1007 Centerville RdSturgis, MI 49091

For Sale
$699,900 View listing
  • Commercial real estate
  • 0.54 AC

Property Details for 1007 Centerville Rd

Lot size
0.54 AC
Property type
Commercial real estate
APN
052-777-023-00
APU
5277702300

Description

This exceptional Sturgis, MI industrial property presents a significant investment opportunity. The main building, measuring 42' x 102' (4,284 square feet), boasts 10-foot ceilings throughout, except for an 8-foot drop ceiling in the lobby/office area. It features three-phase power, two bathrooms, and five overhead doors, providing ample access for loading and unloading. The property also includes a substantial secondary building, a 40' x 80' (3,200 square feet) pole building with 12-foot ceilings and five 10-foot overhead doors. This secondary structure offers extensive storage space and is partially heated, with utilities including gas, electric, water, and sewer already in place, along with a roughed-in bathroom. The entire property sits on a 0.54-acre lot with paved parking, ensuring convenient access and ample space for vehicles. The property is currently utilized as a heating and cooling service building, offering potential for continued operation in this sector or adaptation to various other industrial uses. The sale includes two parcels: 05277702300 and 05277702330. The asking price for the land, buildings, and equipment is $699,900. A separate offering including the business is available for $1,024,900.

Valuation
by Realmo methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $5,063,826
    Hospitality
    $4,638,437
    Educational
    $3,859,125
    Medical
    $3,991,846
    Retail
    $6,003,084
1007 Centerville Rd, Sturgis, Michigan
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Location Insight

City
Sturgis
County
St. Joseph
State
Michigan
Latitude
41.8127
Longitude
-85.4279
CBSA code
44780
CBSA name
STURGIS, MI MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$2,670
$17,800
$90,600
$108,400
-
$35,600
$181,200
$216,800

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