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1507 S Kalamazoo Ave 45,985 SF Industrial Building Marshall, MI 49068 $2,791,840 CAD ($60.71 CAD/SF)
INVESTMENT HIGHLIGHTS
- 45,985 SF industrial/manufacturing facility on 5.58-acre parcel in Brooks Industrial Park in Marshall, Michigan with accessible 15,930 SF mezzanine
- Up to 30,000 SF ind/mfg/engineering space w/heavy power, backup generator, 14’ - 27’ ceilings, 1 dock w/ leveler, 4 GLOH doors, & 15,930 SF mezzanine
- Adjacent to Brooks Field Airport, within 3 miles of the I-69/W. Michigan Ave. Interchange and 5 miles of I-94 and new BlueOval Battery Park Michigan
- Pending 5 year lease for the 16,000 SF of open office space with Marshall Excelsior Company upon sale
- Monument signage and access drives off S. Kalamazoo Ave. and Adams Ave., 115 total parking spaces, and partially fenced outdoor storage area
- 14% Proforma Cap Rate
EXECUTIVE SUMMARY
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 Field Airport, within 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.
TAXES & OPERATING EXPENSES (ACTUAL - 2025) Click Here to Access |
ANNUAL (CAD) | ANNUAL PER SF (CAD) |
|---|---|---|
| Taxes |
-
|
-
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| Operating Expenses |
-
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-
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| Total Expenses |
$99,999
|
$9.99
|
TAXES & OPERATING EXPENSES (ACTUAL - 2025) Click Here to Access
| Taxes (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS
| Price | $2,791,840 CAD | Rentable Building Area | 45,985 SF |
| Price Per SF | $60.71 CAD | No. Stories | 1 |
| Sale Type | Owner User | Year Built | 2001 |
| Property Type | Industrial | Parking Ratio | 2.5/1,000 SF |
| Property Subtype | Manufacturing | Cross Streets | Oliver Dr |
| Building Class | B | Opportunity Zone |
Yes
|
| Lot Size | 5.58 AC | ||
| Zoning | I-1 - Research & Manufacturing | ||
| Price | $2,791,840 CAD |
| Price Per SF | $60.71 CAD |
| Sale Type | Owner User |
| Property Type | Industrial |
| Property Subtype | Manufacturing |
| Building Class | B |
| Lot Size | 5.58 AC |
| Rentable Building Area | 45,985 SF |
| No. Stories | 1 |
| Year Built | 2001 |
| Parking Ratio | 2.5/1,000 SF |
| Cross Streets | Oliver Dr |
| Opportunity Zone |
Yes |
| Zoning | I-1 - Research & Manufacturing |
SPACE AVAILABILITY
- SPACE
- SIZE
- SPACE USE
- CONDITION
- AVAILABLE
Up to 30,000 SF of industrial/warehouse space within a 45,985 SF industrial/manufacturing facility on 5.58 acres in Brooks Industrial Park in Marshall, Michigan, with additional accessible 15,930 SF mezzanine. The 30,000 SF industrial/manufacturing area features heavy power with 3000-amp service and backup generator, 14’–27’ ceiling heights, a 6” poured concrete floor with 250/SF load, LED lighting, fire suppression system, 1 loading dock w/leveler, 4 GLOH doors, and 15,930 SF mezzanine area. Site amenities include access drives and monument signage off S. Kalamazoo Ave. and Adams Ave., 115 total parking spaces (5 barrier free), and a partially fenced outdoor storage area that can also be used to expand the building. The property is well located adjacent to Brooks Field Airport, within 3 miles of the I-69/W. Michigan Ave. Interchange and 5 miles of I-94 and Ford’s new BlueOval Battery Park Michigan. Zoned I-1 Research & Manufacturing in the City of Marshall.
| Space | Size | Space Use | Condition | Available |
| 1st Fl - Warehouse/Storage | 30,000 SF | Industrial | - | Now |
1st Fl - Warehouse/Storage
| Size |
| 30,000 SF |
| Space Use |
| Industrial |
| Condition |
| - |
| Available |
| Now |
1st Fl - Warehouse/Storage
| Size | 30,000 SF |
| Space Use | Industrial |
| Condition | - |
| Available | Now |
Up to 30,000 SF of industrial/warehouse space within a 45,985 SF industrial/manufacturing facility on 5.58 acres in Brooks Industrial Park in Marshall, Michigan, with additional accessible 15,930 SF mezzanine. The 30,000 SF industrial/manufacturing area features heavy power with 3000-amp service and backup generator, 14’–27’ ceiling heights, a 6” poured concrete floor with 250/SF load, LED lighting, fire suppression system, 1 loading dock w/leveler, 4 GLOH doors, and 15,930 SF mezzanine area. Site amenities include access drives and monument signage off S. Kalamazoo Ave. and Adams Ave., 115 total parking spaces (5 barrier free), and a partially fenced outdoor storage area that can also be used to expand the building. The property is well located adjacent to Brooks Field Airport, within 3 miles of the I-69/W. Michigan Ave. Interchange and 5 miles of I-94 and Ford’s new BlueOval Battery Park Michigan. Zoned I-1 Research & Manufacturing in the City of Marshall.
PROPERTY TAXES
| Parcel Number | 53-003-454-00 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $1,764,389 CAD |
PROPERTY TAXES
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1507 S Kalamazoo Ave
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