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  • 1101 Chavez Dr
    Flint, MI 48503
    Genesee County
  • Property Type:
    Commercial Property
  • Lot Size:
    ±3.36 acres
Commercial Property For Sale in Flint, MI
Online Auction for ±48,452 SF former Armory in Flint, MI
Auction #307-2

Property Description

The former Historic Flint Armory is now available to purchase via Online Auction! The ±48,452 SF historic building is strategically located along the I-475 with a dedicated on/off ramp from I-475.

Property Highlights/Features as follows:

  • Total square footage is ±48,452 SF which is made up of 3 buildings with the Armory totaling ±37,212 SF and the built-out garage totaling ±9,240 SF and a separate third building is ±2,000 SF
  • Located Near the Mahindra Buick City Project
  • Armory originally built in 1924 and has newer windows, electrical, roof, and 2 commercial kitchens
  • Ideal logistics center, storage facility, R&D Center, or housing redevelopment
  • Cash flow in-place: ±19% leased (garage building) with a $30,000/yr NOI ($3.25 psf NNN)
  • Tenant has recently signed a three (3) year lease extension with rental increases
  • Armory consists of a large gym, multiple classrooms, commercial kitchen and lunch hall as well as stables, bowling alley, shooting ranges and hands-on training rooms
  • Ready facility for repairing trucks and rigs with over $1M invested by State of Michigan
  • ±3.36 Acres of fenced and military secure paved yard
  • Downloadable Documents

    Property Information

    Auction Information

    User Access Form

    Vault

    Title and Escrow

    Viewing Schedule

    The dates below are currently set for public viewing:

    Day Date Time Comments
    Thursday Nov. 14 1:00 PM to 4:00 PM

    Financing

    There is not a Preferred Lender for this auction. You may not include a financing contingency with your bid.

    If you intend to purchase the property ALL CASH, you will be required to provide proof of verifiable funds prior to the offer deadline.

    For further details about Financing, please read the Terms and Conditions of Sale located in the Documents section or contact the FRE.com Support Team.

    Broker of Record for this property: Pike Street Properties, LLC, MI license #6505404082

    All information contained on this website or otherwise communicated, is from sources deemed reliable, but has not been verified for accuracy or completeness, or suitability for any particular purpose. It is presented “as is,” and is not warranted or guaranteed by the Seller or its agents including but not limited to the Listing Broker, LFC Communications, Inc. and LFC Marketing Services, Inc. Buyers shall rely entirely on their own judgment, research and inspection of the Asset, and are encouraged to independently verify information and to consult with appropriate legal, financial and other advisors and real estate specialists.

    We have reached our bid deadline and the seller is reviewing the bids received. Please contact the event manager for additional information.

    Thank you bidders for participating in this auction. If you did not bid on this auction but would like to be informed of future auctions like this one, click on the Search Auctions button below, set the search criteria and save the search.

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    Auction Ended
    The Future of Real Estate (FRE)
    Event Manager Patrick Kelleher P: (949) 706-6117 E: pkelleher@fre.com
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    Commercial Property For Sale in Flint, MI
    Online Auction for ±48,452 SF former Armory in Flint, MI
    1101 Chavez Dr
    Flint, MI 48503
    Genesee County
    Search Auctions
    Offers Under Review
    We have reached our bid deadline and the seller is reviewing the bids received. Please contact the event manager for additional information.

    Thank you bidders for participating in this auction. If you did not bid on this auction but would like to be informed of future auctions like this one, click on the Search Auctions button below, set the search criteria and save the search.
    Property Description
    • 1101 Chavez Dr
      Flint, MI 48503
      Genesee County
    • Property Type:
      Commercial Property
    • Lot Size:
      ±3.36 acres

    Property Description

    The former Historic Flint Armory is now available to purchase via Online Auction! The ±48,452 SF historic building is strategically located along the I-475 with a dedicated on/off ramp from I-475.

    Property Highlights/Features as follows:

  • Total square footage is ±48,452 SF which is made up of 3 buildings with the Armory totaling ±37,212 SF and the built-out garage totaling ±9,240 SF and a separate third building is ±2,000 SF
  • Located Near the Mahindra Buick City Project
  • Armory originally built in 1924 and has newer windows, electrical, roof, and 2 commercial kitchens
  • Ideal logistics center, storage facility, R&D Center, or housing redevelopment
  • Cash flow in-place: ±19% leased (garage building) with a $30,000/yr NOI ($3.25 psf NNN)
  • Tenant has recently signed a three (3) year lease extension with rental increases
  • Armory consists of a large gym, multiple classrooms, commercial kitchen and lunch hall as well as stables, bowling alley, shooting ranges and hands-on training rooms
  • Ready facility for repairing trucks and rigs with over $1M invested by State of Michigan
  • ±3.36 Acres of fenced and military secure paved yard
  • Downloadable Documents
    User Access Form
    Property Viewing

    Viewing Schedule

    The dates below are currently set for public viewing:

    Day Date Time Comments
    Thursday Nov. 14 1:00 PM to 4:00 PM
    Financing

    Financing

    There is not a Preferred Lender for this auction. You may not include a financing contingency with your bid.

    If you intend to purchase the property ALL CASH, you will be required to provide proof of verifiable funds prior to the offer deadline.

    For further details about Financing, please read the Terms and Conditions of Sale located in the Documents section or contact the FRE.com Support Team.

    Broker of Record for this property: Pike Street Properties, LLC, MI license #6505404082

    All information contained on this website or otherwise communicated, is from sources deemed reliable, but has not been verified for accuracy or completeness, or suitability for any particular purpose. It is presented “as is,” and is not warranted or guaranteed by the Seller or its agents including but not limited to the Listing Broker, LFC Communications, Inc. and LFC Marketing Services, Inc. Buyers shall rely entirely on their own judgment, research and inspection of the Asset, and are encouraged to independently verify information and to consult with appropriate legal, financial and other advisors and real estate specialists.

    Contact Us
    The Future of Real Estate (FRE)
    Event Manager Patrick Kelleher P: (949) 706-6117 E: pkelleher@fre.com