52366 M-51 new Save Request In-Person Tour Request Virtual Tour
Hamilton Twp,MI 49047
Key Details
Property Type Commercial
Sub Type Business And Real Estate
Listing Status Active
Purchase Type For Sale
Square Footage 63,148 sqft
Price per Sqft $29
MLS Listing ID 66024058947
Originating Board Greater Kalamazoo Association of REALTORS®
Year Built 1955
Annual Tax Amount $26,804
Lot Size 7.300 Acres
Acres 7.3
Lot Dimensions Irregular
Property Description
Investment Opportunity with Triple Net Industrial Lease! Gross Potential rent of over 175K with annual 2 % increases. Cap rate over 8%. Owner will cooperate with tax deferred exchanges! 6 years left on current lease with options for 10 more years. 63,000 s.f .total with a total of 7.1 acres
Location
State MI
County Van Buren
Area Hamilton Twp
Zoning Other
Direction M-51 Highway to 92nd st. property is at 56th St & 92nd St
Interior
Heating Forced Air
Heat Source LP Gas/Propane
Exterior
Waterfront no
Roof Type Metal
Road Frontage Paved
Building
Water Well (Existing)
Structure Type Frame,Metal Siding,Wood
Schools
School District Decatur
Others
Tax ID 801003200401
Acceptable Financing Cash,Conventional
Rebuilt Year 2008
Listing Terms Cash,Conventional
Financing Cash,Conventional
Special Listing Condition Unknown/Data Share Listings