Flex Space with 26-Foot
For Sale
$375,000
295 URBANDALE AVE, Benton Harbor, MI 49022
Combines office areas, warehouse space, a recording booth, and practical support features.
Property Size7,500 SF
Price / SF$50
Days on Market8
Property Features for 295 URBANDALE AVE
General Information
Standard status
Active
Size
7,500 SF
Property subtype
Industrial
Warehouse & Industrial
Clear Height
26 ft
Drive-In Doors
1
Additional Details
Highway Access
Yes
Amenities
recording booth
kitchenette
large overhead outside door
3
184270
Building Details
Year Built
1986
Building Size
7,500 SF
Listing Agency:
Coldwell Banker Anchor R.E.
(269) 369-3699
Listed By:
Wendy Morauske
(269) 369-3699
Source:
Xome
Added: Jul 28
Changed: Aug 2
Last Checked: Aug 4 at 2:56AM
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 Coldwell Banker Anchor R.E.
Investment Insights
Based on property information with market context.
This 7,500-square-foot flex property combines multiple offices with substantial warehouse areas, creating a varied commercial layout within a 1986-built facility. Interior features include a recording booth, two bathrooms, and a kitchenette. The building also offers 26-foot ceiling heights, a large overhead exterior door, three furnaces, and two AC units serving three zones. The property is being sold as-is.
Situated along a commercial corridor, the property provides access to I-94 and Lake Michigan shoreline communities. Its combination of office, warehouse, production, and support areas accommodates the distinct spaces identified in the property information without relying on a single-use configuration.
Situated along a commercial corridor, the property provides access to I-94 and Lake Michigan shoreline communities. Its combination of office, warehouse, production, and support areas accommodates the distinct spaces identified in the property information without relying on a single-use configuration.
Key Highlights
- 7,500 square feet of flex space
- 26‑foot ceiling heights
- Multiple offices plus large warehouse areas
Financial Insights For Industrial
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 | $52.2k | $6.96 |
| − Vacancy | −$4.3k | −$0.58 |
| EGI | $47.9k | $6.38 |
| − OpEx | −$14.4k | −$1.91 |
| NOI | $33.5k | $4.47 |
7,500 SF · lease $6.96/SF/yr · vacancy 8.30% · expense 30.00%
Alternative Uses
Best Use
Office B
$1.18M
$1.03M – $1.38M
NOI $82,623 @ 7.0% cap · market cap 22.03%
Second Best
Warehouse
$581.2K
$508.6K – $678.1K
NOI $40,687 @ 7.0% cap · market cap 10.85%
Theoretical Best
Office A
$1.58M
$1.38M – $1.84M
NOI $110,474 @ 7.0% cap · market cap 29.46%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
26 ft
Clear height
1
Drive-in doors
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
103
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 49022, MI
30,143
Population
14,484
Households
2.1
Avg Household Size
39
Median Age
18%
College-Educated
85%
High-School Grad
67.3 sq mi
ZIP Area
448
Density / Sq Mi
$39,859
Median Household Income
$29,530
Median Earnings
$797
Median Rent
$140,500
Median Home Value
Market
Vacancy Rate% for Office in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Flex space - Combines office areas, warehouse space, a recording booth, and practical support features.
Where is this flex space located?
The property is located at 295 URBANDALE AVE Benton Harbor, MI.
What is the asking price?
The asking price for this property is $375,000.
What are key features of this property?
This property features: 7,500 square feet of flex space; 26‑foot ceiling heights; Multiple offices plus large warehouse areas
