207 Hawthorne Ave - Industrial FOR SALE


Saint Joseph, MI 49085
$985,000 USD
260-615-9248
207 Hawthorne Ave, Saint Joseph, MI for Sale
$985,000 USD
Industrial - FOR SALE
1/37
null | Request Cap Rate

207 Hawthorne Ave
Saint Joseph, MI 49085


HIGHLIGHTS

  • Large Mixed Used Industrial Facility
  • Brand New Roof Added 2024
  • Partially leased - Value Add Upside
  • Prime Location with Expansion Potential

OVERVIEW

207 Hawthorne Ave offers a rare opportunity to acquire a solid industrial property in the heart of St. Joseph, MI. This well-built, well-maintained facility spans approximately 20,000 square feet, with 6,000 SF of office and 14,000 SF of functional warehouse space featuring 18' ceilings, nine bay doors, and a loading dock. A brand-new roof was installed in 2024. The property also includes an adjoining parcel (Parcel ID: 11-18-0134-0010-03-7), great for additional outdoor storage. The building is currently 85% occupied, with leases rolling over soon. Current rents are under market, giving a new owner the opportunity to push rents or re-tenant the space at stronger terms. The remaining vacancy also provides flexibility for an owner-user or a value-add investor looking to stabilize and improve cash flow. Location & Demographics: Positioned in the Benton Harbor-St. Joseph MSA, the site offers easy access to I-94, US-31, and Red Arrow Highway. The area has a strong industrial base, supported by major employers like Whirlpool's global HQ and Lakeland Hospital. The surrounding population has higher-than-average household incomes and a reliable workforce, making this location well-suited for a range of industrial or service-based businesses. This is a rare chance to own a quality asset with upside potential and long-term value in a tight industrial market

FOR SALE DETAILS

PRICE

$985,000 USD

PRICE/SF

$47 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Industrial

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1985

UTILITIES

Lighting, Gas - Natural, Water - City, Sewer - City, Heating - Gas

CLEAR CEILING HT

18 Ft

DOCKS

-

DRIVE INS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

2.24

LAND SF

97,574

ZONING

I-1

APN/PARCEL ID

11-76-0550-0018-00-3

ASK ABOUT THIS PROPERTY

Lane MoserEllsbury Commercial GroupMore Info
260-615-9248

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Lane MoserEllsbury Commercial GroupMore Info
260-615-9248

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