Property Type:
Commercial Sale
Square Footage:
21,670
Lot Size (sq. ft.):
1,403,939
Status:
Active
Current Price:
$3,000,000
List Date:
2/01/2024
Last Modified:
8/24/2025
5438 220th Avenue, Reed City, MI 49677
$3,000,000
Description
For Sale: Exceptional Industrial Property with Expansion Capacity
Discover this prime industrial property spanning 32 acres, perfect for expanding your business operations. This property boasts two substantial building units, featuring a total of 10,000 square feet of open industrial space and 5,000 square feet of office space. The facility is well-equipped with two 2-ton overhead cranes and one 3-ton overhead crane, enhancing your lifting capabilities.
A single loading dock ensures smooth logistics, while the property currently hosts three tenants, providing immediate rental income. Additionally, the property includes a semi truck wash owned by the seller, adding further value and convenience.
Don't miss this rare opportunity to acquire a property with vast potential for growth!
More Information MLS# 24005544
Location & Property Info
Cross Streets: N of US 10 / S of 6 Mile Rd
Property Sub-Type: Industrial
Municipality: Richmond Twp
Principal Road: Yes
Ownership Type: Private Owned
Office/Contract Info
Auction or For Sale: For Sale
List Price/SqFt: 138.44
Prop Avail for Lease?: No
Current Bldg Use: Industrial / Varied
General Property Info
New Construction: No
Lot Dimensions: 986 x 1277
Road Frontage: 986
Mineral Rights: Unknown
Waterfront: Yes
Year Remodeled: 2004
Body of Water: Lake
Total # Units: 2
# of Diff Unit Floor Plans: 4
Total # Bldgs: 2
# Fin Bldg Lvls: 2
Total SqFt: 21670
Property Use Type: Investment
Statewide Lakes & Rivers: Lake
School District: Reed City
High School: Reed City High School
Middle School: Reed City Middle School
Lot Measurement: Acres
Lot Acres: 32.23
Lot Square Footage: 1403939
Year Built: 1980
Full Baths: 4
Tax Info
Taxable Value: 192215
SEV: 218100
For Tax Year: 2023
Seller's Annual Property Tax: 8793
Tax Year: 2022
Homestead %: 0
Spec Assessment & Type: None Known
Non-Conforming Use: No
Zoning: Ind Improved
Tax ID #: 13-004-011-10
Remarks & Misc
Legal: SEC 4 T17N R10W PT OF W 1/2 COM S0DEG42'22''W 12.72 FT FR W 1/4 COR, TH S89DEG48'09''E 633
Waterfront Options
Water Access Y/N: No
Water Frontage: 1000
Water Type
Lake: 1
River: 1
Water Fea. Amenities
No Wake: 1
Private Frontage: 1
View: 1
Additional Details
# Loading Docks/Well: 1
Total Parking Spaces: 400
Grd Lvl OH Doors: 15
Ceiling Height: 20
Street Type
Paved: 1
Public: 1
Property Use
Business: 1
Investment: 1
Utilities Attached
Cable Connected: 1
Electricity Connected: 1
Natural Gas Connected: 1
Phone Connected: 1
Sewer
Public Sewer: 1
Water
Well: 1
Uses
Distribution: 1
Manufacturing: 1
Professional/Office: 1
Storage: 1
Other: 1
Construction Type
Block: 1
Concrete: 1
Steel: 1
Exterior Material
Block: 1
Concrete: 1
Metal Siding: 1
Roofing
Metal: 1
Rubber: 1
Heat Source
Natural Gas: 1
Sale Conditions
None: 1
Ownership
Proprietorship: 1
Below Grade
None: 1
Heat Type
Forced Air: 1
Air Conditioning
Central Air: 1
Docs at List Office
Aerial Photo: 1
Business Includes
Real Estate: 1
Additional Features
Bath Common Area: 1
Expandable: 1
Fenced Storage: 1
Fire Sprinkler: 1
Multi User Facility: 1
Outdoor Storage: 1
Over Head Crane: 1
Util Sep Mt: 1
Foundation
Slab: 1
Util Avail at St
Cable Available: 1
Electricity Available: 1
Natural Gas Available: 1
Phone Available: 1
Tenant Pays All
Electric: 1
Gas: 1
Driveway
Paved: 1
Shared Unpaved: 1
Docs Req Conf Agrmnt
Financials: 1
Leases: 1
Rent Roll: 1
Purchase Terms Avail
Cash: 1
Conventional: 1
Possession
Close Of Escrow: 1
Location Property Info
County: Osceola
Street #: 5438
Street Name: 220th
Suffix: Avenue
State: MI
Zip Code: 49677
Zip (4): 8293
Area: West Central - W
OfficeContract Info
Status: Active
Current Price: $3,000,000
List Price: $3,000,000
Listing Date: 2024-01-31
Remarks Misc
Directions: US 131 to US 10 (Exit 153 / Reed City).
Turn E to the first traffic signal.
Turn N onto Patterson Rd (220th Ave).
Property is on the E side of the road (less than 1/2 mile north of US 10).
Property Features
Property Use: Business; Investment
Water Type: Lake; River
Uses: Distribution; Manufacturing; Professional/Office; Storage; Other
Ownership: Proprietorship
Business Includes: Real Estate
Construction Type: Block; Concrete; Steel
Exterior Material: Block; Concrete; Metal Siding
Roofing: Metal; Rubber
Foundation: Slab
Below Grade: None
Additional Features: Bath Common Area; Expandable; Fenced Storage; Fire Sprinkler; Multi User Facility; Outdoor Storage; Over Head Crane; Util Sep Mt
Tenant Pays All: Electric; Gas
Sewer: Public Sewer
Water: Well
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; Shared Unpaved
Street Type: Paved; Public
Purchase Terms Avail: Cash; Conventional
Docs at List Office: Aerial Photo
Docs Req Conf Agrmnt: Financials; Leases; Rent Roll
Sale Conditions: None
Possession: Close Of Escrow
Listing Office:
Crossroads Realty of Michigan
Listing Agent:
Gary B Bailey Sr
Last Updated: August - 24 - 2025
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.
