5
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$2,000,000
Est. payment /mo
61,915 SqFt
Active
1507 S Kalamazoo AVE Marshall, MI 49068
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Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 61,915 sqft
Price per Sqft $32
MLS Listing ID 66025001662
Year Built 2001
Lot Size 5.580 Acres
Acres 5.58
Property Description
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 Fieldwithin 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.; Power/Voltage: 3000 Amps; Floor Load: 250
Location
State MI
County Calhoun
Area Area96082Marshall
Interior
Heating Forced Air, Natural Gas
Fireplace No
Exterior
Parking Features Asphalt, Paved
Utilities Available CableConnected, ElectricityConnected, NaturalGasConnected, PhoneAvailable, PhoneConnected
View Y/N No
Building
Foundation None
Sewer Public Sewer, Storm Drain
Water Public
New Construction No
Schools
High Schools Marshall Albion
School District Marshallalbion
Others
Acceptable Financing Cash
Listing Terms Cash
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Listed by Jodi K Milks of NAI Wisinski of West Michigan
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