1500 M-28 E

Industrial for Sale
Catylist Listing ID: 30836583
Property Subtypes: Flex Space, Manufacturing, Mixed Use, Light Industrial, Office Showroom, Warehouse/Distribution
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.

Additional Details

Nearest MSA: Marquette
County: Marquette
Taxing Authority: Chocolay Township
Tax ID/APN: 52-02-110-083-85
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.

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Demographic Statistics

Proximity: 5 miles
Total Population: 20,769
Median Age: 37.47
Households: 7,583


Photograph of Listing Agent

Terrance Huffman

RE/MAX 1st Realty
CPIX Member
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