Davison, MI 48423 1148,3163 N State Highway
Davison, MI 48423 1148,3163 N State Highway
Davison, MI 48423 1148,3163 N State Highway
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$1,399,000
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8,000 SqFt
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3163 N State Highway Davison, MI 48423 1148

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Key Details

Property Type Commercial

Sub Type Commercial/Industrial

Listing Status Active

Purchase Type For Sale

Square Footage 8,000 sqft

Price per Sqft $174

Subdivision Mi

MLS Listing ID 60923009

Annual Tax Amount $12,055

Lot Size 2.750 Acres

Acres 2.75

Lot Dimensions 200 x 600

Property Sub-Type Commercial/Industrial

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 Richfield Twp (25015)

Zoning Commercial

Exterior

Roof Type Metal

Building

Foundation Slab

Water Public Water

Others

Ownership Private

Energy Description Natural Gas

Financing Cash,Conventional


MiRealSource (MI RealSource (Lenawee /Saginaw/SE-Border/Gr Shiawassee/Upper Peninsula)
Listed by New Michigan Realty

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Beth Taylor

Beth Taylor

Agent | License ID: 6501442975

+1(810) 347-5332

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3163 N State Highway