3905 M139, St. Joseph, MI 49085
$1,275,100
Property Type:
Commercial Sale
Baths:
1
Square Footage:
29,300
Lot Size (sq. ft.):
113,256
Status:
Sold
Current Price:
$1,490,000
List Date:
6/01/2022
Last Modified:
7/07/2022
Description
Prime commercial building on high traffic road just 1mi. from Interstate 94. Consists of 3 - 7,500sqft units in one building, 4,800sqft separate building unit, 2,500 sqft building currently used for boat storage. Fully Occupied with strong businesses. 7 overhead doors, two units have shipping docks, 3 phase available.
More Information MLS# 22021354
Location & Property Info
Cross Streets: Niles Avenue
Property Sub-Type: Retail
Area: Southwestern Michigan - S
Municipality: Royalton Twp
Office/Contract Info
Auction or For Sale: For Sale
List Price/SqFt: 50.85
Prop Avail for Lease?: No
General Property Info
New Construction: No
Lot Dimensions: 200' X 568'
Road Frontage: 200
Mineral Rights: Unknown
Waterfront: No
Total # Units: 5
# of Diff Unit Floor Plans: 5
Total # Bldgs: 3
# Fin Bldg Lvls: 1
Total SqFt: 29300
Property Use Type: Net Leased (nnn)
School District: St. Joseph
Lot Measurement: Acres
Lot Acres: 2.6
Lot Square Footage: 113256
Year Built: 1950
Full Baths: 5
Total Baths: 1
Tax Info
Taxable Value: 296443
SEV: 298800
For Tax Year: 2021
Seller's Annual Property Tax: 12692
Tax Year: 2021
Homestead %: 0
Spec Assessment & Type: None Known
Tax ID #: 1700080026049
Remarks & Misc
Legal: COM 1120'N OF SW COR SEC 8 T5S R18W TH N 200'TH N89DEG50'E 567'TH S 200'TH S89DEG50'W 567'TO POB
Status Change Info
Sold Price/SqFt: 43.52
Under Contract Date: 2022-06-08
Sold Date: 2022-07-07
Sold Price: $1,275,100
Additional Details
# Loading Docks/Well: 2
Total Parking Spaces: 50
Grd Lvl OH Doors: 7
Street Type
Public: 1
Property Use
Business: 1
Net Leased (nnn): 1
Utilities Attached
Cable Connected: 1
Electricity Connected: 1
Natural Gas Connected: 1
Phone Connected: 1
Sewer
Public Sewer: 1
Water
Public Water: 1
Uses
Distribution: 1
Manufacturing: 1
Professional Service: 1
Storage: 1
Construction Type
Steel: 1
Exterior Material
Metal Siding: 1
Roofing
Metal: 1
Heat Source
Electric: 1
Natural Gas: 1
Sale Conditions
None: 1
Ownership
LLC: 1
Below Grade
None: 1
Heat Type
Forced Air: 1
Business Includes
Real Estate: 1
Additional Features
Clearspan: 1
Multi User Facility: 1
Outdoor Storage: 1
Foundation
Concrete Perimeter: 1
Util Avail at St
Cable Available: 1
Electricity Available: 1
High Speed Internet: 1
Natural Gas Available: 1
Phone Available: 1
Storm Sewer: 1
Tenant Pays All
Electric: 1
Gas: 1
Sewer: 1
Water: 1
Driveway
Asphalt: 1
Concrete: 1
Docs Req Conf Agrmnt
Financials: 1
Leases: 1
Rent Roll: 1
Purchase Terms Avail
Cash: 1
Conventional: 1
Unit 1
Unit Description: Fitness
SqFt: 7520
Occupied: Yes
Rent $/Month: 2800
$ Per SqFt: 0.37
# HVAC: 3
$ Per SqFt/Year: 4.47
# Baths: 2
Tenant Pays Electric: 1
Tenant Pays Gas: 1
Tenant Pays Sewer: 1
Tenant Pays Water: 1
Unit 2
Unit Description: Construction Supply
SqFt: 7280
Occupied: Yes
Rent $/Month: 3250
$ Per SqFt: 0.45
# HVAC: 2
$ Per SqFt/Year: 5.36
Tenant Pays Electric: 1
# Baths: 2
Tenant Pays Gas: 1
Tenant Pays Sewer: 1
Tenant Pays Water: 1
Unit 3
Unit Description: Fitness
SqFt: 8000
Occupied: Yes
Rent $/Month: 1800
$ Per SqFt: 0.23
# HVAC: 4
Tenant Pays Electric: 1
$ Per SqFt/Year: 2.7
# Baths: 1
Tenant Pays Gas: 1
Tenant Pays Sewer: 1
Tenant Pays Water: 1
Unit 4
Unit Description: Storage
SqFt: 2500
Occupied: No
# HVAC: 2
Tenant Pays Electric: 1
# Baths: 1
Tenant Pays Gas: 1
Tenant Pays Sewer: 1
Tenant Pays Water: 1
Unit 5
Unit Description: Manufacturing
SqFt: 4000
Occupied: Yes
Rent $/Month: 1600
# HVAC: 2
# Baths: 1
Tenant Pays Gas: 1
Tenant Pays Sewer: 1
Tenant Pays Water: 1
Possession
Close Of Escrow: 1
Location Property Info
County: Berrien
Street #: 3905
Street Name: M139
State: MI
Zip Code: 49085
OfficeContract Info
Status: Sold
Current Price: $1,275,100
List Price: $1,490,000
Listing Date: 2022-06-01
Remarks Misc
Directions: Interstate 94 to South on M-139. Property is on the left.
Property Features
Property Use: Business; Net Leased (nnn)
Uses: Distribution; Manufacturing; Professional Service; Storage
Ownership: LLC
Business Includes: Real Estate
Construction Type: Steel
Exterior Material: Metal Siding
Roofing: Metal
Foundation: Concrete Perimeter
Below Grade: None
Additional Features: Clearspan; Multi User Facility; Outdoor Storage
Tenant Pays All: Electric; Gas; Sewer; Water
Sewer: Public Sewer
Water: Public Water
Utilities Attached: Cable Connected; Electricity Connected; Natural Gas Connected; Phone Connected
Util Avail at St: Cable Available; Electricity Available; High Speed Internet; Natural Gas Available; Phone Available; Storm Sewer
Heat Source: Electric; Natural Gas
Heat Type: Forced Air
Driveway: Asphalt; Concrete
Street Type: Public
Purchase Terms Avail: Cash; Conventional
Docs Req Conf Agrmnt: Financials; Leases; Rent Roll
Sale Conditions: None
Unit 1: Tenant Pays Electric; Tenant Pays Gas; Tenant Pays Sewer; Tenant Pays Water
Unit 2: Tenant Pays Electric; Tenant Pays Gas; Tenant Pays Sewer; Tenant Pays Water
Unit 3: Tenant Pays Electric; Tenant Pays Gas; Tenant Pays Sewer; Tenant Pays Water
Unit 4: Tenant Pays Electric; Tenant Pays Gas; Tenant Pays Sewer; Tenant Pays Water
Unit 5: Tenant Pays Gas; Tenant Pays Sewer; Tenant Pays Water
Possession: Close Of Escrow
Listing Office:
Edgewater Realty
Listing Agent:
Jason Keller
Last Updated: July - 07 - 2022
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