1500 M-28 E
Industrial
for Sale
| Catylist Listing ID: |
30836583 |
| Property Subtypes: |
Flex Space, Manufacturing, Mixed Use, Light Industrial, Office Showroom, Warehouse/Distribution
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| Building Size (RSF): |
9,192 SF
|
| Gross Building Area: |
See Agent |
| Gross Land Area: |
1.83 Acres
|
| Sale Price: |
$750,000 |
| Unit Price: |
$81.59 PSF |
| Ceiling: |
9 ft. |
| Drive In Bays: |
1 Bay |
| Property Use Type: |
Business |
| Building Name: |
Former Varvil Center |
| Sale Terms: |
Cash to Seller |
| Cap Rate: |
Undisclosed |
| Last Updated: |
9/15/2023 |
Overview / Comments
Zoned Industrial; with the added benefit of great visibility for commercial use. Former Strip Mall which has provided grocery, food service, retail, educational, professional office space and light industrial applications. Plenty of room for future expansion with additional property available. Marquette County is the largest County (geographically) in Michigan, with a population of approximately 65,000 people and The Home of Northern MI University which hosts an Olympic Training Site! With over 83 miles of Lake Superior Shoreline, over 2 million acres of real estate (most of which are open to the public) and thousands of miles of trails, it's no wonder why tourism, timber, and mining are our most important industries.
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Additional Details
| Nearest MSA: |
Marquette |
| County: |
Marquette |
| Taxing Authority: |
Chocolay Township |
| Tax ID/APN: |
52-02-110-083-85 |
| Zoning: |
INDUSTRIAL |
| Property Located Between: |
Across HWY from Hiawatha which connects to Lakewood Lane on Lake Superior. |
| Highway Access: |
About 2 MI E of US 41 S; M-28/US 41 S Intersection is about 2 miles S of Marquette's City Limits. |
| Airports: |
Sawyer International Airport |
| Total Number of Buildings: |
1 |
| Number of Stories: |
1 |
| Typical SF / Floor: |
9,192 SF |
| Property Condition: |
Fair |
| Year Built: |
1970 |
| Roof Type: |
Other |
| Construction/Siding: |
Panelized |
| Exterior Description: |
Metal exterior walls, rubber roof, stone facia. |
| Parking Type: |
Surface |
| Parking Description: |
off street |
| Overhead Cranes: |
Undisclosed |
| Sprinklers: |
To Suit |
| Amps: |
400 |
| Heat Type: |
Natural Gas |
| Heat Source: |
Central |
| Internet Access: |
Cable |
| Interior Description: |
High Speed Internet Available |
| Zoning Description: |
I-Industrial |
| Lot Frontage: |
226 |
| Lot Depth: |
352 |
| Water Service: |
Well |
| Sewer Type: |
Septic |
| Easements: |
Utilities |
| Land Ownership: |
Fee Simple |
| Legal Description: |
SEC 10 T47N R24W. Complete legal description to follow on title work. |
Demographic Statistics
| Proximity: |
5 miles |
| Total Population: |
20,769 |
| Median Age: |
37.47 |
| Households: |
7,583 |
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