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
9890-9892 Red Arrow Highway, Bridgman, MI 49106
$1,575,000
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
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
Area: Southwestern Michigan - S
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
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.
