3163 N State Highway new Save Request In-Person Tour Request Virtual Tour
Richfield Twp,MI 48423
Key Details
Property Type Commercial
Sub Type Real Estate Only
Listing Status Active
Purchase Type For Sale
Square Footage 8,000 sqft
Price per Sqft $174
MLS Listing ID 20251021841
Year Built 2003
Annual Tax Amount $12,055
Lot Size 2.750 Acres
Property Sub-Type Real Estate Only
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
Zoning Commercial
Interior
Hot Water Natural Gas
Exterior
Roof Type Metal
Building
Foundation Slab
Sewer Public Sewer (Sewer-Sanitary)
Water Public (Municipal)
Structure Type Metal Siding
Schools
School District Davison
Others
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional
Special Listing Condition Full Service