Industrial Property - For Sale
129 Industrial Avenue Coldwater, MI 49036
Details & Description
Price: $1,550,000
  • Property Type Industrial for Sale : Flex/Office Warehouse
  • Lot Size Acres 5.350
  • Building Sq Ft 66,250
  • Building Price per Sq Ft $23.40
  • Land Sq Ft 233,045
  • Land Price per Sq Ft $6.65
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
NAI Wisinski of West Michigan
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
$1,550,000
For Sale
  • Property Type Industrial for Sale : Flex/Office Warehouse
  • Lot Size Acres 5.350
  • Building Sq Ft 66,250
  • Building Price per Sq Ft $23.40
  • Land Sq Ft 233,045
  • Land Price per Sq Ft $6.65
  • 129 Industrial Avenue Coldwater, MI 49036 - main image
  • 129 Industrial Avenue Coldwater, MI 49036 - alt image 2
  • 129 Industrial Avenue Coldwater, MI 49036 - alt image 3
  • 129 Industrial Avenue Coldwater, MI 49036 - alt image 4
129 Industrial Avenue - main image
129 Industrial Avenue - alt image 2
129 Industrial Avenue - alt image 3
129 Industrial Avenue - alt image 4
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.

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

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.

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