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20902429
20902437

4253 OTTER LAKE RD, Otter Lake, MI 48464 For Sale

SM
MI MI 6501362283
Berkshire Hathaway HomeServices Michigan Real Estate Grand Rapids
Listed by Berkshire Hathaway HomeServices Michigan Real Estate Grand Rapids
$5,750,000
590 days on market
Updated 37 days ago

4253 Otter Lake Rd

Details
APN 01301000400
Property Type Business for Sale, Industrial (+1)
Sub Type Business and Building, Warehouse (+2)
Square Footage 6,900
NOI $661,621
Class C
Year Built 2019
Buildings 1
Stories 3
Acreage 128.100
Zoning Agricultural
Investment Type Owner/User
Occupancy Date 12/05/2024
Ceiling Height 48'
Loading Docks 5
Dock High Doors 6
Ownership Private
Sale Condition For sale by owner

Business for Sale | 6,900 SqFt

Marketing description

Immediate revenue opportunity. Whether you’re a season supply company looking to grow your business or wanting to get into the aggregate supply business, here’s a great opportunity for you of a turnkey operation. Over 128 Acres of virgin land ready for mining of topsoil, sand, gravel or stone with over 10 tons of aggregate reserves. Building, land, equipment and book of business for sale. Over 1.6M in equipment included. Building equipped with reception area, bay area for maintenance and storage, conference room, living quarters and so much more. Contact listing agent for more information or tour.

Investment highlights

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Listing Contacts

SM
MI MI 6501362283
Berkshire Hathaway HomeServices Michigan Real Estate Grand Rapids
Listed by Berkshire Hathaway HomeServices Michigan Real Estate Grand Rapids

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Loan Amount
$0.00
Annual Debt Service
$--
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Annual Cash Flow
$661,621.00
$55,135.08/mo

Valuation Metrics

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DSCR
11.51%
Cap Rate
11.51%
ROI

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Additional Information

Name
Steven Melchor
License
MI 6501362283
Brokerage
Berkshire Hathaway HS Michigan Real Estate
Title
Associate Broker
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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