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Investment Highlights

  • 61,538-SF industrial facility on 3.24 acres with D-2 zoning offers a functional, move-in-ready layout with 4,000 SF of office and warehouse space.
  • Turnkey opportunity within a critical Midwest distribution corridor offering strong transportation access and functional design.
  • Over $600,000 in capital improvements completed, including a vapor mitigation system addressing environmental conditions for long-term usability.
  • Located between Interstate 69 and US 12, providing strong regional access with connectivity to Interstate 94 and Indiana Toll Rd (Interstate 80/90).
  • Configured for operations with 600-amp, 480-volt, 3-phase power, 4 dock-high doors with levelers, and 3 grade-level doors for flexible industrial use.
  • Approximately 1 acre of outdoor storage or expansion area enhances flexibility for staging, storage, and future growth and scalability.

Executive Summary

Callander Commercial is pleased to present the opportunity to acquire a 61,538-square-foot industrial facility located at 325 Jay Street in Coldwater, Michigan. Situated on 3.24 acres and zoned D-2 (Industrial), the property offers a functional, move-in-ready layout with approximately 4,000 square feet of office space and a well-configured warehouse. Over $600,000 worth of capital improvements have been completed, including a vapor mitigation system addressing known environmental conditions, positioning the asset for immediate occupancy and long-term usability. Lease with Purchase Option Available.

Strategically situated between Interstate 69 and US 12, the asset benefits from immediate regional connectivity, with access to Interstate 94 and the Indiana Toll Road (Interstate 80/90), enabling efficient distribution to major Midwest markets, including Chicago and Detroit. This location advantage supports both owner/users and investors seeking logistics-oriented positioning with strong transportation access.

Well-equipped to support a variety of industrial operations, 325 Jay Street features 600-amp, 480-volt, 3-phase power, four loading docks with levelers, and three grade-level doors. Additional attributes include sprinklered fire protection, public utilities, gas-fired heating, and video surveillance, ensuring operational readiness and functionality. The property also offers approximately 1 acre of outdoor storage or expansion potential, along with 5,000 square feet of mezzanine/upper-level storage, further enhancing flexibility for users with storage or light manufacturing needs.

325 Jay Street presents a compelling opportunity to acquire a well-located, turnkey industrial asset with solid infrastructure, meaningful capital improvements, and strong logistical positioning within a critical Midwest distribution corridor.

Property Facts

Price $2,116,843 CAD
Price Per SF $34.40 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
Somewhat walkable
30/100
Exceptionally drivable
90/100
Fairly bikeable
40/100

Demographics

Regional Accessibility

50 Miles 50 Mi. 100 Miles 100 Mi. 500 Miles 500 Mi.
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

Property Taxes

Parcel Number
304-000-000-569-00
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$482,257 CAD
  • Listing ID: 34744242

  • Date on Market: 2025-02-06

  • Last Updated:

  • Address: 325 Jay St, Coldwater, MI 49036

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