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325 Jay St 61,538 SF Industrial Building Coldwater, MI 49036 $2,190,988 CAD ($35.60 CAD/SF)
Investment Highlights
- 5,000 SF of upstairs storage in addition to the 61K floor space
- Upgrades throughout / turn-key
- Unique geographic positioning
- 1 acre of exterior storage area or room to expand
- Known Environmental - Vapor System Installed
Executive Summary
This unique industrial asset is move-in ready for any operator. Over $600K of improvements! Perfect opportunity for any user or investor. Coldwater, Michigan is geographically positioned to capture any Northern Indiana traffic over the critical artery that is the Indiana Toll Road I-80 / I-90, as well as just south of Michigan's most important logistical thoroughfare between Chicago and Detroit, I-94. Four truck wells with levelers, three overhead doors, sprinkled, video surveillance, approximately 4,000 SF of office, 600 Amps, 480 3 Phase, and upgrades throughout! Available for lease @ $2.50 PSF NNN.
Property Facts
| Price | $2,190,988 CAD | No. Stories | 1 |
| Price Per SF | $35.60 CAD | Year Built/Renovated | 1957/1977 |
| Sale Type | Owner User | Tenancy | Single |
| Property Type | Industrial | Parking Ratio | 1.22/1,000 SF |
| Property Subtype | Warehouse | Clear Ceiling Height | 24’ |
| Building Class | C | No. Dock-High Doors/Loading | 4 |
| Lot Size | 3.23 AC | No. Drive In / Grade-Level Doors | 3 |
| Rentable Building Area | 61,538 SF | Opportunity Zone |
Yes
|
| Zoning | D-5 - Heavy Industrial | ||
| Price | $2,190,988 CAD |
| Price Per SF | $35.60 CAD |
| Sale Type | Owner User |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | C |
| Lot Size | 3.23 AC |
| Rentable Building Area | 61,538 SF |
| No. Stories | 1 |
| Year Built/Renovated | 1957/1977 |
| Tenancy | Single |
| Parking Ratio | 1.22/1,000 SF |
| Clear Ceiling Height | 24’ |
| No. Dock-High Doors/Loading | 4 |
| No. Drive In / Grade-Level Doors | 3 |
| Opportunity Zone |
Yes |
| Zoning | D-5 - Heavy Industrial |
Space Availability
- Space
- Size
- Space Use
- Build-Out
- Available
- 1st Floor
- 61,538 SF
- Industrial
- -
- Now
| Space | Size | Space Use | Build-Out | Available |
| 1st Floor | 61,538 SF | Industrial | - | Now |
1st Floor
| Size |
| 61,538 SF |
| Space Use |
| Industrial |
| Build-Out |
| - |
| Available |
| Now |
1 1
Somewhat walkable
30/100
Exceptionally drivable
90/100
Fairly bikeable
40/100
Demographics
Regional Accessibility
City
Population
Miles
Drive Time
Detroit
672,662
121
2 h 27 m
Chicago
2,705,994
169
3 h 28 m
Indianapolis
867,125
178
3 h 21 m
Columbus
892,533
210
4 h 20 m
Nashville
669,053
465
8 h 36 m
Washington
702,455
556
10 h 30 m
Access and Labor Force
10 Miles
Total Population
33,472
Total Labor Force
15,932
Unemployment Rate
4.84%
Median Household Income
$62,214
Warehouse Employees
5,213
High School Education Or Higher
90.50%
$ values in USD
Property Taxes
| Parcel Number | 304-000-000-569-00 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $466,661 CAD |
Property Taxes
Parcel Number
304-000-000-569-00
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$466,661 CAD
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325 Jay St
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