1507 S Kalamazoo Ave - Manufacturing FOR SALE


Marshall, MI 49068- Marshall/Albion
$2,000,000 USD
269-207-1040
1507 S Kalamazoo Ave, Marshall, MI for Sale
$2,000,000 USD
Manufacturing - FOR SALE
1/12
null | Request Cap Rate

1507 S Kalamazoo Ave
Marshall, MI 49068
Marshall/Albion


HIGHLIGHTS

  • 45,985 SF industrial/manufacturing facility on 5.58-acre parcel in Brooks Industrial Park in Marshall, Michigan with accessible 15,930 SF mezzanine
  • Pending 5 year lease for the 16,000 SF of open office space with Marshall Excelsior Company upon sale
  • Up to 30,000 SF ind/mfg/engineering space w/heavy power, backup generator, 14’ - 27’ ceilings, 1 dock w/ leveler, 4 GLOH doors, & 15,930 SF mezzanine
  • Monument signage and access drives off S. Kalamazoo Ave. and Adams Ave., 115 total parking spaces, and partially fenced outdoor storage area
  • Adjacent to Brooks Field Airport, within 3 miles of the I-69/W. Michigan Ave. Interchange and 5 miles of I-94 and new BlueOval Battery Park Michigan
  • 14% Proforma Cap Rate

OVERVIEW

INVESTMENT PROPERTY FOR SALE: 45,985 SF industrial/manufacturing facility on a 5.58-acre parcel in Brooks Industrial Park, Marshall, Michigan, with an additional 15,930 SF mezzanine. Constructed in 2001, this well-maintained masonry/steel building includes 16,000 SF of modern office space—currently leased—featuring bright, open work areas, conference rooms, and quality finishes that enhance the overall asset value. The approximately 30,000 SF industrial/manufacturing area offers heavy power with 3,000-amp service and backup generator, 14’–27’ ceiling heights, 6” poured concrete floor rated at 250 PSF, LED lighting, fire suppression system, one loading dock with leveler, and four grade-level overhead doors. Site amenities include access drives and monument signage from both S. Kalamazoo Ave. and Adams Ave., 115 total parking spaces (five barrier-free), and a partially fenced outdoor storage area with expansion potential. The property is strategically located adjacent to Brooks Field Airport, within three miles of the I-69/W. Michigan Ave. interchange and five miles of I-94 and Ford’s new BlueOval Battery Park Michigan. Zoned I-1 Research & Manufacturing in the City of Marshall. Offered at a 14% proforma cap rate.

FOR SALE DETAILS

PRICE

$2,000,000 USD

PRICE/SF

$43 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Manufacturing

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2001

UTILITIES

-

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

-

PARKING SPACES

115

LAND DETAILS

LAND ACRES

5.58

LAND SF

243,065

ZONING

I-1

APN/PARCEL ID

53-003-454-00

ASK ABOUT THIS PROPERTY

Jodi MilksNAI Wisinski of West Michigan - Kalamazoo OfficeMore Info
269-207-1040

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Jodi MilksNAI Wisinski of West Michigan - Kalamazoo OfficeMore Info
269-207-1040

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.