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3520 Rennie School

Garfield Twp, MI 49685
  • $1,350,000
  • STATUS: Active
  • ON SITE: 146 Days
  • ID#: 78080016749
$1,350,000
  • 0
    BEDS
  • 1.72
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 12,000
    SQFT
  • $113
    $/SQFT
Neighborhood:
N/A
Type:
Commercial
Built:
1995
County:
Area:
Zoning:
Commercial,Office,Light Industrial
Lot Size Dimensions:
250x300

School Ratings & Info

Description

Fully leased Investment property with 7.9% cap rate based on projected income. 3 industrial buildings with 300' of frontage on Rennie School Road. 1.7 acre parcel with outdoor storage, good signage and good parking. Building A is 5,520 SF with 7-8 offices, shop space with loft storage, and 3 overhead doors (two at grade level and one with a truck loading dock). Building B is 3,280 SF warehouse with a paint booth. Building C is 3,200 SF insulated warehouse, divided into two sections with 3 overhead doors. All spaces are leased with terms ranging from 1-4 years.

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IDX provided courtesy of Realcomp II Ltd. via The Calhoun Team of Pretty Home Realty and Realcomp II Ltd.. © 2024 Realcomp II Ltd. Shareholders. Real estate listings held by brokerages other than The Calhoun Team of Pretty Home Realty are marked with the Realcomp-approved IDX logo and are provided through IDX through Realcomp II Ltd. IDX information is provided exclusively for the 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. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Data last updated: 2024-09-14T23:57:15.017.
www.prettyhomerealty.com/homes/149694443
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3520 Rennie School Garfield Twp, MI 49685

  • Price: $1,350,000
  • Status: Active
  • On Site: 146 Days
  • ID#: 78080016749
0
Beds
0
Baths
0
½ Baths
1.72
Acres
12,000
SQFT
$113
$/SQFT
1995
Built
Neighborhood:
N/A
County:
Grand Traverse
Area:
Garfield Twp
Property Description
Fully leased Investment property with 7.9% cap rate based on projected income. 3 industrial buildings with 300' of frontage on Rennie School Road. 1.7 acre parcel with outdoor storage, good signage and good parking. Building A is 5,520 SF with 7-8 offices, shop space with loft storage, and 3 overhead doors (two at grade level and one with a truck loading dock). Building B is 3,280 SF warehouse with a paint booth. Building C is 3,200 SF insulated warehouse, divided into two sections with 3 overhead doors. All spaces are leased with terms ranging from 1-4 years.
Exterior Features

Commercial Exterior Features Loading Dock/Well Construction Materials Frame Foundation Details Slab Lot Size Dimensions 250x300 Roof Material Asphalt

Interior Features

Heating Cooling Forced AirSpace Heater Heating Fuel Natural Gas Room Count 0

Property Features

Accessibility Features Disabled Access Business Type Manufacturing Commercial Type Business Opportunity Current Use Manufacturing Land Contract YN No Listing Financing CashOtherTrade/Exchange Ownership Status Private Owned Possession Subject To Tenant Rights Postal City Traverse City Settlement Township Sewer Septic Tank (Existing) Short Sale No Title Standard (Private) Unparsed Address 3520 Rennie School Water Source Well (Existing) Zoning CommercialOfficeLight Industrial

Realcomp IDX logo IDX provided courtesy of Realcomp II Ltd., via Coldwell Banker Schmidt-522: (231) 929-2300 and Aspire North REALTORS, ©2024 Realcomp II Ltd. Shareholders.


IDX provided courtesy of Realcomp II Ltd. via The Calhoun Team of Pretty Home Realty and Realcomp II Ltd.. © 2024 Realcomp II Ltd. Shareholders. Real estate listings held by brokerages other than The Calhoun Team of Pretty Home Realty are marked with the Realcomp-approved IDX logo and are provided through IDX through Realcomp II Ltd. IDX information is provided exclusively for the 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. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Data last updated: 2024-09-14T23:57:15.017.
 
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The Calhoun Team of Pretty Home Realty
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