3520 Rennie School Road Active Save Request In-Person Tour Request Virtual Tour
Garfield Twp,MI 49685
Key Details
Property Type Commercial
Sub Type Business Opportunity
Listing Status Active
Purchase Type For Sale
Square Footage 12,000 sqft
Price per Sqft $112
MLS Listing ID 78080016749
Originating Board Aspire North REALTORS®
Year Built 1995
Lot Size 1.720 Acres
Acres 1.72
Lot Dimensions 250x300
Property Description
Fully leased Investment property with 7.9% cap rate based on projected income. 3 industrial buildings with 300' of frontage on Rennie School Road. 1.7 acre parcel with outdoor storage, good signage and good parking. Building A is 5,520 SF with 7-8 offices, shop space with loft storage, and 3 overhead doors (two at grade level and one with a truck loading dock). Building B is 3,280 SF warehouse with a paint booth. Building C is 3,200 SF insulated warehouse, divided into two sections with 3 overhead doors. All spaces are leased with terms ranging from 1-4 years.
Location
State MI
County Grand Traverse
Area Garfield Twp
Zoning Commercial,Office,Light Industrial
Interior
Heating Forced Air,Space Heater
Heat Source Natural Gas
Exterior
Pool No
Waterfront no
Roof Type Asphalt
Accessibility Disabled Access
Building
Foundation Slab
Sewer Septic Tank (Existing)
Water Well (Existing)
Structure Type Frame
Schools
School District Traverse City
Others
Tax ID 0503300740
Ownership Private Owned
Acceptable Financing Cash,Other,Trade/Exchange
Listing Terms Cash,Other,Trade/Exchange
Financing Cash,Other,Trade/Exchange
Special Listing Condition Unknown/Data Share Listings