Description
Owner is occupying the building with his business which will be relocated 6 months after closing. The building is 12,000 sf including two small offices and 2 bathrooms near the front of the building, over 30 parking spaces, several loading docks, 25-30 ft ceilings. The building is 50’ (street) by 240’ on 1.86 acres (144’x657’).
The back portion of the property is currently flat grass with residential zoning code. There are homes behind the subject lot, so it is up to the Buyer to determine how this grass portion of the back of the lot can be used. Both next door neighbors have their businesses all the way to the back bordering residences.
Between the building and the grass portion of the lot, there is a 2500 sf section with a cell tower on it. The lease brings in ~$800/month and will increase 10% in June of 2024. After that, the tenant has options to renew every 5 years with a 10% increase through June 6, 2059.
Contact agent for appointment. No visits without an appointment.
Location
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Listing Agent: Ken Lee
Listing Office: Selling Michigan Bussinesses LLC
