For Sale COMMERCIAL BUILDING Kalamazoo Street South Haven, MI TOM POSTMA

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1 COMMERCIAL BUILDING For Sale 1310 Kalamazoo Street South Haven, MI COLLIERS INTERNATIONAL 44 East 8th Street, Suite 510 Holland, MI TOM POSTMA DIR MOB

2 1310 Kalamazoo Street, South Haven, MI This industrial building is located in South Haven Industrial Park. Includes a bright office interior, break room and kitchen available and office space with a flexible set up. Sale Information Sale Price: $329,000 Sale Price/SF: $14.95 Building SF: 22,000 Possession: At Close Terms: Cash/Conventional Assessed Value (2017): $129,500 Taxable Value (2017): $123,299 Real Estate Taxes (2017): $12, Taxing Authority: City of South Haven p.2

3 General Building Information Total Building SF: 22,000 Parcel Number: Acreage Lot Size: Lot Dimensions: 440 x 222 Frontage: 440 Year Built: 1982 Levels: 1 Railroad Siding: No Construction: Brick/Aluminum Roof: Flat Ceiling Height: 14 Heating: Yes Air Conditioning: Yes Signage: Yes Zoning: Industrial 1 Taxing Authority: City of South Haven County: Van Buren County p.3

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8 Parcel Information (Source: BS&A Online) 1310 KALAMAZOO ST SOUTH HAVEN, MI (Property Address) Parcel Number: Property Owner: CHEMICAL BANK Summary Information > Commercial/Industrial Building Summary - Yr Built: # of Buildings: 1 - Total Sq.Ft.: 22,000 > Assessed Value: $129,500 Ta > Property Tax information foun > 1 Special Assessment found > 4 Building Department records found Item 2 of 3 1 Image / 2 Sketches Owner and Taxpayer Information Owner CHEMICAL BANK SPECIAL ASSETS DEPT 8228 E MARKET ST WARREN, OH Taxpayer SEE OWNER INFORMATION General Information for Tax Year 2017 Property Class IMPROVED IND Unit CITY OF SOUTH HAVEN - VBC School District District Assessed Value $129,500 MAP # A851A2 Taxable Value $123,299 BOAT SLIPS 0 State Equalized Value $129,500 PROBLEMS No Data to Display Date of Last Name Change 10/27/2017 USER ALPHA 3 No Data to Display Notes Not Available Historical District No Census Block Group No Data to Display MATHIEU-GAST No Data to Display Exemption No Data to Display Principal Residence Exemption Information Homestead Date No Data to Display Principal Residence Exemption June 1st % % Previous Year Information Year MBOR Assessed Final SEV 2016 $122,200 $122, $123,500 $123, $128,000 $128,000 Land Information Zoning Code I-1 Total Acres Land Value $18,800 Land Improvements $2,840 p.8

9 Renaissance Zone No Renaissance Zone Expiration No Data to Display Date ECF Neighborhood INDUSTRIAL AD VAL Mortgage Code No Data to Display Lot Dimensions/Comments IRREGULAR SHAPED LOT Neighborhood Enterprise Zone No Lot(s) Lot 1 Lot 2 Frontage ft ft Total Frontage: ft Avera Legal Description A851-A COM AT NE COR OF LOT 1, TH S 0 DEG 00'12"W ALG E L OF LOT TH S 0 DEG 00'12"W ALG E L OF LOT FT, TH N 89 DEG 21'02"W ALG N L OF LOT FT, TH N 0 DEG 00'12"E FT, TH N 8 FT, TH N 0 DEG 00'12"E FT, TH N 89 DEG 36'44"E FT TO BEG. TOGETHER WITH AND SUBJECT TO AN EASEMENT FOR INGRES IRVING T OLSON INDUSTRIAL SUBDIVISION. *** SPLIT ON 1 APRIL 1999 FROM FOR Land Division Act Information Date of Last Split/Combine No Data to Display Number of Splits Left Not Available Date Form Filed No Data to Display Unallocated Div.s of Parent Not Available Date Created No Data to Display Unallocated Div.s Transferred Not Available Acreage of Parent 0.00 Rights Were Transferred No Split Number 0 Courtesy Split No Parent Parcel No Data to Display Sale History Sale Date Sale Price Instrument Grantor Grantee Terms of Sale Liber/Page 09/23/2017 $0.00 SD DEPUTY SHERIFF CHEMICAL BANK FORCED SALE 1649/971 09/21/2012 $0.00 QC SOUTH HAVEN PP MOSHER LLC NOT GOOD FOR 1573/744 REDEVELOPMENT LLC ECF 12/28/2001 $250, WD KSG PISTONS INC P P MOSHER LLC ARMS-LENGTH 1346/68 Building Information sq ft Industrial, Engineering (Commercial) Floor Area 22,000 sq ft Estimated TCV $230,097 Occupancy Industrial, Engineering Class S Stories Above Ground 1 Average Story Height 14 ft Basement Wall Height 0 ft Identical Units 1 Year Built 1982 Year Remodeled Not Available Percent Complete 100% Heat Complete H.V.A.C. Physical Percent Good 41% Functional Percent Good 100% Economic Percent Good 100% Effective Age 35 yrs Disclaimer: BS&A Software provides AccessMyGov.com as a way for municipalities to display information online and is not responsible for the content or accuracy of the da r reference only and WITHOUT WARRANTY of any kind, expressed or inferred. Please contact your local municipality if you believe there are errors in the data. p.9

