520 E Dresden
gallery view
map view
520 E Dresden
107,000 sqft | MLS# 78080011685
Active $12,000,000
request more info
send to a friend
print this pageFor more information on this property, please contact:
Anwar Jennings
313-283-1873 313-283-1873 Send emailDESCRIPTION
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
All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor City Center Realty, LLC shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
IDX provided courtesy of Aspire North REALTORS®, by Alex MacKenzie via Coldwell Banker Schmidt-522 and Realcomp II Ltd, ©2023 Realcomp II Ltd. Shareholders
