MIDLAND DAILY NEWS - HIGHEST & BEST!!!

Office for Sale
Also listed as Vacant Land
Catylist Listing ID: 30139161
Property Subtypes: Mixed Use
Building Size (RSF): 18,492 SF
Gross Building Area: See Agent
Gross Land Area: 0.93 Acres
Sale Price: $1
Unit Price: $0 PSF
Property Use Type: Business
Building Name: Midland Daily News
Class of Space: Class B
Sale Terms: Undisclosed, Cash to Seller
Cap Rate: Undisclosed
Last Updated: 8/11/2017

Overview / Comments

Shinners & Chasnis is pleased to present the incredible opportunity to acquire and redevelop an irreplaceable location in the heart of Downtown Midland. The Midland Daily News building is a historic landmark property with incredible views facing the confluence of the Chippewa and Tittabawasse rivers. A walkable urban environment in the heart of downtown with amenities like the Farmers Market pavilion, Tridge, and Pere Marquette rail trail that passes through the City of Midland and extends 50 miles into northern Michigan.
This site is located on the southwest corners of McDonald and Ann Street with frontage along Ashman. The site is centrally situated and provides immediate access to major employers, business centers, government offices and top-quality civic, sports, cultural, recreational and entertainment venues. The property is within walking distance of every 'Walkable Urban' amenity in a vibrant downtown, and boasts a variety of hotels, restaurants and other popular establishments. This high-transition area is being impacted by the impressive economic growth of Downtown Midland. DON'T DELAY!

Additional Details

Nearest MSA: Midland
County: Midland
Taxing Authority: City of Midland
Tax ID/APN: 14-16-50-496; 14-21-80-262; 14-16-50-486
Zoning: 3111 - INDUSTRIAL, IMPROVED DDA
Property Located Between: Located between Mcdonald and Ashman with frontage on Ann.
Property Visibility: Excellent
Highway Access: US Business 10 is 0.50 Miles
Airports: MBS International - 12.5 Miles
Site Description: Sloping gently toward the Tittabawassee River to the South.
Area Description: Discover a variety of interesting retail providers, eateries to satisfy anyone's palate, riverfront parks & trails, and an international business community located in the heart of Michigan. Downtown Midland is the place to discover!
Number of Stories: 2
Year Built: 1927
Year Renovated: 1961
Construction/Siding: Concrete, Stucco
Exterior Description: Two Story building with a flat roof, concrete frame, concrete block with stucco exterior, concrete slab on grade foundation with basement.
Heat Type: Natural Gas, Hot Water
Heat Source: Baseboard, Central
Air Conditioning: Other
In Flood Plain?: Yes
Water Service: Municipal
Sewer Type: Municipal

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 3,526 38,812 52,483
Median Age: 34.57 39.03 38.89
Households: 1,589 16,189 21,373
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