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    205 Ridge St Port Sanilac, MI 48469

    Sponsored
    For Sale
    $2,050,000

    12.4-Acre Multi-Unit Warehouse Complex

    Property size:
    42,760 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 42,760 square foot industrial complex, situated on 12.4 acres in Port Sanilac, Michigan, presents a unique owner-user opportunity. The property boasts a fully operational multi-tenant warehouse featuring a high-bay drive-thru design and a 3-ton crane, ideal for various industrial uses. A thriving 91-unit self-storage facility, with significant expansion potential, complements the warehouse. The complex also includes a fully equipped mechanic shop and a 2,500 square foot apartment, adding to its versatility. Built in 1990, this Class B property comprises five single-story buildings, offering 300 parking spaces. The sale includes all existing equipment, and the property benefits from high visibility on a main road. The included towing license and access to police auctions further enhance its investment potential. Zoned for commercial use, this property offers a compelling blend of income-generating assets and operational space, making it an attractive investment for a diverse range of businesses. The property's location in Port Sanilac provides access to major transportation routes and the scenic Lake Huron shoreline. This turnkey operation is ready for a new owner to modernize and expand upon its existing success. The asking price is $2,050,000, with a price per square foot of $47.94 and a price per unit of $22,527.47. The property's APN is 212-240-000-128-00.

    Property Features for 205 Ridge St

    General Information

    Property type
    Distribution properties
    Square Feet
    42,760 SF
    Class
    B
    Lot Size
    540,144 SF

    Building Details

    Year Built
    1990
    Buildings
    5
    Stories
    1
    Units
    91

    HighLights

    • 12.4‑acre industrial complex in Port Sanilac, MI.
    • High‑bay drive‑thru warehouse with a 3‑ton crane.
    • Operational mechanic shop included.
    • 91‑unit self‑storage facility with expansion potential.
    • On‑site, 2,500 SF apartment.
    • Equipment included in the $2,050,000 sale price.
    Property Profile Location Intelligence

    Current Use by Public Records

    Auto Care Center ... Used Car Dealer U-Haul Neighborhood Dealer Trailer Rental Service

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Port Sanilac
    County
    Sanilac
    State
    Michigan
    Longitude
    -82.5436025
    Latitude
    43.4358678

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    FAQs

    What type of property is this?
    Distribution property - 12.4-Acre Multi-Unit Warehouse Complex
    Where is this distribution property located?
    The property is located at 205 Ridge St Port Sanilac, MI.
    What is the asking price?
    The asking price for this property is $2,050,000.
    What are key features of this property?
    This property features: 12.4-acre industrial complex in Port Sanilac, MI.; High-bay drive-thru warehouse with a 3-ton crane.; Operational mechanic shop included.
    Request Owner's contact information
    205 Ridge St Port Sanilac, MI 48469
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    205 Ridge St Port Sanilac, MI 48469
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