$3,000,000
Reed City, MI 49677
MLS# 24005544
21670 sqft
1 / 67
Property Description
21,670 sq ft of industrial workspace sitting on 32 acres of land with 1000 ft of Lake No Sho Mo frontage near the intersection of US 131 & US 10. This property has two large buildings with fenced-in parking lot. 4 long term leases in-place with at least 6,000 sq ft of unoccupied space that has overhead cranes and many office space locations. AT&T Fiber Optic Internet. If you are interested and have the funding to purchase, make a reservation to set up a time to take a look. Give me a call for your personal tour.
Details
Maps
Location & Property Info
County: Osceola
Street #: 5438
Street Direction: S
Street Name: 220th
Suffix: Avenue
State: MI
Zip Code: 49677
Zip (4): 8293
Cross Streets: N of US 10 / S of 6 Mile Rd
Property Sub-Type: Industrial
Area: West Central - W
Municipality: Richmond Twp
Principal Road: Yes
Ownership Type: Private Owned
Office/Contract Info
Status: Active
Current Price: $3,000,000
List Price: $3,000,000
Auction or For Sale: For Sale
List Price/SqFt: 138.44
Prop Avail for Lease?: No
Sub Agency: 1
Sub Agency Type: %
Buyer Agency: 1
Buyer Agency Type: %
Trans Coord Type: %
Listing Date: 2024-01-31
Current Bldg Use: Industrial / Varied
General Property Info
New Construction: No
Lot Measurement: Acres
Lot Acres: 32.23
Lot Square Footage: 1403939
Lot Dimensions: 986 x 1277
Year Built: 1980
Road Frontage: 986
Mineral Rights: Unknown
Year Remodeled: 2004
Total # Units: 2
# Fin Bldg Lvls: 2
# of Diff Unit Floor Plans: 4
Total # Bldgs: 2
Total SqFt: 21670
Property Use Type: Investment
Full Baths: 4
Waterfront: Yes
Body of Water: Lake
School District: Reed City
Statewide Lakes & Rivers: Lake
Elementary School: G T Norman Elementary
Middle School: Reed City Middle School
High School: Reed City High School
Tax Info
Tax ID #: 13-004-011-10
Taxable Value: 192215
SEV: 218100
For Tax Year: 2023
Annual Property Tax: 8793
Tax Year: 2022
Spec Assessment & Type: None Known
Non-Conforming Use: No
Zoning: Ind Improved
Remarks & Misc
Legal: SEC 4 T17N R10W PT OF W 1/2 COM S0DEG42'22''W 12.72 FT FR W 1/4 COR, TH S89DEG48'09''E 633
Directions: US 131 to US 10 (Exit 153 / Reed City).
Turn E to the first traffic signal.
Turn N onto Patterson Rd (220th Ave).
Property is on the E side of the road (less than 1/2 mile north of US 10).
Additional Details
# Loading Docks/Well: 1
Total Parking Spaces: 400
Grd Lvl OH Doors: 15
Ceiling Height: 20
Waterfront Options
Water Access Y/N: No
Water Frontage: 1000
Property Features
Property Use: Business; Investment
Water Type: Lake; River
Water Fea. Amenities: No Wake; Private Frontage; View
Uses: Distribution; Manufacturing; Professional/Office; Storage; Other
Ownership: Proprietorship
Business Includes: Real Estate
Construction Type: Block; Concrete; Steel
Exterior Material: Block; Concrete; Metal Siding
Roofing: Metal; Rubber
Foundation: Slab
Below Grade: None
Additional Features: Bath Common Area; Expandable; Fenced Storage; Fire Sprinkler; Multi User Facility; Outdoor Storage; Over Head Crane; Util Sep Mt
Tenant Pays All: Electric; Gas
Sewer: Public
Water: Well
Utilities Attached: Cable; Electric; Natural Gas; Telephone
Util Avail at St: Cable; Electric; Natural Gas; Telephone
Heat Source: Natural Gas
Heat Type: Forced Air
Air Conditioning: Central Air
Driveway: Paved; Shared Unpaved
Street Type: Paved; Public
Purchase Terms Avail: Cash; Conventional
Docs at List Office: Aerial Photo
Docs Req Conf Agrmnt: Financials; Leases; Rent Roll
Sale Conditions: None
Listing Office: Crossroads Realty of Michigan
Listing Agent: Gary Bailey Sr
Last Updated: March - 08 - 2024
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