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

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

Monthly Estimate*

$ 19,939

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Studio

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.

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.

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Commercial Active

Price

$ 3,000,000

Bedrooms

Studio

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
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 N
Property Type Commercial Sale
Attached Garage N
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
NumberOfUnitsTotal 2
MLS Area West Central - W
Lot Size Units Acres
Lot Size Square Feet 1403939.0
Waterfront Y/N Y
Street Name 220th
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
Days on Market 120
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
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 N
Building Area Total 21670.0
Lot Dimensions 986 x 1277
Lot Size Acres 32.23
Road Surface Type Paved
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Interior
Total Fireplaces 2
Total Stories 2
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N Y
Full Baths 4
Street Suffix Avenue
Electric On Property Y/N N
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

$20,672
Per Month
96%
4%
0%
Monthly Principal & Interest
$19,939
Monthly Property Taxes
$733
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% 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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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
249392 Elementary School
251411 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
2/1/2024$3,000,000 Listed Price

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