10 Image/Sketch for Parcel: p.10

11 1310 Kalamazoo Street, South Haven, MI Lake Michigan Muskegon Muskegon Heights Norton Shores Sparta Comstock Park Rockford Greenville Belding Spring Lake 96 Grand Haven Walker Grand Rapids Jenison Ada Lowell Grandville Cascade 31 Zeeland 196 Byron Center Kentwood Wyoming Caledonia Holland 131 Wayland Hastings Saugatuck 96 Allegan Martin South Haven Otsego Plainwell Battle Creek 196 Coloma enton Harbor Joseph Paw Paw Kalamazoo Portage Schoolcraft Dowagiac Three Rivers Cold Niles 12 Sturgis Location Maps Directions to Property: South on I-196, take exit 20 towards South Haven, head West on Phoenix Street, south on Blue Star Hwy, west on Aylworth Avenue, south on Kalamazoo Street, location is on the west side of the street Building Location: South Haven Industrial Park Proximity To: I-196: 5 miles US-131: 23 miles I-96: 54 miles M-6: 55 miles Airport: 64 miles Distance To: Lansing: 120 miles Chicago: 120 miles Detroit: 180 miles p.11

12 Aylworth Ave Aylworth Ave Aylworth Ave Monroe Blvd Monroe Blvd Lovejoy Ave Lovejoy Ave Kalamazoo St Kalamazoo St Le Grange St Le Grange St Blue Star Hwy p.12

13 #7 Best state to make a living - Forbes #1 Most improved state for business - CNBC #2 Best US city to start a business - Wallethub #3 MSA in the nation for economic development - Area Development Magazine #13 Best place to live in the USA - U.S. News & World Report #18 city most likely to prosper in the next decade - Forbes #4 smartest city in America - Forbes West Michigan Overview West Michigan is home to over 1.5 million people and encompasses the seven counties of Kent, Ottawa, Muskegon, Allegan, Ionia, Barry, and Newaygo. Throughout history, the area has been known primarily for its diverse manufacturing base and highly skilled labor. As the area progresses into the 21st century, health care has emerged as the major economic driver. The region is also known for a burgeoning food and beverage industry, as well as cultural events such as ArtPrize, which every year attracts artists and art fans from all over the world. Contact Us TOM POSTMA DIR MOB tom.postma@colliers.com Within the past few years, over $1.25 billion has been invested in real estate in the downtown Grand Rapids area alone. Some of the major corporations in West Michigan include Spectrum Health, Meijer, Mercy Health, Amway, Gentex, and Perrigo. In fact, more than 130 international companies call West Michigan home. The largest institute of higher learning is Grand Valley State University, with more than 25,000 students and 3,000 employees. The lower-than-average cost of living, close proximity to the scenic shores of Lake Michigan, and abundance of amenities create a vibrant and productive environment. Building on its strong traditions of entrepreneurism, innovation, community involvement, family orientation and a famous work ethicwest Michigan is thriving. This document has been prepared by Colliers International for advertising and general information only. Colliers International makes no guarantees, representations or warranties of any kind, expressed or implied, regarding the information including, but not limited to, warranties of content, accuracy and reliability. Any interested party should undertake their own inquiries as to the accuracy of the information. Colliers International excludes unequivocally all inferred or implied terms, conditions and warranties arising out of this document and excludes all liability for loss and damages arising there from. This publication is the copyrighted property of Colliers International and/or its licensor(s) All rights reserved. COLLIERS INTERNATIONAL 44 East 8th Street, Suite 510 Holland, MI