5 BUILDING OFFICE PLAZA FOR SALE (LABELLE REALTY)
Office
for Sale
Catylist Listing ID: |
30843794 |
Property Subtypes: |
Business Park, Office Building
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Building Size (RSF): |
25,570 SF
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Gross Land Area: |
2.80 Acres
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Sale Price: |
$1,200,000 |
Unit Price: |
$46.93 PSF |
Property Use Type: |
Vacant/Owner-User |
Building Name: |
Petro Plaza |
Sale Terms: |
Cash to Seller |
Cap Rate: |
Undisclosed |
Last Updated: |
5/23/2023 |
Overview / Comments
2.8 acre office complex with 5 buildings consisting of approximately 25,570 square feet. Approximately 5,200 square feet per building with 125 parking spaces. Close proximity to US 127 and M-20.
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Additional Details
Nearest MSA: |
Mount Pleasant |
County: |
Isabella |
Taxing Authority: |
Charter Township of Union |
Tax ID/APN: |
14-152-00-008-00 |
Zoning: |
I2 |
Property Visibility: |
Good |
Highway Access: |
Close proximity to US 127 and M-20. |
Site Description: |
5 office buildings located on 2.8 acres |
Total Number of Buildings: |
5 |
Number of Stories: |
1 |
Typical SF / Floor: |
5,200 SF |
Year Built: |
1981 |
Roof Type: |
Flat |
Construction/Siding: |
Brick |
Parking Type: |
Surface |
Parking Description: |
125 parking spaces |
Total Parking Spaces: |
125 |
Sprinklers: |
None |
Heat Type: |
Natural Gas |
Heat Source: |
Central |
Air Conditioning: |
Package Unit |
Interior Description: |
Currently built out for office space |
Zoning Description: |
Industrial |
Lot Frontage: |
328 |
Lot Depth: |
374 |
Water Service: |
Municipal |
Sewer Type: |
Municipal |
Legal Description: |
T14N R4W, SEC 13; ENTERPRISE PARK LOT 8 & S 12.75 FT. OF LOT 9 |
Demographic Statistics
Proximity: |
1 mile |
3 miles |
5 miles |
Total Population: |
2,621 |
31,538 |
42,045 |
Median Age: |
39.8 |
25.84 |
27.05 |
Households: |
1,131 |
10,589 |
14,739 |
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