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

Overview

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.

Listing Details MLS# 17058820

Location Property Info

County
Muskegon
Street #
350
Street Direction
E
Street Name
Broadway
Suffix
Avenue
State
MI
Zip Code
49444

General Property Info

New Construction
No
Lot Measurement
Acres
Lot Acres
3.66
Lot Square Footage
159603
Lot Dimensions
266' x 600'
Year Built
1967
Road Frontage
266
Total # Units
Yes
# Fin Bldg Lvls
Yes
Total # Bldgs
Yes
Total SqFt
100060
Full Baths
3
Waterfront
No
School District
Muskegon Hts

Tax Info

Tax ID #
6126185202000100
Taxable Value
180589
SEV
238300
For Tax Year
2017
Seller's Annual Property Tax
13428.26
Tax Year
2017
Spec Assessment & Type
none known
Homestead %
0

Remarks Misc

Directions
BUS31 to Getty St. north to Broadway west.

Status Change Info

Under Contract Date
2018-03-27
Sold Date
2018-06-12
Sold Price/SqFt
12.99

More Information

Additional Details

# Loading Docks/Well
2
Grd Lvl OH Doors
2
Ceiling Height
16

Waterfront Options

Water Access Y/N
No

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

Remarks & Misc

Legal
HT3010 ENTIRE BLK 202

Utilities Attached

Electricity Connected
Yes
Natural Gas Connected
Yes
Phone Connected
Yes

Sewer

Public Sewer
Yes

Water

Public Water
Yes

Uses

Distribution
Yes
Manufacturing
Yes
Storage
Yes

Construction Type

Block
Yes

Heat Source

Natural Gas
Yes

Sale Conditions

None
Yes

Ownership

Corporation
Yes

Heat Type

Space Heater
Yes

Business Includes

Non-Applicable
Yes

Additional Features

Fire Sprinkler
Yes

Util Avail at St

Electricity Available
Yes
Natural Gas Available
Yes
Storm Sewer
Yes

Tenant Pays All

Building Insurance
Yes
Common Area Maintena
Yes
Gas
Yes
Janitorial
Yes
Management Fee
Yes
Prop Taxes/Assess
Yes
Sewer
Yes
Trash
Yes
Water
Yes

Docs Req Conf Agrmnt

Environmental Reports
Yes
Financials
Yes

Purchase Terms Avail

Cash
Yes
Conventional
Yes

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
IDX
Last Updated: October - 21 - 2021
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.