1100 Industrial Blvd - Manufacturing FOR SALE


Albion, MI 49224
$1,500,000 USD
248-821-4889
1100 Industrial Blvd, Albion, MI for Sale
$1,500,000 USD
Manufacturing - FOR SALE
1/17
null | 8% Cap Rate

NEW


1100 Industrial Blvd
Albion, MI 49224


HIGHLIGHTS

  • Renovated in 2024
  • Strategic location with quick access to I-94
  • Bus duct, overhead compressed air lines, new RTUs and LEDs

OVERVIEW

This 29,892 SF warehouse/manufacturing building on a 2.59-acre lot offers a prime opportunity for owner-users or investors. Located just 2 miles from both downtown Albion and I-94, the property provides excellent accessibility. Originally built in 1997 and renovated in 2024, the building includes: 3,000 SF office/showroom 26,986 SF warehouse/industrial 15'–20' ceiling heights 6 dock-high doors and 2 drive-in doors Upgraded electrical (300 kVA transformer, bus duct) Overhead compressed air lines Recent capital improvements of over $800,000 include HVAC upgrades (2–5 ton RTUs), interior renovations, new lighting, and a security system. Zoned Light Industrial (28138), this property is suitable for a wide range of industrial uses or investment with leasing upside. Currently vacant and move-in ready. Pro forma cap rate is approximately 8%

FOR SALE DETAILS

PRICE

$1,500,000 USD

PRICE/SF

$50 USD /SF

CAP RATE

8%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

High Colors

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Manufacturing

ADD'L SUBTYPES

undefined, Distribution, Warehouse

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1997

UTILITIES

-

CLEAR CEILING HT

17 Ft

DOCKS

6

DRIVE INS

2

PARKING SPACES

46

LAND DETAILS

LAND ACRES

2.59

LAND SF

112,820

ZONING

28138

APN/PARCEL ID

51-006-461-00

ASK ABOUT THIS PROPERTY

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248-821-4889

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Jason SousaeXp CommercialMore Info
248-821-4889

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