$349,000
For Sale
Browse 24 photos
Type:Purchase
Structure:Commercial
Zone:Commercial

Description

Quality built commercial building being sold in ''AS IS'' condition. Offering 24,000SF above grade plus two level partial basement, two bay truck docks and a covered dock for small trucks and vans. Three phase 240-440 electrical system, freight elevator, concrete construction, poured concrete floors, brick exterior, rubber roof, fire sprinkling system and alarm system. Heating system is gas forced air and ducted for central air system. Multiple offices, work room, kitchen break area, two full baths and two half baths, two sets of stairs within the building. The property is .31 acre with 145 feet of frontage on Colfax Ave. and 230 feet on Oak Street. Street parking only. Presently used for manufacturing/printing. Seller may consider favorable lease terms. See MORE for additional info.Priced to sell at $14.54 per SF for a well constructed building. 2023 State Equalized Value is $601,900. Buyer is responsible for obtaining all necessary applications and permits from the City and State. Seller may consider long term lease. Property is eligible for Brownfield TIF funding, and may be eligible for incentives through the Michigan Economic Development Corporation through their Community Revitalization Program. Ceiling heights are as follows: Main Floor - 12'11", Upper - 12'10", Basement: 9'-1".

  • Property Details
      • Property SubtypeCommercial
      • MLS #M20012082
      • MLS #M20012082
      • Property TypePurchase
      • Original List Price$375,000
      • CountyBerrien
      • Cost349000
      • Buying Agency Compensation3.50%
      • Acres0.31
      • Year Built1956
      • Days on Market (Cumulative)1332
      • Days On Market1332
      • Garage Spaces0

Location

Workhorse Realty LLCReal Estate Group
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Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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Loan Amount
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