350 E Broadway Avenue, Muskegon Heights, MI 49444 (MLS# 17058820)
350 E Broadway Avenue, Muskegon Heights, MI 49444
$1,300,000
Property Type:
Commercial Sale
Square Footage:
100,060
Lot Size (sq. ft.):
159,603
Status:
Sold
Current Price:
$1,400,000
List Date:
12/11/2017
Last Modified:
10/21/2021
Description
An exceptional investment opportunity to acquire a 100% interest, providing investors with a stable return over the next 10 years based on a long-term sale/leaseback transaction. The subject property is located in Muskegon County with convenient access to the primary thoroughfare US31 connecting to interstates 96 and I96. The property consists of a 3.7-acre site occupied by a 100,000 SF industrial building. The building is currently fully leased for warehousing and light assembly operations.
More Information MLS# 17058820
Location Property Info
County: Muskegon
Street #: 350
Street Direction: E
Street Name: Broadway
Suffix: Avenue
State: MI
Zip Code: 49444
Area: Muskegon County - M
OfficeContract Info
Status: Sold
Current Price: $1,300,000
List Price: $1,400,000
Listing Date: 2017-12-11
General Property Info
New Construction: No
Lot Measurement: Acres
Lot Acres: 3.66
Lot Square Footage: 159603
Lot Dimensions: 266' x 600'
Year Built: 1967
Road Frontage: 266
Total # Units: 1
# Fin Bldg Lvls: 1
Total # Bldgs: 1
Total SqFt: 100060
Full Baths: 3
Waterfront: No
School District: Muskegon Hts
Tax Info
Tax ID #: 6126185202000100
Taxable Value: 180589
SEV: 238300
For Tax Year: 2017
Annual Property Tax: 13428.26
Tax Year: 2017
Spec Assessment & Type: none known
Remarks Misc
Directions: BUS31 to Getty St. north to Broadway west.
Status Change Info
Under Contract Date: 2018-03-27
Sold Date: 2018-06-12
Sold Price: $1,300,000
Sold Price/SqFt: 12.99
Additional Details
# Loading Docks/Well: 2
Grd Lvl OH Doors: 2
Ceiling Height: 16
Waterfront Options
Water Access Y/N: No
Property Features
Uses: Distribution; Manufacturing; Storage
Ownership: Corporation
Business Includes: Non-Applicable
Construction Type: Block
Additional Features: Fire Sprinkler
Tenant Pays All: Building Insurance; Common Area Maintena; Gas; Janitorial; Management Fee; Prop Taxes/Assess; Sewer; Trash; Water
Sewer: Public Sewer
Water: Public Water
Utilities Attached: Electricity Connected; Natural Gas Connected; Phone Connected
Util Avail at St: Electricity Available; Natural Gas Available; Storm Sewer
Heat Source: Natural Gas
Heat Type: Space Heater
Purchase Terms Avail: Cash; Conventional
Docs Req Conf Agrmnt: Environmental Reports; Financials
Sale Conditions: None
Listing Office: Core Realty Partners LLC
Listing Agent: Bryan Bench
Last Updated: October - 21 - 2021
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