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4579 N Park St

1,800 SF Industrial Building Reed City, MI 49677 $170,000 ($94/SF)

Investment Highlights

  • Close to US 131
  • Several Updates
  • Acreage to expand

Executive Summary

Newly Renovated Commercial Facility Located in close proximity to the 131 expressway making easy access for clients or deliveries. Discover the potential in this meticulously updated commercial building, a prime opportunity for businesses seeking an open and efficient space. Renovated just 3 years ago, this facility measures 30x60 feet and sits on a generous 1.92-acre lot, offering ample room for expansion and operations. Updates include new interior and exterior steel, new roof, blow-in insulation, new infrared radiant tube heater, A newly drilled 5'' well along with a new 1.25'' water line, new 480 3-phase power supply, and the electrical system has been completely updated to meet current standards.

Taxes & Operating Expenses (Actual - 2022) Click Here to Access

Annual Annual Per SF
Taxes $99,999 $9.99
Operating Expenses $99,999 $9.99

Taxes & Operating Expenses (Actual - 2022) Click Here to Access

Taxes
Annual $99,999
Annual Per SF $9.99
Operating Expenses
Annual $99,999
Annual Per SF $9.99
Total Expenses
Annual $99,999
Annual Per SF $9.99

Property Facts

Price $170,000
Price Per SF $94
Sale Type Owner User
Sale Conditions Build to Suit
Property Type Industrial
Property Subtype
Warehouse
  • General Retail Auto Repair
  • Industrial Distribution
  • FlexLight Distribution
Building Class C
Lot Size 1.92 AC
Rentable Building Area 1,800 SF
No. Stories 1
Year Built/Renovated 1952/2023
Tenancy Single
Clear Ceiling Height 16 FT
No. Drive In / Grade-Level Doors 1

Utilities

  • Lighting - Fluorescent
  • Gas - Natural
  • Water - Well
  • Sewer - Septic Field
  • Heating - Gas
Bike Score ®
Very Bikeable (70)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
13 250 051 00
Land Assessment
$0 (2024)
Improvements Assessment
$0 (2024)
Total Assessment
$27,000 (2024)
Annual Taxes
($1,800) (($1.00)/SF)
Tax Year
2022

zoning

Zoning Code Commercial-Improved
Commercial-Improved
  • Listing ID: 31061100

  • Date on Market: 11/17/2023

  • Last Updated:

  • Address: 4579 N Park St, Reed City, MI 49677

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