Property Type:
Commercial Sale
Square Footage:
41,784
Lot Size (sq. ft.):
443,876
Status:
Sold
Current Price:
$2,200,000
List Date:
2/26/2014
Last Modified:
12/19/2024
1429 1439 Main Street, Fremont, MI 49412
$1,700,000
Description
#2156 100% leased investment opportunity. Nearly 42,000 sf net lease to Dunham Sports, Peebles, Glik's and Continental Rental. Major tenants renewals to 2027 and 2033. Solid cash flow with upside potential offering two pad sites (.5 & 1.4 acres) for lease build-to-suit or sale. Conveniently located in the Fremont business retail business district. Avg. HH income $70,324 (1 Mile), $68,166 (3 Miles) and $65,092 (5 Miles). Financial information provided upon receipt of signed confidentiality agreement. Call/email listing agent.
More Information MLS# 14008555
Location & Property Info
Modifier: 1439
Cross Streets: DeWitt & Market Avenues
Property Sub-Type: Retail
Municipality: Fremont
Office/Contract Info
List Price/SqFt: 52.65
Prop Avail for Lease?: No
Current Bldg Use: retail
General Property Info
Lot Dimensions: 220' x 900' x 715' IRREG.
Road Frontage: 220
Listing Number Display: 14008555
Waterfront: No
Year Remodeled: 1988
Total # Units: 4
Total # Bldgs: 2
Total SqFt: 41784
Total Net SqFt: 41784
School District: Fremont
Lot Measurement: Acres
Lot Acres: 10.19
Lot Square Footage: 443876
Year Built: 1974
Tax Info
Taxable Value: 670900
SEV: 670900
For Tax Year: 2014
Seller's Annual Property Tax: 40527
Tax Year: 2013
Spec Assessment & Type: None known
Non-Conforming Use: No
Zoning: Neighborhood Sh
Tax ID #: 621334300040
Remarks & Misc
Legal: LEGAL IN OFFICE
Status Change Info
Sold Price/SqFt: 40.69
Under Contract Date: 2014-06-11
Sold Date: 2014-06-19
Sold Price: $1,700,000
Income and Expenses
Gross Op Income ($): 376000
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
Retail: 1
Other: 1
Construction Type
Block: 1
Exterior Material
Block: 1
Brick: 1
Stone: 1
Roofing
Rubber: 1
Heat Source
Natural Gas: 1
Sale Conditions
None: 1
Ownership
LLC: 1
Below Grade
None: 1
Heat Type
Forced Air: 1
Air Conditioning
Central Air: 1
Docs at List Office
Aerial Photo: 1
Survey: 1
Other: 1
Business Includes
Real Estate: 1
Additional Features
Barrier Free: 1
Clearspan: 1
Expandable: 1
Fire Sprinkler: 1
Multi User Facility: 1
Util Sep Mt: 1
Util Avail at St
Cable Available: 1
Electricity Available: 1
Natural Gas Available: 1
Phone Available: 1
Tenant Pays All
Building Insurance: 1
Common Area Maintena: 1
Electric: 1
Gas: 1
Janitorial: 1
Management Fee: 1
Prop Taxes/Assess: 1
Sewer: 1
Trash: 1
Water: 1
Driveway
Paved: 1
Docs Req Conf Agrmnt
Demographics: 1
Financials: 1
Leases: 1
Rent Roll: 1
Site Plan: 1
Purchase Terms Avail
Cash: 1
Conventional: 1
Tax Def Exchange: 1
Location Property Info
County: Newaygo
Street #: 1429
Street Name: Main
Suffix: Street
State: MI
Zip Code: 49412
Area: West Central - W
OfficeContract Info
Status: Sold
Current Price: $1,700,000
List Price: $2,200,000
Listing Date: 2014-02-24
Remarks Misc
Directions: W. Main St (48th St., also known as M-82), between DeWitt and Market Avenues (north side)
Property Features
SqFt Information: Security System
Uses: Retail; Other
Ownership: LLC
Business Includes: Real Estate
Construction Type: Block
Exterior Material: Block; Brick; Stone
Roofing: Rubber
Below Grade: None
Additional Features: Barrier Free; Clearspan; Expandable; Fire Sprinkler; Multi User Facility; Util Sep Mt
Tenant Pays All: Building Insurance; Common Area Maintena; Electric; Gas; Janitorial; Management Fee; Prop Taxes/Assess; Sewer; Trash; 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; Natural Gas Available; Phone Available
Heat Source: Natural Gas
Heat Type: Forced Air
Air Conditioning: Central Air
Driveway: Paved
Street Type: Paved; Public
Purchase Terms Avail: Cash; Conventional; Tax Def Exchange
Docs at List Office: Aerial Photo; Survey; Other
Docs Req Conf Agrmnt: Demographics; Financials; Leases; Rent Roll; Site Plan
Sale Conditions: None
Listing Office:
Coldwell Banker Woodland Schmidt Commercial
Listing Agent:
Michael Nagelkirk
Last Updated: December - 19 - 2024
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.
