350 E Broadway Avenue, Muskegon Heights, MI 49444
$1,300,000
Property Type:
Commercial Sale
Square Footage:
100,060
Lot Size (sq. ft.):
159,603
Status:
Sold
Current Price:
$1,400,000
List Date:
12/11/2017
Last Modified:
10/21/2021
Description
An exceptional investment opportunity to acquire a 100% interest, providing investors with a stable return over the next 10 years based on a long-term sale/leaseback transaction. The subject property is located in Muskegon County with convenient access to the primary thoroughfare US31 connecting to interstates 96 and I96. The property consists of a 3.7-acre site occupied by a 100,000 SF industrial building. The building is currently fully leased for warehousing and light assembly operations.
More Information MLS# 17058820
Location & Property Info
Cross Streets: Riordan and Howden
Property Sub-Type: Business Opportunity
Area: Muskegon County - M
Municipality: Muskegon Heights City
Office/Contract Info
Auction or For Sale: For Sale
List Price/SqFt: 13.99
Prop Avail for Lease?: No
Current Bldg Use: Industrial
General Property Info
New Construction: No
Lot Dimensions: 266' x 600'
Road Frontage: 266
Waterfront: No
Total # Units: 1
Total # Bldgs: 1
# Fin Bldg Lvls: 1
Total SqFt: 100060
School District: Muskegon Hts
Lot Measurement: Acres
Lot Acres: 3.66
Lot Square Footage: 159603
Year Built: 1967
Full Baths: 3
Tax Info
Taxable Value: 180589
SEV: 238300
For Tax Year: 2017
Seller's Annual Property Tax: 13428.26
Tax Year: 2017
Homestead %: 0
Spec Assessment & Type: none known
Tax ID #: 6126185202000100
Remarks & Misc
Legal: HT3010 ENTIRE BLK 202
Status Change Info
Sold Price/SqFt: 12.99
Under Contract Date: 2018-03-27
Sold Date: 2018-06-12
Sold Price: $1,300,000
Waterfront Options
Water Access Y/N: No
Additional Details
# Loading Docks/Well: 2
Grd Lvl OH Doors: 2
Ceiling Height: 16
Utilities Attached
Electricity Connected: 1
Natural Gas Connected: 1
Phone Connected: 1
Sewer
Public Sewer: 1
Water
Public Water: 1
Uses
Distribution: 1
Manufacturing: 1
Storage: 1
Construction Type
Block: 1
Heat Source
Natural Gas: 1
Sale Conditions
None: 1
Ownership
Corporation: 1
Heat Type
Space Heater: 1
Business Includes
Non-Applicable: 1
Additional Features
Fire Sprinkler: 1
Util Avail at St
Electricity Available: 1
Natural Gas Available: 1
Storm Sewer: 1
Tenant Pays All
Building Insurance: 1
Common Area Maintena: 1
Gas: 1
Janitorial: 1
Management Fee: 1
Prop Taxes/Assess: 1
Sewer: 1
Trash: 1
Water: 1
Docs Req Conf Agrmnt
Environmental Reports: 1
Financials: 1
Purchase Terms Avail
Cash: 1
Conventional: 1
Location Property Info
County: Muskegon
Street #: 350
Street Direction: E
Street Name: Broadway
Suffix: Avenue
State: MI
Zip Code: 49444
OfficeContract Info
Status: Sold
Current Price: $1,300,000
List Price: $1,400,000
Listing Date: 2017-12-11
Remarks Misc
Directions: BUS31 to Getty St. north to Broadway west.
Property Features
Uses: Distribution; Manufacturing; Storage
Ownership: Corporation
Business Includes: Non-Applicable
Construction Type: Block
Additional Features: Fire Sprinkler
Tenant Pays All: Building Insurance; Common Area Maintena; Gas; Janitorial; Management Fee; Prop Taxes/Assess; Sewer; Trash; Water
Sewer: Public Sewer
Water: Public Water
Utilities Attached: Electricity Connected; Natural Gas Connected; Phone Connected
Util Avail at St: Electricity Available; Natural Gas Available; Storm Sewer
Heat Source: Natural Gas
Heat Type: Space Heater
Purchase Terms Avail: Cash; Conventional
Docs Req Conf Agrmnt: Environmental Reports; Financials
Sale Conditions: None
Listing Office:
Core Realty Partners LLC
Listing Agent:
Bryan D Bench
Last Updated: October - 21 - 2021
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