Building
Foundation Slab
Water Public Water
Others
Ownership Private
Energy Description Natural Gas
Financing Cash,Conventional
Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.
Listed by New Michigan Realty
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