Industrial Warehouse with Fenced
200 E Broadway Street, Three Rivers, MI 49093
For Sale
Contact for pricing
Industrial facility with dock access, office space, and a secured outdoor area for storage or staging.
Property Size8,000 SF
Price / SF$0.00
Days on Market56
Property Features for 200 E Broadway Street
General Information
Standard status
Size
Site & Location
Fenced Yard
Outdoor Storage
Additional Details
Dock-High Doors
Listing Agency:
NAI Wisinski of West Michigan
(269) 353-0311
Listed By:
Kara Schroer · License #6501373674
(269) 459-0435
Source:
Brendaharrisgroup
Added: Sep 13
Changed: Nov 4
Last Checked: Nov 6 at 8:27AM
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 NAI Wisinski of West Michigan
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This industrial warehouse provides more than 8,000 SF of enclosed space with an open interior suited to manufacturing, contracting, or distribution operations. The building also includes a dedicated office area and two 8-foot dock doors to support shipping and receiving functions.
A fully fenced yard adds outdoor capacity for storage or staging. The property is in Three Rivers, with access to US-131 and M-60 within minutes, providing a practical setting for businesses requiring warehouse, production, or distribution space.
A fully fenced yard adds outdoor capacity for storage or staging. The property is in Three Rivers, with access to US-131 and M-60 within minutes, providing a practical setting for businesses requiring warehouse, production, or distribution space.
Key Highlights
- More than 8,000 SF of industrial space
- Two 8‑foot dock doors support loading and receiving
- Open warehouse layout with a functional office area
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$119,656
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,393,120
$2.4M
Cap Rate 7%
$1,709,371
$1.7M
Cap Rate 9%
$1,329,511
$1.3M
Market Conditions
NOI Build-Up for 8,000 SF
Gross rent
$175.7K $21.96/SF
− Vacancy
−$4.7K −$0.59/SF
EGI
$170.9K $21.37/SF
− OpEx
−$51.3K −$6.41/SF
NOI
$119.7K $14.96/SF
Area
St. Joseph County, MI
Vacancy
2.70%
Lease Rate
$21.96 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,393,120
Cap Rate 7%
$1,709,371
Cap Rate 9%
$1,329,511
Alternative Uses
Best Use
Warehouse
$2.08M
$1.82M – $2.42M
NOI $145,296 @ 7.0% cap · market cap 2,075,657.14%
Second Best
Industrial
$1.71M
$1.50M – $1.99M
NOI $119,656 @ 7.0% cap · market cap 1,709,371.43%
Theoretical Best
Multifamily LT 5
$99.68M
$87.22M – $116.30M
NOI $6,977,749 @ 7.0% cap · market cap 99,682,128.57%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
2
Dock-high doors
Yes
Fenced yard
Location Intelligence
Trade Area within ½ mile
136
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 49093, MI
18,215
Population
8,512
Households
2.1
Avg Household Size
41
Median Age
20%
College-Educated
92%
High-School Grad
105.6 sq mi
ZIP Area
172
Density / Sq Mi
$63,040
Median Household Income
$36,916
Median Earnings
$824
Median Rent
$174,000
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Average Price Trend$/SF for Warehouses in St. Joseph County, MI
Properties on Market for Warehouses in St. Joseph County
Vacancy Rate% for Industrial in Midwest region
Similar Off Market Nearby
- Fourteenth Street Storage — 421 14th St, Three Rivers, MI 49093
Frequently Asked Questions
What type of property is this?
Warehouse - Industrial facility with dock access, office space, and a secured outdoor area for storage or staging.
Where is this warehouse located?
The property is located at 200 E Broadway Street Three Rivers, MI.
What are key features of this property?
This property features: More than 8,000 SF of industrial space; Two 8‑foot dock doors support loading and receiving; Open warehouse layout with a functional office area
