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Price Reduced to $375,000 for this 11,440 SF Warehouse / Industrial building onover 11 acres on M-37 in Traverse City, Michigan
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WAREHOUSE | INDUSTRIAL BUILDING FOR SALE1555M37 SOUTH, TRAVERSE CITY, MICHIGAN 49686
Traverse City
DOWNTOWNTRAVERSE CITY
CHERRY CAPITAL AIRPORT
For information contact:
• STAN TORNGA, CPM M‐37
STAN TORNGA, CPM231.883.8267 [email protected]• DAVE FROST231.620.5705 [email protected]• KEVIN ENDRES, PEKEVIN ENDRES, PE231.534.5225 [email protected]• RICK [email protected]
The price for this property has been REDUCED to $375,000. This is an excellent opportunity toPurchase this High Visibility 11,440 +/‐ SF Warehouse/Industrial Building in a rapidly growingarea. This building is well maintained and boasts 764’ of M‐37 frontage and over 11 acres ofland. The building includes 2,640 SF of office space, 3,200 SF of Shop Area, and 5,600 SF of
THREE WEST, LLCLicensed Real Estate Broker4020 Copper View, Ste. 129Traverse City, MI 49684231.929.2955 Phone
©2010, Three West, LLC. We obtained the information above from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation about it. It is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice. We include projections, opinions, assumptions or estimates for example only, and they may not represent current or future performance of the property. You and your tax and legal advisors should conduct your own investigation of the property and transaction.
g , p , , p , ,Manufacturing Area for a total of 9 offices, reception area, conference room, kitchenette, supplyarea, 2 restrooms, 3 overhead doors and 1 truck well.
WAREHOUSE | INDUSTRIAL BUILDING FOR SALE1555M37 SOUTH, TRAVERSE CITY, MICHIGAN 49686
Traverse City
TABLE OF CONTENTS
Property Statistics and Purchase Terms 3
Building Photos & Property Layout 4
Traverse City Area Overview 5
For information contact:
• STAN TORNGA, CPM Traverse City Area Overview 5STAN TORNGA, CPM231.883.8267 [email protected]• DAVE FROST231.620.5705 [email protected]• KEVIN ENDRES, PEKEVIN ENDRES, PE231.534.5225 [email protected]• RICK [email protected]
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©2010, Three West, LLC. We obtained the information above from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation about it. It is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice. We include projections, opinions, assumptions or estimates for example only, and they may not represent current or future performance of the property. You and your tax and legal advisors should conduct your own investigation of the property and transaction.
THREE WEST, LLCLicensed Real Estate Broker4020 Copper View, Ste. 129Traverse City, MI 49684231.929.2955 Phone
WAREHOUSE | INDUSTRIAL BUILDING FOR SALE1555M37 SOUTH, TRAVERSE CITY, MICHIGAN 49686
PROPERTY STATISTICS
• Property Address: 1555 M‐37 SouthTraverse City, Michigan 49686
Traverse CityTraverse City, Michigan 49686
• Township: Blair• Property Size: 11.82 +/‐ Acres• Access: One (1) existing curb cut on M‐37• Sewer: Private• Water: Public• Utilities: Natural Gas, Electric, Cable, High Speed Internet
BUILDING SPECS
• Built in 1970• 11,440 +/‐ Total SF
•2,640 SF Office
For information contact:
• STAN TORNGA, CPM• 3,200 SF Shop Area• 5,600 SF Manufacturing Area
• 9 Offices• 2 Restrooms• 3 Overhead Doors• 1 Truck Well• Central Air in Office Area
STAN TORNGA, CPM231.883.8267 [email protected]• DAVE FROST231.620.5705 [email protected]• KEVIN ENDRES, PE • Central Air in Office Area
• 16’ ceilings in Manufacturing Area• 12’ Ceiling in Shop Area
ACQUISITION TERMS
• PURCHASE TERMS:IC UC $ 3 000 00
KEVIN ENDRES, PE231.534.5225 [email protected]• RICK [email protected]
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• PRICE REDUCED to $ 375,000.00• Commercial Loan, Cash, 1031 Exchange• Immediate Occupancy
THREE WEST, LLCLicensed Real Estate Broker4020 Copper View, Ste. 129Traverse City, MI 49684231.929.2955 Phone
WAREHOUSE | INDUSTRIAL BUILDING FOR SALE1555M37 SOUTH, TRAVERSE CITY, MICHIGAN 49686
Traverse CityPROPERTY PHOTOS
For information contact:
• STAN TORNGA, CPM 7STAN TORNGA, CPM231.883.8267 [email protected]• DAVE FROST231.620.5705 [email protected]• KEVIN ENDRES, PE
M‐37
KEVIN ENDRES, PE231.534.5225 [email protected]• RICK [email protected]
PROPERTY
View from M‐37
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©2010, Three West, LLC. We obtained the information above from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation about it. It is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice. We include projections, opinions, assumptions or estimates for example only, and they may not represent current or future performance of the property. You and your tax and legal advisors should conduct your own investigation of the property and transaction.
THREE WEST, LLCLicensed Real Estate Broker4020 Copper View, Ste. 129Traverse City, MI 49684231.929.2955 Phone
WAREHOUSE | INDUSTRIAL BUILDING FOR SALE1555M37 SOUTH, TRAVERSE CITY, MICHIGAN 49686
• The Traverse City Area is one of the state’s leading
TRAVERSE CITY AREA OVERVIEW
• Traverse City is home to MunsonMedical Center
Traverse City• The Traverse City Area is one of the state s leading tourism destinations. The number of visitors to Grand Traverse County has increased steadily from an estimated 1.2 million in 1990 to 1.9 million in 2005.
• While population growth across the area is similar to that of the U.S. as a whole, local growth rates are
• Traverse City is home to Munson Medical Center, Northern Michigan’s largest medical facility and one of Traverse City’s largest employers.
• The five county region has a very strong and active Chamber of Commerce. For more information go to www.tcchamber.org
significantly above statewide averages.
• Grand Traverse County’s population as of 2006 was 86,413 and is expected to climb to 92,540 by 2011. This accounts for an annual population increase of 1,225.
For information contact:
• STAN TORNGA, CPM• The median household income in 2006 for the five County area was $48,896. These median household incomes are expected to increase by 2.6% by the year 2011, or $55,562.
• The educational attainment for adults, aged over 25
STAN TORNGA, CPM231.883.8267 [email protected]• DAVE FROST231.620.5705 [email protected]• KEVIN ENDRES, PE , g
years as of 2005, for the Grand Traverse region out paced both the state and national averages with 40.1% of this population obtaining an associates degree or higher .
KEVIN ENDRES, PE231.534.5225 [email protected]• RICK [email protected]
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©2010, Three West, LLC. We obtained the information above from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation about it. It is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice. We include projections, opinions, assumptions or estimates for example only, and they may not represent current or future performance of the property. You and your tax and legal advisors should conduct your own investigation of the property and transaction.
THREE WEST, LLCLicensed Real Estate Broker4020 Copper View, Ste. 129Traverse City, MI 49684231.929.2955 Phone
