161 South st - Manufacturing FOR SALE


Colon, MI 49040
$149,000 USD
734-516-8223
161 South st, Colon, MI for Sale
$149,000 USD
Manufacturing - FOR SALE
1/4
null | Request Cap Rate

161 South st
Colon, MI 49040


HIGHLIGHTS

  • Accessible to local businesses, residents, and visitors.
  • Opportunity for owner-user or investment ownership.
  • Located within the Village of Colon's established business district.

OVERVIEW

Rare opportunity to acquire one of the most recognizable historic structures in Colon, Michigan. The historic Lamb Knit Goods building is a substantial former industrial/commercial property located on approximately 1.49 acres in the Village of Colon, with prominent frontage and visibility near South Street, Elm Street and Maple Street. Water view from the second story of part of the building. Originally associated with the Colon Seminary and later converted into the Lamb Knit Goods Company factory, this landmark brick structure has long been part of Colon’s identity. The property was later known for Woodcrafters Furniture and remains widely recognized by its historic exterior signage and distinctive architectural presence. The property is being offered as an as-is redevelopment opportunity for a purchaser with the vision, experience and capacity to preserve, reposition or adaptively reuse a major historic commercial structure in one of Southwest Michigan’s most unique destination communities.

FOR SALE DETAILS

PRICE

$149,000 USD

PRICE/SF

$9 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Historic Lamb Knit Goods Building

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Manufacturing

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1863

UTILITIES

-

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1

LAND SF

43,560

ZONING

R-1

APN/PARCEL ID

041-777-080-01

ASK ABOUT THIS PROPERTY

Georgia KapsalisAdded Value RealtyMore Info
734-516-8223

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Georgia KapsalisAdded Value RealtyMore Info
734-516-8223

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