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

Overview

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.

Listing Details MLS# 22021354

Location Property Info

County
Berrien
Street #
3905
Street Name
M139
State
MI
Zip Code
49085

General Property Info

New Construction
No
Lot Measurement
Acres
Lot Acres
2.6
Lot Square Footage
113256
Lot Dimensions
200' X 568'
Year Built
1950
Road Frontage
200
Mineral Rights
Unknown
Total # Units
5
# Fin Bldg Lvls
Yes
# of Diff Unit Floor Plans
5
Total # Bldgs
3
Total SqFt
29300
Property Use Type
Net Leased (nnn)
Full Baths
5
Total Baths
Yes
Waterfront
No
School District
St. Joseph

Tax Info

Tax ID #
1700080026049
Taxable Value
296443
SEV
298800
For Tax Year
2021
Seller's Annual Property Tax
12692
Tax Year
2021
Spec Assessment & Type
None Known
Homestead %
0

Remarks Misc

Directions
Interstate 94 to South on M-139. Property is on the left.

Status Change Info

Under Contract Date
2022-06-08
Sold Date
2022-07-07
Sold Price/SqFt
43.52

More Information

Additional Details

# Loading Docks/Well
2
Total Parking Spaces
50
Grd Lvl OH Doors
7

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
Yes
Tenant Pays Gas
Yes
Tenant Pays Sewer
Yes
Tenant Pays Water
Yes

Unit 2

Unit Description
Construction Supply
SqFt
7280
Occupied
Yes
Rent $/Month
3250
$ Per SqFt
0.45
# HVAC
2
$ Per SqFt/Year
5.36
# Baths
2
Tenant Pays Electric
Yes
Tenant Pays Gas
Yes
Tenant Pays Sewer
Yes
Tenant Pays Water
Yes

Unit 3

Unit Description
Fitness
SqFt
8000
Occupied
Yes
Rent $/Month
1800
$ Per SqFt
0.23
# HVAC
4
$ Per SqFt/Year
2.7
# Baths
Yes
Tenant Pays Electric
Yes
Tenant Pays Gas
Yes
Tenant Pays Sewer
Yes
Tenant Pays Water
Yes

Unit 4

Unit Description
Storage
SqFt
2500
Occupied
No
# HVAC
2
# Baths
Yes
Tenant Pays Electric
Yes
Tenant Pays Gas
Yes
Tenant Pays Sewer
Yes
Tenant Pays Water
Yes

Unit 5

Unit Description
Manufacturing
SqFt
4000
Occupied
Yes
Rent $/Month
1600
# HVAC
2
# Baths
Yes
Tenant Pays Gas
Yes
Tenant Pays Sewer
Yes
Tenant Pays Water
Yes

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

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

Street Type

Public
Yes

Property Use

Business
Yes
Net Leased (nnn)
Yes

Utilities Attached

Cable Connected
Yes
Electricity Connected
Yes
Natural Gas Connected
Yes
Phone Connected
Yes

Sewer

Public Sewer
Yes

Water

Public Water
Yes

Uses

Distribution
Yes
Manufacturing
Yes
Professional Service
Yes
Storage
Yes

Construction Type

Steel
Yes

Exterior Material

Metal Siding
Yes

Roofing

Metal
Yes

Heat Source

Electric
Yes
Natural Gas
Yes

Sale Conditions

None
Yes

Ownership

LLC
Yes

Below Grade

None
Yes

Heat Type

Forced Air
Yes

Business Includes

Real Estate
Yes

Additional Features

Clearspan
Yes
Multi User Facility
Yes
Outdoor Storage
Yes

Foundation

Concrete Perimeter
Yes

Util Avail at St

Cable Available
Yes
Electricity Available
Yes
High Speed Internet
Yes
Natural Gas Available
Yes
Phone Available
Yes
Storm Sewer
Yes

Tenant Pays All

Electric
Yes
Gas
Yes
Sewer
Yes
Water
Yes

Driveway

Asphalt
Yes
Concrete
Yes

Docs Req Conf Agrmnt

Financials
Yes
Leases
Yes
Rent Roll
Yes

Purchase Terms Avail

Cash
Yes
Conventional
Yes

Possession

Close Of Escrow
Yes

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
IDX
Last Updated: July - 07 - 2022
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