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Fully Occupied 3060 Madison Ave SE 15,304 SF 44% Leased Industrial Building Grand Rapids, MI 49548 $1,931,160 CAD ($126.19 CAD/SF) 9.08% Cap Rate
INVESTMENT HIGHLIGHTS
- Fully Occupied
- Close to expressway
- High Traffic Industrial area
- Seller Financing
EXECUTIVE SUMMARY
Fully Occupied AND Seller Finance Terms
The owner would be willing to Seller-Finance with a strong buyer and adequate terms.
Approximate Terms:
Purchase Price: $1,400,000
Down Payment: $280,000 (20%)
Seller Financing: Balance of $1,120,000 carried by Seller
Interest Rate: 6.00% (amortized over 300 months)
Balloon Payment: 5 years (60 months)
Payment: $7,216.18
Cash Flow after debit service: $40,524
PROPERTY FACTS
AMENITIES
- 24 Hour Access
- Signage
- Air Conditioning
UTILITIES
- Lighting
- Gas
- Water
- Sewer
- Heating
SPACE AVAILABILITY
- SPACE
- SIZE
- SPACE USE
- CONDITION
- AVAILABLE
Nice industrial space located in Wyoming, MI Heavy power, air conditioned 1 loading dock and 1 drive-in door Warehouse space available is: 6,760 SQ feet Office space is: 1,850 SQ feet Dock Door Access with an Overhead Door Ample parking 5+ offices Conference Room High ceilings Conveniently located right off US-131 and 28th Street
| Space | Size | Space Use | Condition | Available |
| 1st Fl - 100 | 3,600-8,610 SF | Industrial | Full Build-Out | Now |
1st Fl - 100
| Size |
| 3,600-8,610 SF |
| Space Use |
| Industrial |
| Condition |
| Full Build-Out |
| Available |
| Now |
1st Fl - 100
| Size | 3,600-8,610 SF |
| Space Use | Industrial |
| Condition | Full Build-Out |
| Available | Now |
Nice industrial space located in Wyoming, MI Heavy power, air conditioned 1 loading dock and 1 drive-in door Warehouse space available is: 6,760 SQ feet Office space is: 1,850 SQ feet Dock Door Access with an Overhead Door Ample parking 5+ offices Conference Room High ceilings Conveniently located right off US-131 and 28th Street
PROPERTY TAXES
| Parcel Number | 41-18-18-251-001 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $522,865 CAD |
PROPERTY TAXES
Presented by
Fully Occupied | 3060 Madison Ave SE
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