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Add Your Auction   2 Commercial Real Estate Auctions in Michigan

2 properties: Displaying page 1 of 1

Thu. Jul, 16 @ 5:00 pm

Online Auction for ±42,000 SF Historic Building in Flint, MI

  • The Future of Real Estate
  • Contact: Debi Roks
  • Phone: 949-706-6107
  • Listing added on 05/06/20
The Future of Real Estate

615 Louisa Street, Flint, MI 48503

** MINIMUM BID MEETS RESERVE **

615 Louisa is a six-story warehouse building located in the heart of downtown Flint, MI which is experiencing a tremendous revitalization and within walking distance to University of Michigan, Kettering University, Mott College, Hurley Hospital, Lear Corporation and C3 Ventures.

Property Highlights/Features as Follows:
  • Six-story warehouse building
  • Building is currently utilized to store dry goods but is ideal to be redeveloped for multi-family and/or student & workforce housing
  • Working crate elevator originally built to move automobiles from floors 1-6 as well as a large safe which is in the lobby
  • Located just 1 block from downtown
  • Originally constructed in the 1920s

MIN BID: $99,000 BID DEADLINE: July 16, 2020. For more information, please visit the property's website

. . . more

Thu. Jul, 16 @ 5:00 pm

Online Auction for ±48,452 SF former Armory in Flint, MI

  • The Future of Real Estate
  • Contact: Debi Roks
  • Phone: 949-706-6107
  • Listing added on 05/06/20
The Future of Real Estate

1101 Chavez Dr, Flint, MI 48503

** MINIMUM BID MEETS RESERVE **

The former Historic Flint Armory is now available to purchase via Online Auction! The ±48,452 SF historic building is strategically located along the I-475 with a dedicated on/off ramp from I-475.

Property Highlights/Features as follows:

  • Total SF is ±48,452, with the Armory totaling ±37,212 SF and the built-out garage totaling ±9,240 SF and a separate third building is ±2,000 SF
  • Located Near the Mahindra Buick City Project
  • Armory originally built in 1924 and has newer windows, electrical, roof, and 2 commercial kitchens
  • Ideal logistics center, storage facility, R&D Center, or housing redevelopment
  • Cash flow in-place: ±19% leased with a $30,000/yr NOI ($3.25 psf NNN)
  • Tenant has recently signed a 3 year lease extension with rental increases
  • MIN BID: $295,000, BID DEADLINE: 07/16/2020 . . . more

2 properties: Displaying page 1 of 1

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