6800 E Michigan Ave

Industrial for Sale
Catylist Listing ID: 30652390
Property Subtypes: Industrial-Business Park, Manufacturing, Light Industrial
Building Size (RSF): 46,000 SF
Gross Building Area: See Agent
Gross Land Area: 22.40 Acres
Sale Price: $1,799,000
Unit Price: $39.11 PSF
Ceiling: 70 ft.
Drive In Bays: 1 Bay
Property Use Type: Vacant/Owner-User
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 4/20/2021

Overview / Comments

The Morrow Power Plant property is home to the former coal fire power plant that closed for business in the 1980’s. The property is located on the West end of Morrow Pond along the Kalamazoo River. The power plant building contains an estimated +$1M of scrap metal. The property is accessible by two easements; one from the 6800 E Michigan Avenue entry and the other from a newly developed road with access from Stalwart Street. This parcel is zoned “M” and is an ideal location for an industrial user who needs vacant land to expand. Property includes power plant building featuring up to 70 foot ceilings with unique architecture, two out buildings currently utilized for storage, and a new access road on the east side of the property where all utilities are available. This property likely qualifies for funding through brownfield redevelopment.

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Additional Details

Nearest MSA: Kalamazoo-Portage
County: Kalamazoo
Taxing Authority: Comstock Township
Tax ID/APN: 07-20-226-170
Zoning: M
Tenancy: Single Tenant
Total Number of Buildings: 3
Year Built: 1939
Overhead Cranes: Undisclosed
Sprinklers: None

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 2,151 25,674 81,397
Median Age: 39.65 37.52 34.8
Households: 835 10,228 33,214
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