Industrial Properties
129 Industrial Avenue Coldwater, MI 49036
Details & Description
Price: $1,550,000
    RARE MULTI-TENANTED INDUSTRIAL INVESTMENT PROPERTY: 66,250 SF industrial building on 5.35-acre parcel in the Coldwater South Industrial Park. Currently 92% occupied with flexible leases, an in-place NOI of $137,500 and cap rate of 8.9%, this multi-tenanted facility offers a variety of opportunities, including as owner-occupied, with short-term leases that allow flexibility and immediate income. Property offers heating and A/C throughout the original 41,250 SF facility with 16’ clear ceiling height and 20-24’ ceiling height in the 25,000 SF 2005 addition. All with heavy power. Several interior and exterior overhead doors/truck wells located throughout, ample on-site parking with multiple ingress/egress options. Many long-term tenants include DWV Mechanical, C&M Manufacturing, Biz Aid, Infinisource, Sterling Technologies and Groholski Manufacturing Solutions.
    Additional Photos
    Listing Agents
    Jodi Milks

    O: 269-459-0439
    M: 269-207-1040
    jodim@naiwwm.com
    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    129 Industrial Avenue

    Coldwater, MI 49036

    Listing ID: 230902
    • 129 Industrial Avenue Coldwater, MI 49036 | for Sale | Photo 1
    • 129 Industrial Avenue Coldwater, MI 49036 | for Sale | Photo 2
    • 129 Industrial Avenue Coldwater, MI 49036 | for Sale | Photo 3
    • 129 Industrial Avenue Coldwater, MI 49036 | for Sale | Photo 4
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    Building Size: 66,250 SF
    Lot Size: 5.350 AC
    Land Size: 233,045 SF
    Building $/SF: $23.40
    Land $/SF: $6.65
    Price
    $1,550,000
    Description

    RARE MULTI-TENANTED INDUSTRIAL INVESTMENT PROPERTY: 66,250 SF industrial building on 5.35-acre parcel in the Coldwater South Industrial Park. Currently 92% occupied with flexible leases, an in-place NOI of $137,500 and cap rate of 8.9%, this multi-tenanted facility offers a variety of opportunities, including as owner-occupied, with short-term leases that allow flexibility and immediate income. Property offers heating and A/C throughout the original 41,250 SF facility with 16’ clear ceiling height and 20-24’ ceiling height in the 25,000 SF 2005 addition. All with heavy power. Several interior and exterior overhead doors/truck wells located throughout, ample on-site parking with multiple ingress/egress options. Many long-term tenants include DWV Mechanical, C&M Manufacturing, Biz Aid, Infinisource, Sterling Technologies and Groholski Manufacturing Solutions.

    Points of Interest & Demographic Radii

    Points of Interest
    Demographic Radii
    POIs provided for entertainment purposes only. Data comes from multiple data sources as well as users and agents. MyEListing makes no claims whatsoever as to the accurancy and/or completeness.
     

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    Coldwater Area Market Trends

    Listing Demographics for 129 Industrial Avenue Coldwater, MI 49036

    All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

    1-Mile 3-Miles 5-Miles
    Total Population3,05813,30118,811
    Population Median Age353941
    Population by Age0-9 Yrs496 (16%)1737 (13%)2269 (12%)
    10-19 Yrs441 (14%)1660 (12%)2168 (11%)
    20-29 Yrs488 (15%)1888 (14%)2373 (12%)
    30-39 Yrs446 (14%)1804 (13%)2541 (13%)
    40-49 Yrs285 (9%)1338 (10%)1964 (10%)
    50-59 Yrs328 (10%)1830 (13%)2707 (14%)
    60-69 Yrs303 (9%)1537 (11%)2529 (13%)
    70+ Yrs270 (8%)1506 (11%)2259 (12%)
    Median HH Income$41,315$44,017$47,832
    Total Household Income< 24K334 (26%)1193 (24%)1573 (22%)
    25-49K388 (31%)1438 (29%)1952 (28%)
    50-74K320 (25%)1123 (22%)1510 (22%)
    75-99K141 (11%)534 (10%)791 (11%)
    100-199K63 (5%)522 (10%)900 (13%)
    200K+1 (0%)90 (1%)130 (1%)
    Highest Education LevelNo Diploma24010831473
    Diploma or GED79837225451
    Some College40122633410
    Assoc. Degree2118051092
    Bachelors Degree2368821335
    Higher Degree67337534
    Total Housing Units1,3555,3457,915
    --Owner-Occupied6192,8124,426
    --Renter-Occupied6292,0882,429
    Owner-Occupied Values< 100K42017272302
    100-199K1798171414
    200-299K19179476
    300-399K250114
    400-499K03585
    500K+0536
    Total Working Age Population2,32810,63115,270
    In Work Force1,5335,7447,986
    Not In Work Force7954,8877,284
    Workforce Employed1,4495,5097,672
    Workforce Unemployed84235314
    Civlian Workforce1,5335,7447,986
    Military Workforce000
    Total Households1,2484,9016,854
    Family Households7122,9664,272
    Non-Family Households5361,9352,582
    Married Couple4041,9793,105
    Other Family3089871,166
    Married w/Child1538411,204
    Single Male w/Child80195231
    Single Female w/Child109323374

    Population Change Last Two Decades - Plus Projection

    2000%2010%2020%2030
    Michigan9,938,444-19,883,640+110,023,423+410,424,510
    Branch County45,787-145,248-543,196+143,509

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

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    No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    Common Questions and Answers

    What is the asking price for 129 Industrial Avenue in Coldwater?
    The asking price for 129 Industrial Avenue is $1,550,000
    What is the building size of this Industrial property in Coldwater, MI?
    The size of the building/unit at 129 Industrial Avenue in Coldwater is 66,250 square feet
    How much land does the Coldwater, MI property at 129 Industrial Avenue include?
    129 Industrial Avenue in Coldwater includes 5.350 acres of land
    What kind of Industrial is the propery at 129 Industrial Avenue?
    The property at 129 Industrial Avenue Coldwater, MI 49036 is listed as a Flex-Office-Warehouse Industrial property
    What is the population within 1 mile of 129 Industrial Avenue in Coldwater?
    The population within 1 mile of 129 Industrial Avenue Coldwater, MI 49036 is 3,058 people.
    Who do I contact for questions about 129 Industrial Avenue?
    You should contact the listing agent, Jodi Milks, for any details regarding this commercial listing.

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    Closest Commercial Airports

    Airport Distance (mi)
    Toledo Express Airport (TOL) 66
    Fort Wayne International Airport (FWA) 67
    South Bend Regional Airport (SBN) 69