1820 Lake Street

Industrial for Sale
Catylist Listing ID: 30749157
Property Subtypes: Manufacturing, Light Industrial, Warehouse/Distribution
Building Size (RSF): 52,459 SF
Gross Building Area: See Agent
Gross Land Area: 5.55 Acres
Sale Price: $990,000
Unit Price: $18.87 PSF
Ceiling: 21 ft.
Docks/Doors: 1 Dock, 4 Doors
Office SF: 2,108 SF
In Opportunity Zone? Yes
Property Use Type: Vacant/Owner-User
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 10/21/2021

Overview / Comments

This 52,459 SF industrial building is conveniently located 1.8 miles from Interstate I-94 and almost directly on the business loop.
The property has 2,108 SF of office space with 5 (five) private offices, men/women restrooms, open cubical area, storage, and waiting area. The approximately 50,351 SF of warehouse has 12' to 21' ceiling heights. The space offers: one (1) loading dock, four (4) grade level overhead doors, two (2) 2-ton cranes on a heavy duty monorail crane systems used for unloading trucks. It also has 5.5 acres, which is ideal for truck parking or future expansion.
This is a great building for any company looking for manufacturing space, with room to expand, near the Interstate and Downtown Kalamazoo.

Additional Details

Nearest MSA: Kalamazoo-Portage
County: Kalamazoo
Taxing Authority: City of Kalamazoo
Tax ID/APN: 06-23-414-003
Zoning: M-2
Property Located Between: Fulford & Shakespeare
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 1
Construction/Siding: Metal Siding
Parking Type: Surface
Overhead Cranes: 2
Heat Type: Natural Gas, Suspended Radiant Heaters
Lot Frontage: 145'
Lot Depth: Irregular
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 10,739 74,082 145,969
Median Age: 31.6 32.12 33.71
Households: 3,909 28,234 59,155
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