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WAREHOUSE | INDUSTRIAL BUILDING ­ FOR SALE
1555M­37 SOUTH, TRAVERSE CITY, MICHIGAN 49686


  Traverse City

              ...
WAREHOUSE | INDUSTRIAL BUILDING ­ FOR SALE
1555M­37 SOUTH, TRAVERSE CITY, MICHIGAN 49686


    Traverse City



          ...
WAREHOUSE | INDUSTRIAL BUILDING ­ FOR SALE
1555M­37 SOUTH, TRAVERSE CITY, MICHIGAN 49686


                               ...
WAREHOUSE | INDUSTRIAL BUILDING ­ FOR SALE
1555M­37 SOUTH, TRAVERSE CITY, MICHIGAN 49686


                               ...
WAREHOUSE | INDUSTRIAL BUILDING ­ FOR SALE
1555M­37 SOUTH, TRAVERSE CITY, MICHIGAN 49686


    Traverse City              ...
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3 W 1555 M 37 Marketing Package

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Price Reduced to $375,000 for this 11,440 SF Warehouse / Industrial building onover 11 acres on M-37 in Traverse City, Michigan

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Transcript of "3 W 1555 M 37 Marketing Package"

  1. 1. WAREHOUSE | INDUSTRIAL BUILDING ­ FOR SALE 1555M­37 SOUTH, TRAVERSE CITY, MICHIGAN 49686 Traverse City DOWNTOWN TRAVERSE CITY CHERRY CAPITAL  AIRPORT For information contact: M‐37 STAN TORNGA, CPM • STAN TORNGA, CPM 231.883.8267 Cell stornga@threewest.net • DAVE FROST 231.620.5705 Cell dfrost@threewest.net • KEVIN ENDRES, PE KEVIN ENDRES, PE 231.534.5225 Cell kendres@threewest.net • RICK DENEWETH The price for this property has been REDUCED to $375,000. This is an excellent opportunity to 231.590.0066 Purchase this High Visibility 11,440 +/‐ SF Warehouse/Industrial Building in a rapidly growing rdeneweth@threewest.net area. This building is well maintained and boasts 764’ of M‐37 frontage and over 11 acres of land. The building includes 2,640 SF of office space, 3,200 SF of Shop Area, and 5,600 SF of g , p , , p , , THREE WEST, LLC Manufacturing Area for a total of 9 offices, reception area, conference room, kitchenette, supply Licensed Real Estate Broker area, 2 restrooms, 3 overhead doors and 1 truck well. 4020 Copper View, Ste. 129 ©2010, Three West, LLC. We obtained the information above from sources we believe to be reliable.  However, we have not verified its accuracy and make no  guarantee, warranty or representation about it.  It is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or  Traverse City, MI 49684 withdrawal without notice.  We include projections, opinions, assumptions or estimates for example only, and they may not represent current or future performance of  231.929.2955  Phone the property.  You and your tax and legal advisors should conduct your own investigation of the property and transaction.
  2. 2. WAREHOUSE | INDUSTRIAL BUILDING ­ FOR SALE 1555M­37 SOUTH, TRAVERSE CITY, MICHIGAN 49686 Traverse City TABLE OF CONTENTS Property Statistics and Purchase Terms 3 For information contact: Building Photos & Property Layout 4  • STAN TORNGA, CPM STAN TORNGA, CPM Traverse City Area Overview Traverse City Area Overview 5 231.883.8267 Cell stornga@threewest.net • DAVE FROST 231.620.5705 Cell dfrost@threewest.net • KEVIN ENDRES, PE KEVIN ENDRES, PE 231.534.5225 Cell kendres@threewest.net • RICK DENEWETH 231.590.0066 rdeneweth@threewest.net THREE WEST, LLC Licensed Real Estate Broker ©2010, Three West, LLC. We obtained the information above from sources we believe to be reliable.  However, we have not verified its accuracy and make no  guarantee, warranty or representation about it.  It is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or  4020 Copper View, Ste. 129 withdrawal without notice.  We include projections, opinions, assumptions or estimates for example only, and they may not represent current or future performance of  Traverse City, MI 49684 the property.  You and your tax and legal advisors should conduct your own investigation of the property and transaction. 231.929.2955  Phone 2
