Multi-Building Industrial Auto
5720 Bates Road Williamsburg, MI 49690
5720 Bates Road, Williamsburg, MI, 49690
$3,199,000
For Sale
$3,199,000
COMMERCIAL - Williamsburg, MI
Property Size48,700 SF
Lot Size20.00 Acres
Price / SF$65.69
Days on Market55
Property Features for 5720 Bates Road
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Exterior features
- Steel
- Standard status
- Active
- Size
- 48,700 SF
- Lot size
- 20.00 Acres
Taxes and HOA fees
- Tax Description
- Lengthy legal-see documents
Utilities
- Water source
- Private
Building Details
- Building materials
- Steel, Frame
- Roof type
- Metal
Listing Agency
EXIT Northern Shores Realty-ER
(231) 264-9833
710 US Hwy. 31, MI
Listed by
Audra Jackson · License #6501402998
(231) 835-1650
Added: May 24 Checked: Jul 17 at 4:06 am
MLS# 1945641
Copyright © 2026 Northern Great Lakes Realtors MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This sale includes a 20-acre industrial property with 48,700 total square feet across three separate buildings. Building A is a 28,800-square-foot steel structure with two overhead doors and clear span wall heights ranging from 20 to 26 feet, and it is noted as having no heat or restroom facilities. Building B totals 14,400 square feet with insulated 16-foot side walls, an 80' x 80' cooler area, a truck dock, private offices, two restrooms, and is equipped with heat and air conditioning, along with insulated cooler space. Building C is a 5,500-square-foot pole-frame building with a steel roof, 13-foot side walls, and four 12' x 12' overhead doors, and it has been used as an auto repair garage.
The property is located at 5720 Bates Road in Williamsburg, Michigan (49690). The listing notes two wells and two septic systems serving the site. Fixtures and business equipment are scheduled for removal prior to closing.
The configuration suits operators needing multiple structures for mixed industrial and service use, with Building B supporting conditioned space and office needs while also offering dock access and a large cooler area. Building A’s high clear span and large door access can support bulk storage or light manufacturing, and Building C’s overhead door count aligns with vehicle-focused work environments. Buyers should confirm intended use for each building as part of the closing process, particularly given the current mix of conditioned and non-conditioned space.
The property is located at 5720 Bates Road in Williamsburg, Michigan (49690). The listing notes two wells and two septic systems serving the site. Fixtures and business equipment are scheduled for removal prior to closing.
The configuration suits operators needing multiple structures for mixed industrial and service use, with Building B supporting conditioned space and office needs while also offering dock access and a large cooler area. Building A’s high clear span and large door access can support bulk storage or light manufacturing, and Building C’s overhead door count aligns with vehicle-focused work environments. Buyers should confirm intended use for each building as part of the closing process, particularly given the current mix of conditioned and non-conditioned space.
Key Highlights
- 20‑acre industrial property with 48,700 sq ft total across three buildings
- Building A: 28,800 sq ft steel structure with two overhead doors and 20–26 ft clear span wall heights (no heat or restrooms)
- Building B: 14,400 sq ft steel building with insulated 16 ft side walls, 80' x 80' cooler area, truck dock, private offices, heat and air, and two restrooms
Local Financial Insights For Industrial
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $438.3k | $9.00 |
| − Vacancy | −$32.9k | −$0.68 |
| EGI | $405.4k | $8.33 |
| − OpEx | −$121.6k | −$2.50 |
| NOI | $283.8k | $5.83 |
48,700 SF · lease $9.00/SF/yr · vacancy 7.50% · expense 30.00%
Alternative Uses
Best Use
Retail
$8.60M
$7.53M – $10.04M
NOI $602,166 @ 7.0% cap · market cap 18.82%
Second Best
Warehouse
$5.54M
$4.84M – $6.46M
NOI $387,557 @ 7.0% cap · market cap 12.11%
Theoretical Best
Office A
$10.58M
$9.26M – $12.34M
NOI $740,552 @ 7.0% cap · market cap 23.15%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Auto shops
Similar For Sale Nearby
Similar Off Market Nearby
- Acme Mini Storage — 6985 M-72, Williamsburg, MI 49690
- AAA Self Storage — 6631 M-72, Williamsburg, MI 49690
FAQs
What type of property is this?
Warehouse - 20-acre industrial property with three buildings, multiple overhead doors, and shared utilities including wells and septic systems.
Where is this warehouse located?
The property is located at 5720 Bates Road Williamsburg, MI.
What is the asking price?
The asking price for this property is $3,199,000.
What are key features of this property?
This property features: 20‑acre industrial property with 48,700 sq ft total across three buildings; Building A: 28,800 sq ft steel structure with two overhead doors and 20–26 ft clear span wall heights (no heat or restrooms); Building B: 14,400 sq ft steel building with insulated 16 ft side walls, 80' x 80' cooler area, truck dock, private offices, heat and air, and two restrooms
