Lake Orion MI Commercial for Sale
$6,084,710
4898 BALD MOUNTAIN Lake Orion, MI 48359
- Type:
- Industrial
- Sq.Ft.:
- 4,400
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 2.7 Acres
- Year built:
- 1920
- Baths:
- MLS#:
- 60359931
ADDITIONAL INFORMATION
Sale-leaseback. 20 year lease @ 9% cap rate. Contact listing agent for offering memorandum
$3,000,000
1050 W SILVERBELL Lake Orion, MI 48359
- Type:
- Industrial
- Sq.Ft.:
- 29,400
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 3.31 Acres
- Year built:
- 1919
- Baths:
- MLS#:
- 40171304
ADDITIONAL INFORMATION
SDI Building at Silver Bell Technology Park. Built in two phases (1982 and 1992), the SDI building is currently configured as three tenant spaces offering 3 lobbies, 3 lunch rooms, 8 restroom locations (4-paired groups, 1 single, 3 executive in-office singles), a parts elevator, an employee elevator, is fully air-conditioned and has extensive exterior landscaping with a gazebo overlooking naturally-style detention pond. 18,000 sq/ft office/flex space on the upper level and 11,400 sq/ft office/flex space on the lower level. Built by the current owner to service one manufacturing concern; it has been sub-divided with the intent of being easily restorable to one contiguous space. A package conveyor system had been in prior use between floors to move parts and finish products. The machinery is on-site and could be re-installed. The building was designed with energy efficiency in mind; prior use included the recovery of heat from the manufacturing process to supplement central heating when needed and easily vented to cut cooling load requirement. The building has three loading bays - two on grade (one high-bay area) and one dock-well. There are 70 parking spaces with additional room to expand if needed. Keyless entry system; alarm system; lawn sprinklers (serviced by a private well). Zoned L-I (limited industrial). Directly across the street from the GM Orion Assembly facility, which is currently slated for a 4-billion dollar expansion which will include electric vehicle and battery production. Close proximity to other manufacturing and high-tech, including ABB, Dana, FedEx, Esys Automation, Continental AG, Webber Automotive, Rousch Industries, Delta, Society C and others. 12 miles from Oakland-Pontiac Airport. Less than 30 miles from Flint-Bishop, Detroit Metro and Coleman A Young airports. Orion Township tax abatements may be available - guidelines in the document folder.
Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource. The information published and disseminated by MiRealSource is communicated verbatim, without change by MiRealSource, as filed with MiRealSource by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Copyright 2024 MiRealSource. All rights reserved. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc. Provided through IDX via MiRealSource, as the “Source MLS”, courtesy of the Originating MLS shown on the property listing, as the Originating MLS. The information published and disseminated by the Originating MLS is communicated verbatim, without change by the Originating MLS, as filed with it by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Copyright 2024 MiRealSource. All rights reserved. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc.
Lake Orion Real Estate
The median home value in Lake Orion, MI is $369,400. This is higher than the county median home value of $304,600. The national median home value is $338,100. The average price of homes sold in Lake Orion, MI is $369,400. Approximately 65.24% of Lake Orion homes are owned, compared to 21.51% rented, while 13.25% are vacant. Lake Orion real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Lake Orion real estate agent to arrange a tour today!
Lake Orion, Michigan 48359 has a population of 2,920. Lake Orion 48359 is more family-centric than the surrounding county with 37.84% of the households containing married families with children. The county average for households married with children is 32.55%.
The median household income in Lake Orion, Michigan 48359 is $90,750. The median household income for the surrounding county is $86,275 compared to the national median of $69,021. The median age of people living in Lake Orion 48359 is 42.6 years.
Lake Orion Weather
The average high temperature in July is 81.5 degrees, with an average low temperature in January of 15.5 degrees. The average rainfall is approximately 32.3 inches per year, with 37.1 inches of snow per year.