4,000 SF Flex Space Investment Property

Industrial for Sale
Catylist Listing ID: 30818514
Property Subtypes: Flex Space, Warehouse/Distribution
Building Size (RSF): 4,000 SF
Gross Building Area: See Agent
Gross Land Area: 0.25 Acres
Sale Price: $420,000
Unit Price: $105 PSF
Ceiling: 16 ft.
Docks/Doors: 1 Door
Office SF: 1,000 SF
Drive In Bays: 1 Bay
In Opportunity Zone? Yes
Property Use Type: Investment
Sale Terms: Cash to Seller
Cap Rate: 6.14%
Last Updated: 5/26/2023

Overview / Comments

This 4,000 SF Industrial Condo offers a phenomenal investment opportunity in Traverse City, MI. Featuring high ceilings within a spacious warehouse, ample office space, and LED lighting throughout, this property is very appealing.

Attachments & Media

Additional Details

Nearest MSA: Traverse City
County: Grand Traverse
Tax ID/APN: 05-133-900-00
Airports: TVC - Traverse City
Tenancy: Single Tenant
Number of Stories: 1
Property Condition: Excellent
Year Built: 2002
Overhead Cranes: Undisclosed
Amps: 200
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 2,774 21,670 41,772
Median Age: 38.25 41.35 40.63
Households: 1,433 10,011 18,201


Photograph of Listing Agent

Steve Poole, CCIM

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