1507 S Kalamazoo Avenue Active Save Request In-Person Tour Request Virtual Tour
Marshall,MI 49068
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
Annual Tax Amount $89,997
Lot Size 5.580 Acres
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 Marshall
Zoning Other
Interior
Heating Forced Air
Exterior
Utilities Available Fire Sprinkler
Building
Sewer Sewer (Sewer-Sanitary),Storm Drain
Water Public (Municipal)
Structure Type Block,Steel
Schools
School District Marshall/Albion
Others
Acceptable Financing Cash
Listing Terms Cash
Special Listing Condition Unknown/Data Share Listings