520 E Dresden

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520 E Dresden

Kalkaska Twp, Michigan 49646

107,000 sqft | MLS# 78080011685

Active $12,000,000

For more information on this property, please contact:

Anwar Jennings

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.

FACTS

School District: Kalkaska County: Kalkaska Status: Active Listing Type: Commercial Year Built: 1988

FEATURES

Sewer: Public Sewer (Sewer-Sanitary) Exterior: Steel


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