1675 Michigan St NE - Warehouse FOR SALE


Grand Rapids, MI 49503- Northeast Grand Rapids
$1,900,000 USD
616-235-6039
1675 Michigan St NE, Grand Rapids, MI for Sale
$1,900,000 USD
Warehouse - FOR SALE
1/1
null | Request Cap Rate

1675 Michigan St NE
Grand Rapids, MI 49503
Northeast Grand Rapids


OVERVIEW

Multi-unit building for sale. Five (5) tenants including current owner. Sale comes with all rental income. Join Dematic and Corewell Health in this well-established business corridor. Convenient access to I-196 and downtown Grand Rapids. Additional office unit currently available for lease. Owner is willing to sell his electrical business along with the building (listed separately). The building has an upgraded electrical system and ample parking. Leases are available with signed Confidentiality Agreement.

FOR SALE DETAILS

PRICE

$1,900,000 USD

PRICE/SF

$116 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1993

UTILITIES

-

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

4

PARKING SPACES

50

LAND DETAILS

LAND ACRES

1.03

LAND SF

44,867

ZONING

SD-NOS

APN/PARCEL ID

41-14-21-351-004

ASK ABOUT THIS PROPERTY

Peter CacheySignature AssociatesMore Info
616-235-6039

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

Peter CacheySignature AssociatesMore Info
616-235-6039

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