1240 E Houghton Lake Rd - Warehouse FOR SALE


Lake City, MI 49651
$475,000 USD
616-831-9900
1240 E Houghton Lake Rd, Lake City, MI for Sale
$475,000 USD
Warehouse - FOR SALE
1/11
null | Request Cap Rate

1240 E Houghton Lake Rd
Lake City, MI 49651


OVERVIEW

Available for sale or lease and located along Houghton Lake Road, a prominent stretch of state highway M-55, this expansive 20-acre property offers a unique opportunity for commercial or industrial development. The site features two industrial pole buildings encompassing 12,141 square feet, ideal for manufacturing, warehousing, or indoor storage. There’s also 1,000 square feet of office space that could alternately serve as a living area. Lease Information : Lease Type: Triple Net Lease Rate: $ 3,500.00/month Lease Terms: 48 months

FOR SALE DETAILS

PRICE

$475,000 USD

PRICE/SF

$36 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1977

UTILITIES

-

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

20.02

LAND SF

872,053

ZONING

-

APN/PARCEL ID

001-005-006-50

ASK ABOUT THIS PROPERTY

Rob AndersonEquity Group Of Michigan LLCMore Info
616-831-9900

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Rob AndersonEquity Group Of Michigan LLCMore Info
616-831-9900

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.