Industrial Flex Building with
9167 1st Street Baroda, MI 49101
9167 1st Street, Baroda, MI, 49101
$439,000
For Sale
$439,000
COMMERCIAL - Baroda, MI
Property Size7,100 SF
Lot Size0.30 Acres
Price / SF$61.83
Days on Market129
Property Features for 9167 1st Street
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Bathrooms
- 2
- Rooms
- Bathroom 1, Bathroom 2
- Parking
- 25
- Standard status
- Active
- APN
- 11-30-0014-0008-07-5
- Size
- 7,100 SF
- Lot size
- 0.30 Acres
Taxes and HOA fees
- Tax Year
- 2024
- Tax Description
- COM 157.8'W & 1710'S 0 DEG 0'55''E OF N1/4 PST SEC 14 T6S R19W TH N89 DEG59'05''E 200.96'TH S 0 DEG 02' 26''E 66'TH S89D
- Tax Annual Amount
- 2412
Utilities
- Utilities
- Cable Available
- Heating system
- Forced Air
Building Details
- Year built
- 1993
- Number of units
- 1
- Building materials
- Metal Siding
- Roof type
- Metal
Listing Agency
Coldwell Banker Realty
(269) 469-3950
10 N Whittaker St., Northbrook, MI
Listed by
Mara Walsh
(773) 220-9062
Added: Mar 12 Checked: Jul 17 at 11:06 pm
MLS# 26009501
Copyright © 2026 Michigan Regional Information Center, LLC. 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.
Well-maintained industrial flex building offering approximately 6,250 square feet of versatile space, plus office space on both the main and upper levels. Two 12' x 14' overhead doors provide straightforward loading and access. The facility includes 3-phase, 600-amp electrical service, 6-inch concrete floors, automatic exhaust fans for ventilation, and updated HVAC. Bathrooms are available on each floor, and the upper office area includes a full bathroom with shower for added flexibility.
The property is located in Baroda, Michigan near I-94 and the US-31 Bypass, along the Southwest Michigan Wine Trail. A fully paved lot supports convenient access with ample maneuvering space and parking for vehicles and deliveries.
This configuration supports a range of uses, including warehouse storage, workshop operations, light manufacturing, or workspace geared toward recreational equipment and toys. With offices integrated into both levels and ventilation and power suited to industrial needs, the building is well aligned for tenants seeking an on-site work and admin setup alongside functional shop or storage space.
The property is located in Baroda, Michigan near I-94 and the US-31 Bypass, along the Southwest Michigan Wine Trail. A fully paved lot supports convenient access with ample maneuvering space and parking for vehicles and deliveries.
This configuration supports a range of uses, including warehouse storage, workshop operations, light manufacturing, or workspace geared toward recreational equipment and toys. With offices integrated into both levels and ventilation and power suited to industrial needs, the building is well aligned for tenants seeking an on-site work and admin setup alongside functional shop or storage space.
Key Highlights
- Approximately 6,250 SF well‑maintained industrial building built in 1993
- 3‑phase, 600‑amp electrical service plus forced‑air heating
- 6‑inch concrete floors and metal roof; metal siding construction
Local Financial Insights For Warehouse
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 | $49.4k | $6.96 |
| − Vacancy | −$4.1k | −$0.58 |
| EGI | $45.3k | $6.38 |
| − OpEx | −$6.8k | −$0.96 |
| NOI | $38.5k | $5.42 |
7,100 SF · lease $6.96/SF/yr · vacancy 8.30% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$550.2K
$481.5K – $642.0K
NOI $38,517 @ 7.0% cap · market cap 8.77%
Second Best
Flex RnD
$507.8K
$444.4K – $592.5K
NOI $35,548 @ 7.0% cap · market cap 8.10%
Theoretical Best
Office A
$1.49M
$1.31M – $1.74M
NOI $104,582 @ 7.0% cap · market cap 23.82%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Flex space
Similar For Sale Nearby
FAQs
What type of property is this?
Flex space - Versatile industrial space with two overhead doors, offices on two levels, and substantial electrical capacity for year-round operations.
Where is this flex space located?
The property is located at 9167 1st Street Baroda, MI.
What is the asking price?
The asking price for this property is $439,000.
What are key features of this property?
This property features: Approximately 6,250 SF well‑maintained industrial building built in 1993; 3‑phase, 600‑amp electrical service plus forced‑air heating; 6‑inch concrete floors and metal roof; metal siding construction
