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PRICE REDUCED, NNN Leased Investment Opportunity - 7 CAP4364 W North Down River

4364 W North Down River Rd Grayling, MI 49738

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Overview

Current long-term tenant with nearly 5 years remaining on existing Lease and a 3-year option to renew. Tenant is one of the largest door manufacturers in the United States. The tenant pays taxes and insurance. Total SF is 21,102 SF. The primary building is 18,350 SF; Building 2 is 1,920 SF, and Building 3 is 832 SF. There is 660 SF of office space. The yard is fenced. Main building has two 10' x 12' Overhead doors. Property is zoned C-2. There is 440V 3 phase power.

For Sale

Industrial

Secondary Uses: Warehouse/Distribution

Sale Price
$799,000
Price Per SF
$37.9/SF
Building Size
21,102 SF
Office SF
660 SF
Acres
3.5 ac
Zoning
C-2
Number of Buildings
3
Floors
1
Property Status
Existing
County
Crawford
Created
2025-03-18
Updated
2025-10-15
Listing ID
d0c2e4d2
Parcel APN
040-41-005-16-020-00

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