Kalamazoo - Light/Heavy Industrial & Self-Storage Building

Name: Kalamazoo - Light/Heavy Industrial & Self-Storage Building
Brand: Marketplace
Price: 1750000
Availability: InStock

1820 Lake Street,
Kalamazoo, MI 49001Represented by
C3 CRE, LLC

Asset Snapshot

Warehouse

Industrial Subtype

1947

Year Built

Floor Count

Building Count

6.20 Acres

Land Area

Offering Summary

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.

Due Diligence

Cooperating Broker Fee

Eligible brokers may receive a 0% fee when representing the buyer.

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Accepting Offers

$1,750,000

Asking Price