4274 E Court St 16073SL

Retail-Commercial for Sale
Also listed as Industrial
Catylist Listing ID: 30852492
Property Subtypes: Free-Standing Building
Building Size (RSF): 137,194 SF
Gross Building Area: See Agent
Gross Land Area: 16.54 Acres
Sale Price: $8,200,000
Unit Price: $59.77 PSF
Property Use Type: Vacant/Owner-User
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 9/13/2023

Overview / Comments

The previous use was retail, but present owner obtained a variance for M-1 Light Industrial for warehousing processing and packaging use (see document attached). Located on +/- 17.18 Acres and containing approx.137,194 SF in the City of Burton, just off I-69.

Building contains the following: New heating and air conditioning in 2021 including 21 new Lennox HVAC units with individual thermostats that were installed by Dee Cramer. Units are equipped with alarms, cameras and cages; Duro Last Roof; LED lights throughout the building; 3 dock doors and 3 grade doors; men's bathroom contains 5 stalls, 3 urinals, 4 sinks; women's bathroom contains 7 stalls and 4 sinks.

Entire building is sprinkled, including vestibules and overhangs. Fire Suppression inspected and certified by Wolverine Fire Protection in 2023. Burton Fire Dept. also inspected and passed in 2023. SW outside storage cannot be used unless the fire suppression system is recertified.

2024 Taxable Value $1,934,940; 2022 Assessed Value $3,021,500
2022 Winter Taxes $34,283.20; 2023 Summer Taxes $81,483.63 = $115,766.83 Total taxes.

Additional Details

Nearest MSA: Flint
County: Genesee
Taxing Authority: City of Burton
Tax ID/APN: 59-15-100-021
Retail Clientele: Family, Business

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 5,341 59,896 169,171
Median Age: 42.09 37.88 36.28
Households: 2,209 24,580 67,200


Photograph of Listing Agent

Winfield L. Cooper, III

Cooper Commercial CPIX Member
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