1160 E Napier Ave - Freestanding FOR SALE


Benton Harbor, MI 49022
$1,175,000 USD
269-208-3635
1160 E Napier Ave, Benton Harbor, MI for Sale
$1,175,000 USD
Freestanding - FOR SALE
1/6
null | 13.2% Cap Rate

NEW


1160 E Napier Ave
Benton Harbor, MI 49022


OVERVIEW

Great investment opportunity especially for a business looking for prime commercial space with the added benefit of having two tenants to cover most of the property expenses. This high traffic location (15,000/day) offers great visibility to get your business noticed and boost sales. The building has been recently updated with a new facade, asphalt, roof, windows, doors, etc. This 44,000 sf building has roughly 34,0000 sf rented to B class tenants leaving roughly 13,000 sf vacant and ready to buildout for future tenant or to owner occupy.

FOR SALE DETAILS

PRICE

$1,175,000 USD

PRICE/SF

$25 USD /SF

CAP RATE

13.2%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Storefront Retail/Office, Medical, Department Store

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1976

SPRINKLERS

-

PARKING SPACES

29

LAND DETAILS

LAND ACRES

3.15 AC

LAND SF

137,214 SF

ZONING

C-1

APN/PARCEL ID

11-03-0032-0006-17-1

ASK ABOUT THIS PROPERTY

Chris Marzke@properties | Christie's International Real EstateMore Info
269-208-3635

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Chris Marzke@properties | Christie's International Real EstateMore Info
269-208-3635

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.