100 Axle Dr Gaastra, MI 49927
- Industrial properties
- 2,784 SF
- 16.96 lot acres
Current Use by Public Records
- Industrial properties
Property Details for 100 Axle Dr
- Year built
- 1978
- Lot size
- 16.96 lot acres
- Property size
- 2,784 SF
- Property type
- Industrial properties
- Property subtype
- Flex space
Description
This exceptional 2,784 square foot flex space industrial property in Gaastra, Michigan, presents a unique investment opportunity. Located on a generous 16.96-acre lot, this property boasts a 100% occupancy rate with a lease expiring April 25, 2024. The building, constructed in 1978 and renovated in 2007, features two stories across three buildings, offering ample space for a variety of uses. The permitted zoning is Commercial/Industrial, providing flexibility for future development. The property includes 100 parking spaces and a substantial 2,784 square feet of air rights. The asking price is $450,000, translating to $161.64 per square foot. The land value alone is $0.60 per square foot. This turnkey operation is a long-established and profitable business, ideally suited for an owner/user. The property includes a loading dock and scale, making it well-equipped for efficient operations. The property is privately owned and is being offered for sale by owner.
Value Estimation
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Gaastra
- County
- Iron
- State
- Michigan
- Longitude
- -88.592
- Latitude
- 46.0572
