Building Details

Year Built 1976

Buildings 3

Listing Agency: Lacuna Group LLC

Listed By: Marcus Velzen · License #6501420016 Show Phone

Source: Lacunare

Added: Oct 12 Changed: Oct 26 Last Checked: Nov 1 at 2:17AM

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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

Who owns this building? See the owner, sales and loan history

Open Analytics

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

Explore this area Business Placement

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

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

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