Description

Large 107,000 SF industrial investment property on over 11 acres for sale just East of Downtown Kalkaska and only a short drive to Traverse City. Approximately 50% of the building is currently occupied by a solid tenant on a long-term lease, and the property is priced at an approximate 9% CAP Rate. This is one of the largest facilities in Northern MI, and features 4 grade level doors and 2 dock-high doors, 16 offices, 4 restrooms, full fire suppression, security system, and customizable, large capacity 3 phase power. This property has recently undergone extensive updates, and the large lot of land offers plenty of space for expansion and additional buildings.