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For Sale

Light/Heavy Industrial & Self-Storage Building

1820 Lake Street,
Kalamazoo, MI 49001

Asset Snapshot

1946
Year Built
65
Parking Spots

Offering Summary

Investment 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. Ceiling heights range from 8-6’ FT clear (office) to 19-4’ FT clear (warehouse) and has 480 volt / 3 phase / 400 amps electrical service with the ability to upgrade. Includes (1) loading dock and (4) overhead doors, (2) 2-ton cranes on heavy-duty monorail crane systems used for unloading trucks. Great site located 1.8 miles from the I-94 Freeway Ramp and almost directly on the business loop; within close proximity to Downtown Kalamazoo as well. The property sits within an Opportunity Zone, and the City of Kalamazoo offers the possibility of Community Incentives/Benefits.


Investment Highlights

  • 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.
  • Ceiling heights range from 8-6’ FT clear (office) to 19-4’ FT clear (warehouse) and has 480 volt / 3 phase / 400 amps electrical service with the ability to upgrade.
  • Includes (1) loading dock and (4) overhead doors, (2) 2-ton cranes on heavy-duty monorail crane systems used for unloading trucks.
  • Great site located 1.8 miles from the I-94 Freeway Ramp and almost directly on the business loop; within close proximity to Downtown Kalamazoo as well. The property sits within an Opportunity Zone, and the City of Kalamazoo offers the possibility of Community Incentives/Benefits.

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Listing Syndicated From

Buildout
For Sale
$1,750,000
Asking Price