Light Industrial Condo in Bangor Township
Industrial
for Sale
| Catylist Listing ID: |
30704283 |
| Property Subtypes: |
Cold Storage, Free-Standing, Industrial-Business Park, Light Industrial, Office Showroom, Self Storage, Truck Terminal, Warehouse/Distribution
|
| Building Size (RSF): |
2,976 SF
|
| Gross Building Area: |
See Agent |
| Gross Land Area: |
2,976 SF
|
| Sale Price: |
$198,000 |
| Unit Price: |
$66.53 PSF |
| Ceiling: |
12 ft. |
| Docks/Doors: |
1 Door |
| Office SF: |
1,696 SF |
| Drive In Bays: |
1 Bay |
| Property Use Type: |
Investment, Vacant/Owner-User, Business |
| Sale Terms: |
Cash to Seller |
| Cap Rate: |
Undisclosed |
| Last Updated: |
2/18/2021 |
Overview / Comments
|
Ace Commercial Park located off Patterson Road in Bangor Township has 16 buildings in the condominium community. This condo offers 576 SF of office space with 2,400 (60' x 40') SF of warehouse space with one overhead door and 3 phase power. In floor heat throughout the office space. The zoning allows for a multitude of uses including all classes of marijuana grows, processor, provisioning center, safety compliance and secure transporter. The real estate includes the building only. A monthly condominium fee is charged for the maintenance of the park.
|
Financials
| Finance Data Year |
2020 |
| Real Estate Taxes - Annual($) |
$2,070 (Annual) |
| Tax Value Land |
$42,243 |
| Assessed Value - Total($) |
$52,150 (Annual) |
Additional Details
| Nearest MSA: |
Bay City |
| County: |
Bay |
| Taxing Authority: |
Bangor Township |
| Tax ID/APN: |
010-A03-000-003-00 |
| 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 #3, ACE COMMERCIAL CONDOMINIUMS, SEC.9 T14N R5E |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
6,385 |
50,014 |
69,136 |
| Median Age: |
42.06 |
40.25 |
41.01 |
| Households: |
2,734 |
21,263 |
29,143 |
|
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