Light Industrial Condo in Bangor Township

Industrial for Sale
Catylist Listing ID: 30704287
Property Subtypes: Cold Storage, Free-Standing, Industrial-Business Park, Light Industrial, Office Showroom, Self Storage, Truck Terminal, Warehouse/Distribution
Building Size (RSF): 3,336 SF
Gross Building Area: See Agent
Gross Land Area: 3,336 SF
Sale Price: $275,000
Unit Price: $82.43 PSF
Ceiling: 12 ft.
Docks/Doors: 1 Door
Office SF: 1,696 SF
Drive In Bays: 1 Bay
Property Use Type: Investment, Vacant/Owner-User, Business
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 2/18/2021

Overview / Comments

Ace Commercial Park located off Patterson Road in Bangor Township has 16 buildings in the condominium community. This condo offers 576 SF of office space with 2,760 (60' x 46') SF of warehouse space with two overhead doors and 3 phase 208 power. Side ceiling height of 14' and peak of 17'9". In floor heat throughout the office space. The zoning allows for a multitude of uses including all classes of marijuana grows, processor, provisioning center, safety compliance and secure transporter. The real estate includes the building only. A monthly condominium fee is charged for the maintenance of the park.

Financials

Finance Data Year 2020
Real Estate Taxes - Annual($) $2,599 (Annual)
Tax Value Land $53,048
Assessed Value - Total($) $65,350 (Annual)

Additional Details

Nearest MSA: Bay City
County: Bay
Taxing Authority: Bangor Township
Tax ID/APN: 010-A03-000-008-00
Zoning: LIGHT INDUSTRIAL
Highway Access: I-75, US-10, M-25, M-15
Property Condition: Excellent
Year Built: 2002
Roof Type: Gable
Construction/Siding: Metal Siding, Wood Frame
Parking Type: Surface
Overhead Cranes: Undisclosed
X-Phase: 3
Heat Type: Natural Gas, Other
Heat Source: Other
Lighting: Fluorescent
Zoning Description: I-1
Water Service: Municipal
Sewer Type: Municipal
Land Ownership: Owned
Legal Description: CONDOMINIUM #8, ACE COMMERCIAL CONDOMINIUMS, SEC.9 T14N R5E

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 6,385 48,633 69,136
Median Age: 42.06 40.44 41.01
Households: 2,734 20,664 29,143

Contact

Photograph of Listing Agent

Sandra J. Covaleski, CCIM

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