3905 M139, St. Joseph, MI 49085 (MLS# 22021354)

3905 M139, St. Joseph, MI 49085

$1,275,100

Property Type: Commercial Sale Baths: 1 Square Footage: 29,300 Lot Size (sq. ft.): 113,256 Status: Sold

Current Price: $1,275,100 List Date: 6/01/2022 Last Modified: 7/07/2022

Overview

Description

Prime commercial building on high traffic road just 1mi. from Interstate 94. Consists of 3 - 7,500sqft units in one building, 4,800sqft separate building unit, 2,500 sqft building currently used for boat storage. Fully Occupied with strong businesses. 7 overhead doors, two units have shipping docks, 3 phase available.

Listing Details MLS# 22021354

Location Property Info

County: Berrien
Street #: 3905
Street Name: M139
State: MI
Zip Code: 49085

General Property Info

New Construction: No
Lot Measurement: Acres
Lot Acres: 2.6
Lot Square Footage: 113256
Lot Dimensions: 200' X 568'
Year Built: 1950
Road Frontage: 200
Mineral Rights: Unknown
Total # Units: 5
# Fin Bldg Lvls: Yes
# of Diff Unit Floor Plans: 5
Total # Bldgs: 3
Total SqFt: 29300
Property Use Type: Net Leased (nnn)
Full Baths: 5
Total Baths: Yes
Waterfront: No
School District: St. Joseph

Tax Info

Tax ID #: 1700080026049
Taxable Value: 296443
SEV: 298800
For Tax Year: 2021
Seller's Annual Property Tax: 12692
Tax Year: 2021
Spec Assessment & Type: None Known
Homestead %: 0

Remarks Misc

Directions: Interstate 94 to South on M-139. Property is on the left.

Status Change Info

Under Contract Date: 2022-06-08
Sold Date: 2022-07-07
Sold Price/SqFt: 43.52

More Information

Additional Details

# Loading Docks/Well: 2
Total Parking Spaces: 50
Grd Lvl OH Doors: 7

Unit 1

Unit Description: Fitness
SqFt: 7520
Occupied: Yes
Rent $/Month: 2800
$ Per SqFt: 0.37
# HVAC: 3
$ Per SqFt/Year: 4.47
# Baths: 2
Tenant Pays Electric: Yes
Tenant Pays Gas: Yes
Tenant Pays Sewer: Yes
Tenant Pays Water: Yes

Unit 2

Unit Description: Construction Supply
SqFt: 7280
Occupied: Yes
Rent $/Month: 3250
$ Per SqFt: 0.45
# HVAC: 2
$ Per SqFt/Year: 5.36
# Baths: 2
Tenant Pays Electric: Yes
Tenant Pays Gas: Yes
Tenant Pays Sewer: Yes
Tenant Pays Water: Yes

Unit 3

Unit Description: Fitness
SqFt: 8000
Occupied: Yes
Rent $/Month: 1800
$ Per SqFt: 0.23
# HVAC: 4
$ Per SqFt/Year: 2.7
# Baths: Yes
Tenant Pays Electric: Yes
Tenant Pays Gas: Yes
Tenant Pays Sewer: Yes
Tenant Pays Water: Yes

Unit 4

Unit Description: Storage
SqFt: 2500
Occupied: No
# HVAC: 2
# Baths: Yes
Tenant Pays Electric: Yes
Tenant Pays Gas: Yes
Tenant Pays Sewer: Yes
Tenant Pays Water: Yes

Unit 5

Unit Description: Manufacturing
SqFt: 4000
Occupied: Yes
Rent $/Month: 1600
# HVAC: 2
# Baths: Yes
Tenant Pays Gas: Yes
Tenant Pays Sewer: Yes
Tenant Pays Water: Yes

Location & Property Info

Cross Streets: Niles Avenue
Property Sub-Type: Retail
Area: Southwestern Michigan - S
Municipality: Royalton Twp

Office/Contract Info

Auction or For Sale: For Sale
List Price/SqFt: 50.85
Prop Avail for Lease?: No

Remarks & Misc

Legal: COM 1120'N OF SW COR SEC 8 T5S R18W TH N 200'TH N89DEG50'E 567'TH S 200'TH S89DEG50'W 567'TO POB

Street Type

Public: Yes

Property Use

Business: Yes
Net Leased (nnn): Yes

Utilities Attached

Cable Connected: Yes
Electricity Connected: Yes
Natural Gas Connected: Yes
Phone Connected: Yes

Sewer

Public Sewer: Yes

Water

Public Water: Yes

Uses

Distribution: Yes
Manufacturing: Yes
Professional Service: Yes
Storage: Yes

Construction Type

Steel: Yes

Exterior Material

Metal Siding: Yes

Roofing

Metal: Yes

Heat Source

Electric: Yes
Natural Gas: Yes

Sale Conditions

None: Yes

Ownership

LLC: Yes

Below Grade

None: Yes

Heat Type

Forced Air: Yes

Business Includes

Real Estate: Yes

Additional Features

Clearspan: Yes
Multi User Facility: Yes
Outdoor Storage: Yes

Foundation

Concrete Perimeter: Yes

Util Avail at St

Cable Available: Yes
Electricity Available: Yes
High Speed Internet: Yes
Natural Gas Available: Yes
Phone Available: Yes
Storm Sewer: Yes

Tenant Pays All

Electric: Yes
Gas: Yes
Sewer: Yes
Water: Yes

Driveway

Asphalt: Yes
Concrete: Yes

Docs Req Conf Agrmnt

Financials: Yes
Leases: Yes
Rent Roll: Yes

Purchase Terms Avail

Cash: Yes
Conventional: Yes

Possession

Close Of Escrow: Yes

Property Features

Property Use: Business; Net Leased (nnn) Uses: Distribution; Manufacturing; Professional Service; Storage Ownership: LLC Business Includes: Real Estate Construction Type: Steel Exterior Material: Metal Siding Roofing: Metal Foundation: Concrete Perimeter Below Grade: None Additional Features: Clearspan; Multi User Facility; Outdoor Storage Tenant Pays All: Electric; Gas; Sewer; Water Sewer: Public Sewer Water: Public Water Utilities Attached: Cable Connected; Electricity Connected; Natural Gas Connected; Phone Connected Util Avail at St: Cable Available; Electricity Available; High Speed Internet; Natural Gas Available; Phone Available; Storm Sewer Heat Source: Electric; Natural Gas Heat Type: Forced Air Driveway: Asphalt; Concrete Street Type: Public Purchase Terms Avail: Cash; Conventional Docs Req Conf Agrmnt: Financials; Leases; Rent Roll Sale Conditions: None Unit 1: Tenant Pays Electric; Tenant Pays Gas; Tenant Pays Sewer; Tenant Pays Water Unit 2: Tenant Pays Electric; Tenant Pays Gas; Tenant Pays Sewer; Tenant Pays Water Unit 3: Tenant Pays Electric; Tenant Pays Gas; Tenant Pays Sewer; Tenant Pays Water Unit 4: Tenant Pays Electric; Tenant Pays Gas; Tenant Pays Sewer; Tenant Pays Water Unit 5: Tenant Pays Gas; Tenant Pays Sewer; Tenant Pays Water Possession: Close Of Escrow

Listing Office: Edgewater Realty

Listing Agent: Jason Keller

Last Updated: July - 07 - 2022

The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of MICHRIC , and site contains live data. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.