Price $3,000,000 Property Sub-type Manufacturing

Building Size 36,293 SF Property Use Type Vacant/Owner-User

Price/SF $82.66 Clear Ceiling Height 0 ft.

Property Type Industrial Lot Size 502,879 SF

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Listing ID: 19283441 Date Created: 06/12/2015 Last Updated: 12/27/2016

Description

The improvements consist of 3 precast buildings totaling 27,868 sq. ft. and a 4,396 sq. ft. office building and approximately 4 small buildings totaling 4,029 sq. ft. All buildings have poured concrete footings, foundations and floors. The main buildings have concrete roofs and concrete side walls. (Leasing options may be available to suitable tenant.)

The subject is located in a well-established commercial neighborhood on East 9th Street. Located within three miles is the high school, convenience stores, office buildings, hospital, several sports bars, doctors' offices and several commercial retail businesses. Property values have had a modest increase in the past 5 years. During this time the economy has been on an upswing and land values have been on an upswing. The local area has few vacant buildings that lends itself to an upward economy. It is felt that the principles of supply and demand will reflect favorably in this neighborhood.