3163 N State Highway new

Davison,MI 48423

$ 1399000

- Bed

0 Bath

8000 SqFt


Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 8,000 sqft

Price per Sqft $174

Municipality Richfield Twp

Subdivision Richfield Twp

MLS Listing ID 20251021841

Year Built 2003

Annual Tax Amount $12,055

Lot Size 2.750 Acres

Acres 2.75

Lot Dimensions 200 x 600

Source Realcomp

Property Description

Investment opportunity and great location with 200 ft road frontage on N. Sate Rd (M15), just north of the City of Davison, high traffic count, and zoned Commercial/Industrial. The property has 2.75 acres with an existing 8,000 sq ft building generating income with an existing lease. The return on investment is an 8% cap rate. This listing is for Real Estate only. The current tenant is a Heating and Cooling Sales and Service business. The building has 2,600 sq ft of office and showroom space, and 5,400 sq ft of warehouse space. 4,000 sq ft of the building has heat and air conditioning, and 4,000 sq ft has heat and supplemental air conditioning. Built in 2003.

Location

State MI

County Genesee

Area Genesee County - 10

Zoning Commercial

Direction North of Potter Rd on State Rd

Exterior

View Y/N No

Roof Type Metal

Building

Foundation Slab

Sewer Public

Water Public

Structure Type Metal Siding

Schools

School District Davison

Others

Tax ID 1633400019

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