$699,000
Salem, MI 48170
MLS# 24002783
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Property Description
The BENEFIT of this Commercial Building... Located in Salem Township with Plymouth mailing on high traffic North Territorial Road near the intersection of Curtis. This building offers an amazing opportunity for the commercial investor and/or end-user. The property is zoned A-R allowing providing an abundance of possible business options from this convenient location (Download Zoning Table or request a copy). The building can be used exclusively for one tenant / end-user or easily split for multi-tenant options. The building is 15,500 square feet with approximately 12,000 warehouse and the remainder office/garage. The lot size is 1.15 acres and includes a historic usable barn. The building has ample power, 3 grade level 12-foot doors, 12 to 14 feet clear height.
Details
Maps
Location & Property Info
County: Washtenaw
Street #: 8070
Street Direction: N
Street Name: Territorial
Suffix: Road
State: MI
Zip Code: 48170
Zip (4): 5044
Cross Streets: Curtis and North Territorial
Property Sub-Type: Industrial
Area: Ann Arbor/Washtenaw - A
Municipality: Salem Twp
Principal Road: Yes
Ownership Type: Private Owned
Office/Contract Info
Status: Active
Current Price: $699,000
List Price: $699,000
Auction or For Sale: For Sale
Prop Avail for Lease?: No
Sub Agency: 2.5
Sub Agency Type: %
Buyer Agency: 2
Buyer Agency Type: %
Trans Coord: 500
Trans Coord Type: $
Listing Date: 2024-01-11
Current Bldg Use: Storage / Light Manufacturing
General Property Info
New Construction: No
Lot Measurement: Acres
Lot Acres: 1.15
Lot Square Footage: 50094
Lot Dimensions: 158 X 329 X 157 X 307
Year Built: 1979
Road Frontage: 158
Mineral Rights: Unknown
Year Remodeled: 1990
Total # Units: 2
# Fin Bldg Lvls: 15500
# of Diff Unit Floor Plans: 3
Total # Bldgs: 1
Total Net SqFt: 15500
Property Use Type: Vacant/Owner-User
Full Baths: 2
Waterfront: No
School District: Plymouth-Canton
Tax Info
Tax ID #: A-01-27-300-003
Taxable Value: 119992
SEV: 165950
For Tax Year: 2023
Annual Property Tax: 5180
Tax Year: 2023
Spec Assessment & Type: 0.00
Non-Conforming Use: No
Zoning: Commercial,Light Industri
Remarks & Misc
Legal: Too Long. See Expanded Remarks.
Directions: From M-14, head North on Gotfredson Rd. Turn West onto North Territorial Rd. and your destination will be just before Curtis Rd.
Additional Details
# Loading Docks/Well: 3
Total Parking Spaces: 20
Grd Lvl OH Doors: 3
Ceiling Height: 12
Income and Expenses
Gross Op Income ($): 85000
Net Operating Income: 90000
SqFt Information
Rentable Office SqFt: 2000
Rentable Retail SqFt: 2000
Rentable Warehse SqF: 13500
Total Bldg Office Sq: 2000
Total Bldg Other SqF: 15500
Total Bldg Warehse S: 13500
Waterfront Options
Water Access Y/N: No
Property Features
Property Use: Business; Investment; Vacant/Owner-User
Uses: Auto Service; Distribution; Institutional; Manufacturing; Professional Service; Professional/Office; Recreation; Retail; Storage; Other
Ownership: Trust
Business Includes: Non-Applicable; Real Estate; Other
Construction Type: Block; Concrete
Exterior Material: Block; Vinyl Siding
Roofing: Rubber
Foundation: Slab
Below Grade: None
Additional Features: Bath Common Area; Multi User Facility; Outdoor Storage; Security System
Sewer: Septic System
Water: Well
Utilities Attached: Cable; Electric; Natural Gas; Telephone
Util Avail at St: Broadband; Cable; Electric; Natural Gas; Storm Sewer; Telephone
Heat Source: Natural Gas
Heat Type: Space Heater
Air Conditioning: Central Air
Driveway: Asphalt; Paved
Street Type: Paved; Public
Purchase Terms Avail: Cash; Conventional; Other
Docs at List Office: Aerial Photo; Plat Map; Survey; Traffic Study; Other
Docs Req Conf Agrmnt: Demographics; Environmental Reports; Inspection Reports
Sale Conditions: None
Supplements
room to expand parking ground back. Multiple air turnover units and a/c units included with sale (10 plus). The possibilities are vast, and the businesses will thrive. Excellent location for light industry, warehouse, distribution, AUTO/TRUCK service, car collection, medical, GENERAL OFFICE, studio, art, dance, PET SERVICES, home design studio, FITNESS, education, CLUB meeting venue and more. Well exists, Septic exists, Paved Road Access far and near, Electric, Natural Gas, Cable. Other nearby areas include Northville, Plymouth, Ann Arbor, South Lyon. Easy paved road access to major freeways: I-96 & M-14. Download the survey and other details from the MLS. Privately owned, please make an appointment to view the property. SECURE THIS BUILDING TODAY and START building on your dreams tomorrow.
Listing Office: Brandt Real Estate
Listing Agent: Keith Brandt
Last Updated: April - 28 - 2024
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