9890-9892 Red Arrow Highway, Bridgman, MI 49106 (MLS# 20011892)

9890-9892 Red Arrow Highway, Bridgman, MI 49106

$1,575,000
Property Type: Commercial Sale Square Footage: 50,938 Lot Size (sq. ft.): 196,891 Status: Sold
Current Price: $1,950,000 List Date: 3/31/2020 Last Modified: 1/07/2023

Description

A two-facility complex with a total of 50,938 SF on 4.52 ACRES. The rear facility (Building B) consists of 27,075 SF, & is currently leased. The front industrial facility (Building A) has 23,863 SF, & is owner-occupied. Both buildings are air conditioned & equipped with overhead cranes, truck wells, & overhead doors, as well as a fire-detection system. Office areas include executive conference rooms in both buildings. If you need industrial or warehouse space requirements of 20,000 to 25,000 SF, & anticipate future needs for additional space, or just looking for an investment this could be your opportunity. Great location less than one mile from I-94 Exit 16 on the Chicago-Detroit corridor.

More Information MLS# 20011892

Location & Property Info

Cross Streets: Lake St & I-94 Property Sub-Type: Industrial Area: Southwestern Michigan - S Municipality: Bridgman City

Office/Contract Info

Auction or For Sale: For Sale List Price/SqFt: 38.28 Prop Avail for Lease?: Yes

General Property Info

New Construction: No Lot Dimensions: irregular Road Frontage: 230 Waterfront: No Total # Units: 2 Total # Bldgs: 2 # Fin Bldg Lvls: 1 Total SqFt: 50938 Total Net SqFt: 50938 School District: Bridgman Lot Measurement: Acres Lot Acres: 4.52 Lot Square Footage: 196891 Year Built: 1975 Full Baths: 5

Tax Info

Taxable Value: 436437 SEV: 845700 For Tax Year: 2020 Seller's Annual Property Tax: 18828 Tax Year: 2020 Homestead %: 0 Spec Assessment & Type: none known Tax ID #: 115600190144280

Remarks & Misc

Legal: on file

Status Change Info

Sold Price/SqFt: 30.92 Under Contract Date: 2020-09-02 Sold Date: 2021-01-08 Sold Price: $1,575,000

Additional Details

# Loading Docks/Well: 2 Total Parking Spaces: 45 Grd Lvl OH Doors: 6 Ceiling Height: 28 Floor Load: 6 Power/Phase: 277/480 3-phase Power/Voltage: 1200/1600 amp

Street Type

Paved: 1 Public: 1

SqFt Information

Security System: 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 Storage: 1

Construction Type

Block: 1 Steel: 1

Exterior Material

Brick: 1 Concrete: 1 Metal Siding: 1 Stone: 1 Vinyl Siding: 1

Roofing

Metal: 1 Rubber: 1

Heat Source

Natural Gas: 1

Sale Conditions

None: 1

Ownership

Corporation: 1

Below Grade

None: 1

Heat Type

Forced Air: 1

Air Conditioning

Central Air: 1 Chiller System: 1

Docs at List Office

Aerial Photo: 1 Plat Map: 1

Business Includes

Non-Applicable: 1

Additional Features

Over Head Crane: 1

Util Avail at St

Cable Available: 1 Electricity Available: 1 Natural Gas Available: 1 Phone Available: 1 Storm Sewer: 1

Tenant Pays All

Electric: 1

Driveway

Paved: 1

Docs Req Conf Agrmnt

Leases: 1

Send to Econ Dev Org

MEDC: 1 SWMI First, Region 5: 1

Purchase Terms Avail

Cash: 1 Conventional: 1

Location Property Info

County: Berrien Street #: 9890-9892 Street Name: Red Arrow Suffix: Highway State: MI Zip Code: 49106

OfficeContract Info

Status: Sold Current Price: $1,575,000 List Price: $1,950,000 Listing Date: 2020-03-31

Remarks Misc

Directions: Red Arrow between Lake St & I-94 Exit 16, west side of road

Property Features

SqFt Information: Security System Uses: Distribution; Manufacturing; Storage Ownership: Corporation Business Includes: Non-Applicable Construction Type: Block; Steel Exterior Material: Brick; Concrete; Metal Siding; Stone; Vinyl Siding Roofing: Metal; Rubber Below Grade: None Additional Features: Over Head Crane Tenant Pays All: Electric 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; Natural Gas Available; Phone Available; Storm Sewer Heat Source: Natural Gas Heat Type: Forced Air Air Conditioning: Central Air; Chiller System Driveway: Paved Street Type: Paved; Public Purchase Terms Avail: Cash; Conventional Docs at List Office: Aerial Photo; Plat Map Docs Req Conf Agrmnt: Leases Sale Conditions: None Send to Econ Dev Org: MEDC; SWMI First, Region 5
Listing Office: Core Real Estate, Inc.
Listing Agent: Loren Gerber
IDX
Last Updated: January - 07 - 2023
The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of MICHRIC , and site contains live data. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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Real Estate Insider ๐Ÿก๐ŸŽฏ
Stay ahead in the real estate journey with insights that matter. Our newsletter is all about helping you save when buying and earn more when selling. Provide your email and text #, and we’ll deliver the knowledge you need. ๐Ÿ‘‡๐Ÿ‘‡๐Ÿ‘‡