353 US Highway 41 E - Warehouse FOR SALE


Negaunee, MI 49866
$4,000,000 USD
906-236-5806
353 US Highway 41 E, Negaunee, MI for Sale
$4,000,000 USD
Warehouse - FOR SALE
1/43
null | Request Cap Rate

353 US Highway 41 E
Negaunee, MI 49866


OVERVIEW

Warehouse building for Sale in a prime location on US 41 and M28, 3 miles outside of Marquette in Negaunee Township. The building is32,256 sf with about 4000sf of office space, 2 loading docs, a mechanic shop, drive around lot with two entrances, and great highway exposure on the busiest traffic corridor in the Upper Peninsula. The lot is 2.5 acres. Owner will require possession of about 1/3 of the building for at least a 2 yr term. Currently, there is 21,500/sf open for lease at $12/sf. This space consists of two 14'x14' overhead doors in the front for semis to pull in and out of and a loading dock on the west side of the building. Just inside the main entrance of the building, there are four finished offices, reception area, flex space, and ADA bathroom. Above the offices you will find more storage and a conference room totaling just under 3500 sf of finished space. The warehouse portion is just over 28,000 sf of one of the sharpest warehouse buildings in the area. The entire warehouse is heated with floor drains inside the main overhead doors. 18' side walls provide numerous storage/racking options. This space is perfect for any business operating distribution, storage, retail and so on. The highway exposure is second to none. There are two entrances, ample parking, and easy trucking/delivery access.

FOR SALE DETAILS

PRICE

$4,000,000 USD

PRICE/SF

$124 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Pike Distributors

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2001

UTILITIES

Lighting, Gas - Natural, Water - City, Sewer - City, Heating - Gas

CLEAR CEILING HT

-

DOCKS

1

DRIVE INS

2

PARKING SPACES

7

LAND DETAILS

LAND ACRES

2.33

LAND SF

101,495

ZONING

GB-General Business

APN/PARCEL ID

52-10-123-118-00

ASK ABOUT THIS PROPERTY

Rob SullivanNorthern Michigan Land BrokersMore Info
906-236-5806

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Rob SullivanNorthern Michigan Land BrokersMore Info
906-236-5806

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