Listed by Cushman & Wakefield - Detroit - Southfield, Michigan
$950,000
809 S. Pleasant St
Details
APN 072-110-70-001.000
Property Type Industrial
Sub Type Manufacturing
Lease Type NNN
Year Built 1920; 1970
Buildings 1
Acreage 3.170
Zoning M-1, Light Industrial District
Ceiling Height 11’-25'
Dock High Doors 5
Industrial
Investment highlights
- Total RBA: 62,992 SF
- Industrial Area: 52,692 SF
- Office Area: 10,300 SF
- Site Area: 3.17 Acres
- Buildings: 1
- Year Built: 1920/1970
- Clear Height: Main Plant Area: 11’-15’
- Steel/Crane Room: 25’
- Other Areas: 12’
- Loading Docks: 1 - (8’x8’) Door. Hydraulic lift in the floor of the steel room used for loading and unloading.
- Drive-in Doors: 4- 16’x20’, 12’x16’, 12’x10’, and 10’x10’
- Bay Size/Column
- Spacing: Main Plant and Steel Room are clear span.
- Construction: Steel frame with insulated steel side- walls.
- Roof: Standing seam metal with sections of membrane and built-up.
- Lighting: Industrial / fluorescent
- Power: 1250 amp panel, 480 V / 3-phase electrical service with 480 V buss ducts throughout
- Electric: Village of Montpelier ($2,881.09 monthly while in operation)
- Natural Gas: Ohio Gas ($1,601. 88 monthly)
- Water/Sewer: Village of Montpelier
- HVAC Mix of gas forced air heaters
- Air Conditioning Office only
- Fire Protection: Full sprinkler system
- Security: Yes.
- Restroom 6 total. 3 sets in plant. 3 sets in office
- Breakroom: Yes.
- Auto Parking: Striped parking across front of the building. Gravel lot on north side. Unmarked areas around the building.
- Outside Storage: Per code.
- Site Fencing: No.
- Floor Drains: No.
- Floor Thickness: 6” (per owner)
- Zoning: M-1, Light Industrial District
- Parcel ID: 072-110-70-001.000
- 2024 Taxes: $19,926.64/$0.32 PSF
- Equipment: 5-ton crane in Steel Room. Height is 15’ underhook and the bay is 38’ wide. Drive in capability with crane above hydraulic lift.
- Sale Price: $950,000
- Lease Rate: $3.75 PSF NNN
- Operating Expenses: $ 0.83/SF Total
- CAM: $0.30 PSF *(Estimated)
- INS: $0.21 PSF
- Taxes: $0.32/SF
- Miscellaneous: Standalone manufacturing facility
- Ample office space
- Steel room provides drive-in for loading/unloading via crane and hydraulic lift
Listing Contacts
Listed by Cushman & Wakefield - Detroit - Southfield, Michigan
Valuation Calculator
Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$--
$--
Valuation Metrics
0
DSCR
--
Cap Rate
--
ROI
Broker Selected Comps View More Comps
Property History
Tax History
Similar Properties
Additional Information
Name
License
Brokerage Phone
Is there information that looks off?
