901 Metzgar Ct NW Comstock Park 49321

Industrial for Sale
Sale Pending
Catylist Listing ID: 30315122
Property Subtypes: Manufacturing, Warehouse/Distribution
Status: Pending
Building Size (RSF): 50,496 SF
Gross Land Area: 7.90 Acres
Sale Price: $2,200,000
Unit Price: $43.57 PSF
Ceiling: 24 ft. / 22 ft. Clear
Docks/Doors: 4 Docks, 1 Door
Office SF: 2,880 SF
Drive In Bays: 1 Bay
Property Use Type: Net Leased Investment (NNN), Investment, Vacant/Owner-User
Building Name: Metzgar Conveyors
Sale Terms: Cash to Seller, Purchase Money Mortgage
Cap Rate: Undisclosed
Last Updated: 11/16/2018

Overview / Comments

50,496 SF industrial/manufacturing building located approximately 3 miles to the North of the I-96/131 junction. Building consists of 47,616 SF of manufacturing space with 2,880 SF of office, 40' column spacing, 24' ceiling with 22' clear, crane way in place supporting 5,500 LB. I-2 zoning permits majority of uses.

Currently occupied on a short term NNN lease that expires with no renewals 6/30/2019.

Additional Details

Nearest MSA: Grand Rapids-Wyoming
County: Kent
Tax ID/APN: 41-09-23-476-006
Zoning: I-2
Tenancy: Single Tenant
Property Condition: Fair
Year Built: 1976
Roof Type: Flat
Parking Type: Surface
Overhead Cranes: 1
Amps: 600
Volts: 480
X-Phase: 3
Heat Type: Natural Gas
Heat Source: Ceiling Units
Lighting: Other
Zoning Description: I-2
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 2,282 26,895 94,617
Median Age: 42.13 37.15 37.74
Households: 883 11,060 37,853
The information presented herein is provided as is, without warranty of any kind. Neither Commercial Alliance of REALTORS West Michigan nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.