Waterfront
Address
5438 S 220th Avenue, Reed City, MI
Price
$ 3,000,000
Property Attributes
  • MLS#24005544
  • TypeCommercial
  • CountyOSCEOLA
  • CityReed City
  • AreaRichmond Twp
  • NeighborhoodRichmond Twp
  • Zip49677
  • StyleIndustrial
  • Year Built1980
  • Taxes$ 8793
  • Price$ 3,000,000
  • Bedrooms0
  • Full Bathrooms4
  • Half Bathrooms0
  • Lot Size32.23 Acres
Data Source:
Michigan Regional Information Center (MICHRIC)
Property Description

21,670 sq ft of industrial workspace sitting on 32 acres of land with 1000 ft of Lake No Sho Mo frontage near the intersection of US 131 & US 10. This property has two large buildings with fenced-in parking lot. 4 long term leases in-place with at least 6,000 sq ft of unoccupied space that has overhead cranes and many office space locations. AT&T Fiber Optic Internet. If you are interested and have the funding to purchase, make a reservation to set up a time to take a look. Give me a call for your personal tour.

Price History
2/1/2024 Listed $3,000,000

General Features

Sewer Public Sewer
Cooling Central Air
Utilities Phone Available,Natural Gas Available,Electric Available,Cable Available,Phone Connected,Natural Gas Connected,Electric Connected,Cable Connected
Possession Close Of Escrow
Roof Metal,Rubber,Concrete
Construction Materials Metal Siding,Concrete,Block
Year Built 1980
Tenant Pays Electricity,Gas
Township Richmond Twp
Property SubType Industrial
Tax Year 2023
Business Type Other,Professional/Office,Distribution,Storage,Manufacturing
Waterfront Features No Wake,Private Frontage
Community Features Lake
County Osceola
New Construction No
Property Type Commercial Sale
Attached Garage No
Building Features Util Sep Mt,Bath Common Area,Expandable,Fenced Storage,Fire Sprinkler,Multi User Facility,Outdoor Storage,Over Head Crane
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
Total Units 2
MLS Area West Central - W
Lot Size Square Feet 1403939.0
Waterfront Y/N Yes
Street Name 220th
Land Lease Y/N No
Tax Annual Amount 8793.0
Lease Renewal Y/N No
MLS Area Minor West Central - W
Additional Parcels Y/N No
Lease Considered Y/N No
Rent Control Y/N No
Availability Date 2024-02-01
Days on Market 103
Standard Status Active
Occupancy Description Tenant
Tax Assessed Value 192215
Ownership Type Proprietorship
MobileHomeRemainsYN No
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

Interior Features

Total Fireplaces 2
Total Stories 2
Basement (Y/N) No
Air Conditioning Y/N Yes
Heating Y/N Yes
Full Baths 4
Street Suffix Avenue
Electric On Property Y/N No
Total Baths 4

Exterior Features

Parking Features Paved
Water Source Well,Public
Total Parking 400.0
Inclusions {u'Real Estate': True}
Lot Size Area 32.23
Foundation Details Slab
Number of Buildings 2
Spa No
Building Area Total 21670.0
Lot Dimensions 986 x 1277
Lot Size Acres 32.23
Road Surface Type Paved
Lot Size Units Acres
Crops Included Y/N No
Open Parking Y/N No
Horse Y/N No
Irrigation Water Rights Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 49677

Price
AVG $870K
$3M
Taxes
AVG $4,097
$8,793
Visits
AVG 61
61
Data Provided by Inside Real Estate®
Year Built
AVG 1965
1980

Your Agent

Robin Jennings

Administrative Assistant

612-662-6486

Listed By
Gary B Bailey Sr at Crossroads Realty of Michigan - ()

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