Industrial Complex with
For Sale
$3,000,000
5438 220 Ave, Reed City, MI 49677
Industrial-improved property combines multiple buildings, existing tenancy, and additional space for occupancy or expansion.
Property Size33,179 SF
Price / SF$90.42
Days on Market943
Property Features for 5438 220 Ave
General Information
Standard status
Active
Size
33,179 SF
Class
B
Total Parking Spaces
400
Property subtype
Industrial
Zoning
Industrial-Improved
Occupancy
70%
Building Details
Building Size
33,179 SF
Year Built
1980
Year Renovated
2004
Buildings
2
Stories
2
Listing Agency:
Crossroads Realty of Michigan
(231) 250-6122
Listed By:
Gary B. Bailey · License #6502321269
(231) 250-6122
Source:
Cpix.resimplifi
Added: Feb 1, 2024
Changed: Aug 29
Last Checked: Aug 29 at 11:18PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Crossroads Realty of Michigan
Investment Insights
Based on property information with market context.
This industrial property includes two substantial buildings on more than 32 acres, with approximately 33,179 square feet of building area. Four tenants currently occupy portions of the complex, while 30% of the building area remains available for lease. The property was built in 1980 and is zoned Industrial-Improved.
The site includes approximately 1,000 feet of frontage along Lake No Sho Mo and the Hersey River. Located at 5438 220 Ave in Reed City, Michigan, the property provides a large industrial setting with room for future expansion.
The site includes approximately 1,000 feet of frontage along Lake No Sho Mo and the Hersey River. Located at 5438 220 Ave in Reed City, Michigan, the property provides a large industrial setting with room for future expansion.
Key Highlights
- More than 32 acres of industrial property
- Approximately 33,179 square feet across two large buildings
- Four existing tenants with 30% of building area currently unleased
Property Analytics
Property Profile
Current Use
Lease Details
70%
Occupancy
Location Intelligence
Trade Area within ½ mile
46
Businesses Nearby
Explore this area
Business Placement
Demographics for 49677, MI
6,787
Population
3,452
Households
2
Avg Household Size
42
Median Age
17%
College-Educated
87%
High-School Grad
126.7 sq mi
ZIP Area
54
Density / Sq Mi
$58,829
Median Household Income
$37,421
Median Earnings
$713
Median Rent
$122,900
Median Home Value
Market
Vacancy Rate% for Industrial in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Industrial property - Industrial-improved property combines multiple buildings, existing tenancy, and additional space for occupancy or expansion.
Where is this industrial property located?
The property is located at 5438 220 Ave Reed City, MI.
What is the asking price?
The asking price for this property is $3,000,000.
What are key features of this property?
This property features: More than 32 acres of industrial property; Approximately 33,179 square feet across two large buildings; Four existing tenants with 30% of building area currently unleased
