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825 Riverview Dr

46,696 SF Vacant Light Industrial Building Benton Harbor, MI 49022 £550,495 (£12/SF)

Investment Highlights

  • New tear off roof!
  • Upgraded LED lighting and newer upgraded power!
  • Low property taxes!
  • Great loading!
  • Tons of parking and outside storage!
  • Tremendous view of park and St. Joseph River!

Executive Summary

UNDER CONTRACT
MAJOR PRICE REDUCTION!!!
Excellent building overlooking the St. Joe River on a 6.72 Acre site

Taxes & Operating Expenses (Actual - 2021)

Annual Annual Per SF
Taxes £9,797 £0.21
Operating Expenses - -

Taxes & Operating Expenses (Actual - 2021)

Taxes
Annual £9,797
Annual Per SF £0.21
Operating Expenses
Annual -
Annual Per SF -
Total Expenses
Annual £9,797
Annual Per SF £0.21

Property Facts Under Contract

Price £550,495
Price Per SF £12
Sale Type Owner User
Property Type Light Industrial
Property Subtype
Light Distribution
  • Light Industrial Research & Development
  • Showroom
  • Industrial Service
Building Class B
Lot Size 6.72 AC
Rentable Building Area 46,696 SF
Number of Floors 2
Year Built 1974
Parking Ratio 3/1,000 SF
Clear Ceiling Height 23 ft
No. Dock-High Doors/Loading 4
Level Access Doors 1
Opportunity Zone Yes

Amenities

  • 24 Hour Access
  • Fenced Lot
  • Raised Floor
  • Signage
  • Roof Lights
  • Yard
  • Roof Terrace
  • Storage Space
  • Recessed Lighting
  • Monument Signage

Utilities

  • Gas - Natural
  • Water - City
  • Sewer - City
  • Heating - Gas

Space Availability

  • Space
  • Size
  • Space Use
  • Condition
  • Available
  • 1st Floor
  • 3,500-29,836 SF
  • Light Industrial
  • Shell Space
  • Now

New Ownership!!!!! Building features New tear off roof, upgraded LED lighting, high ceilings in warehouse, good loading, TONS of outside parking, and beautiful views of the park and St. Joseph River. This building is GREAT for many types of businesses!!!!

  • 2nd Floor
  • 1,500-11,898 SF
  • Light Industrial
  • Partial Build-Out
  • Now

Great offices with new HVAC system and great views!!!!

Space Size Space Use Condition Available
1st Floor 3,500-29,836 SF Light Industrial Shell Space Now
2nd Floor 1,500-11,898 SF Light Industrial Partial Build-Out Now

1st Floor

Size
3,500-29,836 SF
Space Use
Light Industrial
Condition
Shell Space
Available
Now

2nd Floor

Size
1,500-11,898 SF
Space Use
Light Industrial
Condition
Partial Build-Out
Available
Now

1st Floor

Size 3,500-29,836 SF
Space Use Light Industrial
Condition Shell Space
Available Now

New Ownership!!!!! Building features New tear off roof, upgraded LED lighting, high ceilings in warehouse, good loading, TONS of outside parking, and beautiful views of the park and St. Joseph River. This building is GREAT for many types of businesses!!!!

2nd Floor

Size 1,500-11,898 SF
Space Use Light Industrial
Condition Partial Build-Out
Available Now

Great offices with new HVAC system and great views!!!!

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
11-51-0804-0003-08-7
Land Assessment
£0 (2024)
Improvements Assessment
£0 (2024)
Total Assessment
£228,832 (2024)
Annual Taxes
£9,797 (£0.21/sf)
Tax Year
2021

zoning

Zoning Code L - I (Light Industrial)
L - I (Light Industrial)
  • Listing ID: 17892573

  • Date on Market: 06/12/2019

  • Last Updated:

  • Address: 825 Riverview Dr, Benton Harbor, MI 49022

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