37
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$175,000
Est. payment /mo
5,700 SqFt
New
650 E Woodworth Street Bad Axe, MI 48413
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Key Details
Property Type Commercial
Sub Type Commercial/Industrial
Listing Status Active
Purchase Type For Sale
Square Footage 5,700 sqft
Price per Sqft $30
MLS Listing ID 61027404
Annual Tax Amount $3,543
Lot Size 0.660 Acres
Acres 0.66
Lot Dimensions 179x181
Property Sub-Type Commercial/Industrial
Property Description
Rare industrial opportunity with 5,700 sq ft of warehouse space, exceptional ceiling height, truck access, outdoor storage potential and $18,000 in existing annual lease income. Strategically positioned just off M-142, the property offers convenient access to Bad Axe and surrounding Thumb communities. Its location between three lightly traveled roads provides excellent flexibility ingress and egress. Built with airplane-hangar-style construction, the building features ceiling heights ranging from approximately 22 feet to 35 feet, creating tremendous vertical storage and equipment capacity. Four truck bays and two overhead doors provide convenient loading and unloading, while the .60-acre site offers room for parking trucks, trailers, equipment and other commercial vehicles. The property currently generates $1,500 per month in lease income, including approximately $1,100 per month from technology companies utilizing the building's height for satellite-related equipment and $400 per month from warehouse space. The warehouse tenant could vacate with a few months' notice, giving an owner the opportunity to utilize the full building. For an investor, the property offers immediate cash flow. For a business owner, the combination of substantial interior volume, truck bays, overhead doors and an accessible site creates an ideal setup for contractors, transportation companies, equipment operators, manufacturers, or distributors. Less than one mile from Huron County Memorial Airport, the existing silos are grandfathered with respect to height restrictions, a feature difficult to duplicate. The silos provide approximately 70,000 bushels of storage capacity and include a bean ladder. Whether you're looking for a high-capacity owner-user facility, truck and equipment storage or an investment property with existing income and additional upside, this property offers a rare combination of functionality, accessibility and flexibility in Bad Axe. Located just E of 626 E Woodworth.
Location
State MI
County Huron
Area Bad Axe (32029)
Zoning Commercial
Building
Foundation Crawl, Slab
Water Public Water at Street
Structure Type Log
Others
Ownership Private
Financing Cash,Conventional
Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.
Listed by Knockout Real Estate
Nearby Locations
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