5438 220th Avenue Reed City, MI $ 3,000,000
5438 220th Avenue
$ 3,000,000
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5438 220th Avenue

Reed City, MI, 49677
$ 3,000,000
Bedrooms-- Baths4.0

Monthly Estimate*

$ 18,716

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Commercial Property for sale in Reed City, MI

for $3,000,000 with 4 full baths. This building was built in 1980 on a lot size of 32.23.

For Sale: Exceptional Industrial Property with Expansion Capacity Discover this prime industrial property spanning 32 acres, perfect for expanding your business operations. This property boasts two substantial building units, featuring a total of 10,000 square feet of open industrial space and 5,000 square feet of office space. The facility is well-equipped with two 2-ton overhead cranes and one 3-ton overhead crane, enhancing your lifting capabilities. A single loading dock ensures smooth logistics, while the property currently hosts three tenants, providing immediate rental income. Additionally, the property includes a semi truck wash owned by the seller, adding further value and convenience. Don't miss this rare opportunity to acquire a property with vast potential for growth!

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Commercial Active

Price

$ 3,000,000

Full Bath

4

Property Type

Commercial

Taxes

$ 8,793

Style

Industrial

Lot Size

32.23

Year Built

1980

Town/City

Reed City

County/Region

Osceola

MLS | Web ID

24005544

Features
General
Heating Forced Air
Cooling Central Air
Utilities Phone Available Natural Gas Available Electricity Available Cable Available Phone Connected Natural Gas Connected Electricity Connected Cable Connected
Possession Close Of Escrow
Roof Metal Rubber
Construction Materials Block Concrete Metal Siding
Year Built 1980
Tenant Pays Electric Gas
Township Richmond Twp
Property Subtype Industrial
Tax Year 2023
Ownership Private Owned
Business Type Other Professional/Office Distribution Storage Manufacturing
Waterfront Features Lake River
County Osceola
New Construction N
Property Type Commercial Sale
Building Features Util Sep Mt Bath Common Area Expandable Fenced Storage Fire Sprinkler Multi User Facility Outdoor Storage Over Head Crane
Full Baths 4
Status Active
Directions US 131 to US 10 (Exit 153 / Reed City). Turn E to the first traffic signal. Turn N onto Patterson Rd (220th Ave). Property is on the E side of the road (less than 1/2 mile north of US 10).
City Reed City
Body of Water Lake
High School District Reed City
Zoning Description Ind Improved
Number Of Units Total 2
MLS Area West Central - W
Lot Size Units Acres
Lot Size Square Feet 1403939.0
Listing Terms Conventional Cash
Land Lease Y/N N
Tax Annual Amount 8793.0
Lease Renewal Y/N N
MLS Area Minor West Central - W
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Availability Date 2024-02-01
Standard Status Active
Occupancy Type Tenant
Tax Assessed Value 192215
Ownership Type Proprietorship
Legal Description SEC 4 T17N R10W PT OF W 1/2 COM S0DEG42'22''W 12.72 FT FR W 1/4 COR TH S89DEG48'09''E 633
Senior Community None
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Exterior
Water Source Well
Total Parking 400.0
Inclusions Real Estate
Lot Size Area 32.23
Foundation Details Slab
Number of Buildings 2
Spa N
Building Area Total 21670.0
Lot Dimensions 986 x 1277
Lot Size Acres 32.23
Road Surface Type Paved
Waterfront Y/N Y
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
Private Frontage True
View True
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Interior
Total Stories 2
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N Y
Total Baths 4
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Internal Only
Street Number 1 5438
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* Excluded Features
List By
Crossroads Realty Of Michigan

Broker

gary@crossroadsrealtymi.com

Email

Affordability Calculator

$19,449
Per Month
96%
4%
0%
Monthly Principal & Interest
$18,716
Monthly Property Taxes
$733
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
249392 Elementary School
4667756 Middle School
Reed City High School High School
Pricing History
DatePricePrice ChangeDescription
2/1/2024$3,000,000 Listed Price

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5438 220th Avenue, Reed City, MI, 49677 is a Commercial Property for sale at $3,000,000 with a lot size of 32.23. 5438 220th Avenue has 4.0 baths and was built in 1980. The property's zip code is 49677 which is in Reed City, MI