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Property profile & analytics
FOR SALE
Industrial properties

212 South Pine River St Ithaca, MI 48847

1.24 ac lot
Entity Owned 10-yr Hold Free & Clear
Property ID
US43-2754429
Property summary
AI-generated overview

This vacant, 36,614-square-foot Class C warehouse in Ithaca, Michigan, presents a compelling owner-user opportunity. Located at 212 S Pine River St, this fee-simple property sits on a 1.14-acre lot zoned Industrial I, offering convenient access to US-127. The single-story, 1970-built structure boasts 2,800 square feet of office space, a 1,160-square-foot mezzanine for additional storage, and a second-floor lounge with a full bathroom. The building features two dock-high doors and three 14-foot drive-in doors (two previously dock-level, now filled with gravel). Ceiling heights range from 14 to 16 feet. The property also includes paved parking areas accessible from Newark Street and a recently replaced gable shingled roof on the rear section. The asking price is $840,000. The APN is 52-323-001-00. This versatile space is ideal for a variety of industrial uses and benefits from its prime corner location at Pine River and E Newark Streets in Gratiot County, Michigan, zip code 48847.

Property profile
Verified
Property type Industrial properties
Use group INDUSTRIAL (GENERAL)
Lot 1.24 ac (54,014 SF)
APN 52-323-001-00
UPID US43-2754429
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Clean Harbors Waste Management Facility Hazardous Waste Disposal
  • Schrader Environmental Environmental Consultant Environmental Program
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
SA PROPERTIES LLC
SA PROPERTIES LLC
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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