1820 Lake St - Manufacturing FOR SALE


Kalamazoo, MI 49001- Edison
$1,750,000 USD
248-752-1276
1820 Lake St, Kalamazoo, MI for Sale
$1,750,000 USD
Manufacturing - FOR SALE
1/6
null | Request Cap Rate

1820 Lake St
Kalamazoo, MI 49001
Edison


HIGHLIGHTS

  • The property sits within an Opportunity Zone, and the City of Kalamazoo offers the possibility of Community Incentives/ Benefits as well.
  • Freestanding building that sits along the main road offering great signage, visibility, and access. Zoned M-2 Industrial. Built in 1946.
  • Existing building is 51,196 SF and sits on 6.2 Acres, with the ability to expand it to 71,196 SF and/or additional truck parking.
  • Currently, it has 3,371 SF of office space and 47,825 SF of warehouse/storage space.
  • Ceiling heights range from 8-6’ FT clear (office) to 19-4’ FT clear (warehouse).
  • Has 480 volt / 3 phase / 400 amps electrical service with the ability to upgrade.

OVERVIEW

Freestanding building available for sale/lease that sits along the main road, offering great signage, visibility, and access. Zoned M-2 Industrial and built in 1946. The existing building is 51,196 SF with the ability to expand it to 71,196 SF, add a second building in the rear, or use the excess land for additional truck/outdoor storage parking. Currently, it has 3,371 SF of office space and 47,825 SF of warehouse/storage space. Ownership will consider capital improvements and demising the building into smaller units for long-term lease transactions for credit tenants.

FOR SALE DETAILS

PRICE

$1,750,000 USD

PRICE/SF

$34 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Light/Heavy Industrial & Self-Storage

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Manufacturing

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1946

UTILITIES

-

CLEAR CEILING HT

8 Ft

DOCKS

1

DRIVE INS

4

PARKING SPACES

30

LAND DETAILS

LAND ACRES

6.2

LAND SF

270,072

ZONING

M-2

APN/PARCEL ID

06-23-414-003

ASK ABOUT THIS PROPERTY

Corbin YaldooC3 CRE, LLCMore Info
248-752-1276

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Corbin YaldooC3 CRE, LLCMore Info
248-752-1276

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