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Investment Highlights

  • Accessible to local businesses, residents, and visitors.
  • Located within the Village of Colon's established business district.
  • Opportunity for owner-user or investment ownership.

Executive Summary

Rare opportunity to acquire one of the most recognizable historic structures in Colon, Michigan. The historic Lamb Knit Goods building is a substantial former industrial/commercial property located on approximately 1.49 acres in the Village of Colon, with prominent frontage and visibility near South Street, Elm Street and Maple Street. Water view from the second story of part of the building.
Originally associated with the Colon Seminary and later converted into the Lamb Knit Goods Company factory, this landmark brick structure has long been part of Colon’s identity. The property was later known for Woodcrafters Furniture and remains widely recognized by its historic exterior signage and distinctive architectural presence.
The property is being offered as an as-is redevelopment opportunity for a purchaser with the vision, experience and capacity to preserve, reposition or adaptively reuse a major historic commercial structure in one of Southwest Michigan’s most unique destination communities.

Property Facts

Price $209,603 CAD
Price Per SF $12.43 CAD
Sale Type Investment
Property Type Industrial
Property Subtype Manufacturing
Building Class C
Lot Size 1.00 AC
Rentable Building Area 16,857 SF
No. Stories 3
Year Built 1863
Tenancy Single
Zoning R-1 - Light Industrial
Somewhat walkable
30/100
Exceptionally drivable
100/100
Fairly bikeable
50/100

Property Taxes

Property Taxes

Parcel Number
041-777-080-01
Land Assessment
$23,456 CAD
Improvements Assessment
$43,260 CAD
Total Assessment
$66,717 CAD
  • Listing ID: 41531403

  • Date on Market: 2026-08-03

  • Last Updated:

  • Address: 161 South st, Colon, MI 49040

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