5438 S 220th Avenue $3,000,000

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    5438 S 220th Avenue Reed City, MI 49677

    • 21,670 sq. ft.
    • 32.23 Acres
    • Commercial
    • MLS# 24005544
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    Views: 51 Days On Site: 287

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    Property Details

    For Sale: Exceptional Industrial Property with Expansion Capacity Discover this prime industrial property spanning 32 acres, perfect for expanding your business operations. This property boasts two substantial building units, featuring a total of 10,000 square feet of open industrial space and 5,000 square feet of office space. The facility is well-equipped with two 2-ton overhead cranes and one 3-ton overhead crane, enhancing your lifting capabilities. A single loading dock ensures smooth logistics, while the property currently hosts three tenants, providing immediate rental income. Additionally, the property includes a semi truck wash owned by the seller, adding further value and convenience. Don't miss this rare opportunity to acquire a property with vast potential for growth!

    • General Features
      • Year Built 1980
      • New Construction Y/N false
      • Business Type Other,Professional/Office,Distribution,Storage,Manufacturing
      • County Or Parish Osceola
      • Property Sub Type Industrial
      • Tax Annual Amount 8793.0
    • Building Features
      • Cooling Central Air
      • Cooling Y/N true
      • Foundation Details Slab
      • Construction Materials Block, Concrete, Metal Siding
      • Building Area Total 21670.0
      • Roof Metal, Rubber
      • Number Of Units Total 2
      • Heating Y/N true
      • Heating Forced Air
      • Full Bathrooms 4
      • Bathrooms 4
      • Parking Total 400.0
    • Property Features
      • Lot Size Acres 32.23
      • Lot Size Area 32.23
      • Number Of Buildings 2
      • Water Body Name Lake
      • Utilities Cable Connected
      • Water Source Well, Public
      • Waterfront Y/N true
    • Schools
      • High School District Reed City

    Neighborhood

    49677 (Reed City) Demographics

    44 Median Age
    53 Population Density (per sq. mile)
    25% College Educated
    $46,769 Estimated Median Income
    2,212 Estimated Total Home Owners
    595 Estimated Total Renters
    79% / 21% Estimated Owner / Renter Divide
    2 Estimated Average Household Size
    6,999 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $245,000 Median Sales Price
    6 Homes Sold
    18 New On Market

    Average Days on Site

      Properties for Sale

        Calculations provided by Reliance Network

        Property History

        Date Event Price Percent Change
        -- Current Price Source: Multiple Listing Service New Value: $3,000,000
        2/1/2024 11:45:00 AM New in Database Source: Multiple Listing Service New Value: $3,000,000

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        Information Deemed Reliable But Not Guaranteed. The firm operating this website does not display the entire MLS (or MichRIC) Broker Reciprocity database on this web site. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. Updated on 11/14/2024 5:44:59 PM PST. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.


        Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.