Downtown Flex Building with
222 South Maple Street Fennville, MI 49408
222 South Maple Street, Fennville, MI, 49408
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For Sale
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Commercially zoned flex property includes warehouse space plus office/retail area totaling 4,228 SF.
Property Size4,228 SF
Price / SF$92.24
Days on Market77
Property Features for 222 South Maple Street
General Information
- Standard status
- Active
- Size
- 4,228 SF
- Property subtype
- Retail, Office
Listing agency
Bradley Company
Listed by
Jordan Wenzel · License #6501452030APP23
Source
Crexi
Added: May 7 Updated: Jul 21 at 1:44PM Checked: Jul 22 at 12:36PM
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 Bradley Company
Investment Insights
Based on property information with market context.
This commercially zoned flex property offers a combined layout of warehouse and office/retail space. The building includes 1,968 SF of warehouse area and 2,260 SF of office/retail space, for a total of 4,228 SF.
The property is located on the south edge of downtown Fennville, Michigan, at 222 South Maple Street.
For businesses looking for both back-of-house storage and front-facing office or retail functionality, the split configuration provides space for multiple operating needs within a single building footprint.
The property is located on the south edge of downtown Fennville, Michigan, at 222 South Maple Street.
For businesses looking for both back-of-house storage and front-facing office or retail functionality, the split configuration provides space for multiple operating needs within a single building footprint.
Key Highlights
- 4,228 SF commercially zoned flex property on the south edge of downtown Fennville, MI
- Includes 1,968 SF warehouse space
- Includes 2,260 SF office/retail space
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 | $29.1k | $6.88 |
| − Vacancy | −$844 | −$0.20 |
| EGI | $28.2k | $6.68 |
| − OpEx | −$4.2k | −$1.00 |
| NOI | $24.0k | $5.68 |
4,228 SF · lease $6.88/SF/yr · vacancy 2.90% · expense 15.00%
Alternative Uses
Best Use
Office B
$665.4K
$582.2K – $776.3K
NOI $46,577 @ 7.0% cap · market cap 11.94%
Second Best
Retail
$627.0K
$548.6K – $731.5K
NOI $43,890 @ 7.0% cap · market cap 11.25%
Theoretical Best
Hotel Hospitality
$39.71M
$34.74M – $46.32M
NOI $2,779,370 @ 7.0% cap · market cap 712.66%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
City Hall Provisioning ...
(Bike/Boat/Book/etc) Store
City Hall Provisions
(Bike/Boat/Book/etc) Store
Similar For Sale Nearby
FAQs
What type of property is this?
Flex space - Commercially zoned flex property includes warehouse space plus office/retail area totaling 4,228 SF.
Where is this flex space located?
The property is located at 222 South Maple Street Fennville, MI.
What is the asking price?
The asking price for this property is $390,000.
What are key features of this property?
This property features: 4,228 SF commercially zoned flex property on the south edge of downtown Fennville, MI; Includes 1,968 SF warehouse space; Includes 2,260 SF office/retail space
