835 Chicago Dr Wyoming, MI 49509

This exceptional investment opportunity presents a recently updated Class C industrial facility encompassing 17,500 square feet situated on a 1.2-acre lot in Wyoming, Michigan (49509). The property, located at 835 Chicago Dr SW, is currently 100% leased to two tenants under a modified lease agreement. The building features two loading docks at the front and three additional loading docks conveniently located adjacent to a substantial rear storage yard. This presents a unique chance for an investor to acquire a fully occupied property with potential for future owner-occupancy. The asking price is $895,000, offering a compelling 10% capitalization rate based on the current income stream. The property is classified as both manufacturing and warehouse space, providing versatility for a range of potential uses. The building's square footage is 17,500, with a price per square foot of $51.14. This well-located Kent County property offers a strong return on investment and significant upside potential. The legal entity, 835 Chicago Dr, LLC, holds ownership.