4423 40th St SE - Distribution FOR SALE


Grand Rapids, MI 49512- Outer Kentwood/Wyoming
$2,000,000 USD
616-327-2616
4423 40th St SE, Grand Rapids, MI for Sale
$2,000,000 USD
Distribution - FOR SALE
1/12
null | Request Cap Rate

4423 40th St SE
Grand Rapids, MI 49512
Outer Kentwood/Wyoming


OVERVIEW

The property located at 4423 40th Street SE is a highly desirable 19,560 SF industrial building on 2.49 acres, of which approximately one acre is undeveloped and can be utilized for outside storage or building expansion purposes by up to 30,000 SF. The convenient location of this property provides immediate access to the entire West Michigan market via I-96 and M-6. The industrial portion of the building is 15,615 SF and features 18’-21 clear heights, one 3-ton crane, 4 dock doors, 2 drive-in doors, 800 amps of 480/v 3-phase power and a 625 SF service counter area. The building includes 3,945 SF of office area broken out amongst private offices, cubicle areas, conference rooms and breakrooms. The building provides a rare and unique purchase opportunity for warehousers, manufacturers and multiple other industrial users.

FOR SALE DETAILS

PRICE

$2,000,000 USD

PRICE/SF

$102 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Distribution

ADD'L SUBTYPES

Manufacturing, Warehouse

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1994

UTILITIES

-

CLEAR CEILING HT

-

DOCKS

1

DRIVE INS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

2.49

LAND SF

108,464

ZONING

I1

APN/PARCEL ID

41-18-24-200-075

ASK ABOUT THIS PROPERTY

Tim Van Noord, SIORAdvantage Commercial Real Estate Services LLCMore Info
616-327-2616

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Tim Van Noord, SIORAdvantage Commercial Real Estate Services LLCMore Info
616-327-2616

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