  3. 3. WAREHOUSE | INDUSTRIAL BUILDING ­ FOR SALE 1555M­37 SOUTH, TRAVERSE CITY, MICHIGAN 49686 PROPERTY STATISTICS Traverse City • Property Address:   1555 M‐37 South Traverse City, Michigan 49686 Traverse City, Michigan 49686 • Township: Blair • Property Size:  11.82 +/‐ Acres • Access:  One (1) existing curb cut on M‐37 • Sewer:  Private • Water:  Public • Utilities:  Natural Gas, Electric, Cable, High Speed Internet BUILDING SPECS For information contact: • Built in 1970 • 11,440 +/‐ Total SF • STAN TORNGA, CPM STAN TORNGA, CPM •2,640 SF Office 231.883.8267 Cell • 3,200 SF Shop Area stornga@threewest.net • 5,600 SF Manufacturing Area • 9 Offices • DAVE FROST • 2 Restrooms 231.620.5705 Cell • 3 Overhead Doors dfrost@threewest.net • 1 Truck Well • KEVIN ENDRES, PE KEVIN ENDRES, PE • Central Air in Office Area Central Air in Office Area 231.534.5225 Cell • 16’ ceilings in Manufacturing Area kendres@threewest.net • 12’ Ceiling in Shop Area • RICK DENEWETH 231.590.0066 ACQUISITION TERMS rdeneweth@threewest.net • PURCHASE TERMS: • PRICE REDUCED to $ 375,000.00 IC UC $ 3 000 00 THREE WEST, LLC • Commercial Loan, Cash, 1031 Exchange Licensed Real Estate Broker • Immediate Occupancy 4020 Copper View, Ste. 129 Traverse City, MI 49684 231.929.2955  Phone 3
  4. 4. WAREHOUSE | INDUSTRIAL BUILDING ­ FOR SALE 1555M­37 SOUTH, TRAVERSE CITY, MICHIGAN 49686 PROPERTY PHOTOS Traverse City For information contact: • STAN TORNGA, CPM STAN TORNGA, CPM M‐37 7 231.883.8267 Cell stornga@threewest.net • DAVE FROST 231.620.5705 Cell dfrost@threewest.net • KEVIN ENDRES, PE KEVIN ENDRES, PE 231.534.5225 Cell View from M‐37 kendres@threewest.net • RICK DENEWETH PROPERTY 231.590.0066 rdeneweth@threewest.net THREE WEST, LLC Licensed Real Estate Broker ©2010, Three West, LLC. We obtained the information above from sources we believe to be reliable.  However, we have not verified its accuracy and make no  guarantee, warranty or representation about it.  It is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or  4020 Copper View, Ste. 129 withdrawal without notice.  We include projections, opinions, assumptions or estimates for example only, and they may not represent current or future performance of  Traverse City, MI 49684 the property.  You and your tax and legal advisors should conduct your own investigation of the property and transaction. 231.929.2955  Phone 4
  5. 5. WAREHOUSE | INDUSTRIAL BUILDING ­ FOR SALE 1555M­37 SOUTH, TRAVERSE CITY, MICHIGAN 49686 Traverse City TRAVERSE CITY AREA OVERVIEW • The Traverse City Area is one of the state’s leading The Traverse City Area is one of the state s leading  • Traverse City is home to Munson Medical Center Traverse City is home to Munson Medical Center,  tourism destinations.  The number of visitors to Grand  Northern Michigan’s largest medical facility and one of  Traverse County has increased steadily from an  Traverse City’s largest employers.  estimated 1.2 million in 1990 to 1.9 million in 2005. • The five county region has a very strong and active  • While population growth across the area is similar to  Chamber of Commerce. For more information go to  that of the U.S. as a whole, local growth rates are  www.tcchamber.org significantly above statewide averages. • Grand Traverse County’s population as of 2006 was  For information contact: 86,413 and is expected to climb to 92,540 by 2011.   This accounts for an annual population increase of  1,225. • STAN TORNGA, CPM STAN TORNGA, CPM 231.883.8267 Cell • The median household income in 2006 for the five  stornga@threewest.net County area was $48,896.  These median household  • DAVE FROST incomes are expected to increase by 2.6% by the year  231.620.5705 Cell 2011, or $55,562. dfrost@threewest.net • KEVIN ENDRES, PE KEVIN ENDRES, PE • The educational attainment for adults, aged over 25  , g 231.534.5225 Cell years as of 2005, for the Grand Traverse region out  kendres@threewest.net paced both the state and national averages with 40.1%  • RICK DENEWETH of this population obtaining an associates degree or  231.590.0066 higher . rdeneweth@threewest.net THREE WEST, LLC Licensed Real Estate Broker ©2010, Three West, LLC. We obtained the information above from sources we believe to be reliable.  However, we have not verified its accuracy and make no  guarantee, warranty or representation about it.  It is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or  4020 Copper View, Ste. 129 withdrawal without notice.  We include projections, opinions, assumptions or estimates for example only, and they may not represent current or future performance of  Traverse City, MI 49684 the property.  You and your tax and legal advisors should conduct your own investigation of the property and transaction. 231.929.2955  Phone 5
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