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New Manufacturing Facility
For Sale
$22,000,000

3386 Grand River Ave, Saranac, MI 48881

Newly constructed industrial facility occupied by an aluminum manufacturer under a long-term lease.

Property Size112,340 SF
Lot Size8.90 Acres
Price / SF$195.83
Days on Market68

Property Features for 3386 Grand River Ave

General Information

Standard status Active
Size 112,340 SF
Lot size 8.90 Acres
Property subtype Industrial

Building Details

Building Size 112,340 SF
Listing Agency: Boutique National LLC
Listed By: Nick Ganey, CCIM · License #SL3145813
Source: Bounat
Added: Jun 25 Changed: Aug 30 Last Checked: Aug 30 at 3:41PM

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 Boutique National LLC

Investment Insights

Based on property information with market context.

This newly constructed manufacturing property includes a 112,340-square-foot facility positioned on 8.9 acres. The asset is configured for aluminum manufacturing operations, including production of aluminum alloys and aluminum deoxidizers.

The property is located in Saranac, Michigan, outside Grand Rapids, and is offered through a sale-leaseback structure. Pure Aluminum, a privately held aluminum manufacturing company, has executed a 20-year lease for the facility.

Key Highlights

  • 112,340 SF newly built manufacturing facility
  • Situated on 8.9 acres in Saranac, MI
  • Sale‑leaseback structure with a 20‑year lease executed

Property Analytics

Current Use

Manufacturing properties

Suggested Use

Top Pick Bakery Parking Lot & Garage

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

6
Businesses Nearby

Demographics for 48881, MI

5,438
Population
2,014
Households
2.7
Avg Household Size
42
Median Age
24%
College-Educated
95%
High-School Grad
54.0 sq mi
ZIP Area
101
Density / Sq Mi
$76,915
Median Household Income
$36,418
Median Earnings
$675
Median Rent
$219,400
Median Home Value

Market

Vacancy Rate% for Industrial in Midwest region

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025
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Frequently Asked Questions

What type of property is this?
Manufacturing property - Newly constructed industrial facility occupied by an aluminum manufacturer under a long-term lease.
Where is this manufacturing property located?
The property is located at 3386 Grand River Ave Saranac, MI.
What is the asking price?
The asking price for this property is $22,000,000.
What are key features of this property?
This property features: 112,340 SF newly built manufacturing facility; Situated on 8.9 acres in Saranac, MI; Sale‑leaseback structure with a 20‑year lease executed
More about this property
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