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Property profile

3320 Grant St Manistee, MI 49660

OFF-MARKET
Industrial properties
11,400 SF 5.02 ac lot Built 1968
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Property summary

AI-generated overview

This exceptional 11,400 square foot industrial property, situated on a generous 5.02-acre lot in Manistee, Michigan, presents a compelling investment opportunity. Previously utilized as a semi-truck and trailer service facility, the building boasts a substantial concrete pad ideal for trailer parking and maneuvering within the expansive yard space. Recent upgrades significantly enhance the property's functionality and appeal. These improvements include a fresh coat of exterior paint, attractive landscaping, completely renovated and upgraded office spaces, modernized lighting throughout, a newly constructed restroom, a dedicated employee break area, and a new HVAC system installed in the office area. The property's location in Manistee offers convenient access to transportation routes and a strong local workforce. The combination of ample space, recent renovations, and strategic location makes this property well-suited for a variety of industrial uses, presenting a strong return on investment for the discerning buyer. The property is priced competitively at $599,000 and is ready for immediate occupancy. Serious inquiries are encouraged.

Property profile

Verified
Property type Industrial properties
Year built 1968
Total area 11,400 SF
Lot 5.02 ac (218,671 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

3320 Grant St Manistee, MI 49660
Manistee metro
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Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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