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Multi-Building Manufacturing Property
New
For Lease
$350,000

10331 Us Highway 31, Berrien Springs, MI 49103

Three structures offer office, paint-room, workshop, and storage areas.

Space SizeContact for details
Days on Market3

Property Features for 10331 Us Highway 31

General Information

Standard status Active
Property subtype Commercial

Building Details

Year Built 1976
Buildings 3
Listing Agency: Lacuna Group LLC
Listed By: Marcus Velzen · License #6501420016
Source: Lacunare
Added: Oct 12 Changed: Oct 14 Last Checked: Oct 13 at 2:28AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Lacuna Group LLC

Investment Insights

Based on property information with market context.

The property includes three buildings configured for cabinet-shop and related work. The main structure contains 3,900 square feet, with an office, paint room, bathroom, and two overhead doors measuring 8 feet. A separate 960-square-foot building has a concrete floor and an 8-foot overhead door; it is used for storage and workshop activity. The third building has a 12-foot overhead door, a tall ceiling, and a dirt floor, and is used for trailer storage.

The property was built in 1976. Equipment is not included in the rental offering.

Key Highlights

  • Three buildings configured for shop, workshop, and storage uses
  • Main building: 3900sqft with an office, paint room, bathroom, and two 8′ overhead doors
  • Second building: 960sqft, concrete floor, and 8′ overhead door

Property Analytics

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Current Use

Manufacturing properties

Suggested Use

Top Pick Building Supply Kitchen & Bath Showroom Restaurant Spa & Massage Center Auto Repair Shop Arcade & Gaming Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

16
Businesses Nearby

Demographics for 49103, MI

11,508
Population
4,833
Households
2.4
Avg Household Size
39
Median Age
52%
College-Educated
94%
High-School Grad
44.8 sq mi
ZIP Area
257
Density / Sq Mi
$61,888
Median Household Income
$32,524
Median Earnings
$878
Median Rent
$224,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Industrial in Midwest region

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025
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Frequently Asked Questions

What type of property is this?
Manufacturing property - Three structures offer office, paint-room, workshop, and storage areas.
Where is this manufacturing property located?
The property is located at 10331 Us Highway 31 Berrien Springs, MI.
What is the lease rate?
The lease rate is $350,000.
What are key features of this property?
This property features: Three buildings configured for shop, workshop, and storage uses; Main building: 3900sqft with an office, paint room, bathroom, and two 8′ overhead doors; Second building: 960sqft, concrete floor, and 8′ overhead door
More about this property
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