Industrial Warehouse for
For Sale
Contact for pricing
1480 S W Bay Shore Drive, Suttons Bay, MI 49682
For-sale industrial warehouse offering 45,000 square feet with an investor-reported 7.75% CAP rate.
Property Size45,000 SF
Price / SF$38.71
Days on Market58
Property Features for 1480 S W Bay Shore Drive
General Information
Standard status
Active
Size
45,000 SF
Property subtype
Industrial
Additional Details
Cap Rate
7.75%
Building Details
Year Built
1970
Listing Agency:
Matthews
Listed By:
Louis Murray · License #CA 02208617
Source:
Crexi
Added: Jun 10
Changed: Jul 10
Last Checked: Aug 5 at 8:33AM
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 Matthews
Investment Insights
Based on property information with market context.
This for-sale industrial warehouse includes approximately 45,000 square feet of space, positioned for a range of warehouse and light industrial operating needs. The offering is presented with an investor-reported 7.75% CAP rate in the public remarks, along with a listed price of $1,742,000.
The property is located at 1480 S W Bay Shore Drive in Suttons Bay, Michigan (49682). This is an industrial real estate opportunity within the local Suttons Bay market, with the property’s usable area serving as the primary characteristic of the asset as presented in the listing information.
For buyers evaluating industrial space for ownership, the asset’s straightforward warehouse configuration and substantial size can support common storage and distribution requirements, subject to confirmation of any tenant, lease, or operational constraints not included in the provided materials. Investors may also focus on the stated 7.75% CAP rate reported in the listing remarks when underwriting the potential return profile. Prospective purchasers are encouraged to review all available offering details to confirm suitability for their intended use and assumptions.
The property is located at 1480 S W Bay Shore Drive in Suttons Bay, Michigan (49682). This is an industrial real estate opportunity within the local Suttons Bay market, with the property’s usable area serving as the primary characteristic of the asset as presented in the listing information.
For buyers evaluating industrial space for ownership, the asset’s straightforward warehouse configuration and substantial size can support common storage and distribution requirements, subject to confirmation of any tenant, lease, or operational constraints not included in the provided materials. Investors may also focus on the stated 7.75% CAP rate reported in the listing remarks when underwriting the potential return profile. Prospective purchasers are encouraged to review all available offering details to confirm suitability for their intended use and assumptions.
Key Highlights
- Industrial warehouse for sale offering 45,000 SF
- Year built: 1970
- Investor‑reported 7.75% CAP rate
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
35
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 49682, MI
4,272
Population
2,439
Households
1.8
Avg Household Size
52
Median Age
42%
College-Educated
96%
High-School Grad
41.2 sq mi
ZIP Area
104
Density / Sq Mi
$89,688
Median Household Income
$37,057
Median Earnings
$1,227
Median Rent
$367,400
Median Home Value
Market
Vacancy Rate% for Industrial in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Warehouse - For-sale industrial warehouse offering 45,000 square feet with an investor-reported 7.75% CAP rate.
Where is this warehouse located?
The property is located at 1480 S W Bay Shore Drive Suttons Bay, MI.
What is the asking price?
The asking price for this property is $1,742,000.
What are key features of this property?
This property features: Industrial warehouse for sale offering 45,000 SF; Year built: 1970; Investor‑reported 7.75% CAP rate
