Flex Space with 26-Foot
New
For Sale
$375,000
295 Urbandale Avenue, Benton Harbor, MI 49022
COMMERCIAL - Benton Harbor, MI
Property Size7,500 SF
Lot Size1.14 Acres
Price / SF$50
Days on Market3
Property Features for 295 Urbandale Avenue
General Information
Property type
Commercial Sale
Property subtype
Other
Bathrooms
2
Full bathrooms
2
Rooms
Bathroom 1, Bathroom 2
Elementary school district
Benton Harbor
Middle school district
Benton Harbor
High school district
Benton Harbor
Standard status
Active
APN
11-03-7850-0024-01-0
Size
7,500 SF
Lot size
1.14 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
LOT:2,24-25 DIST:03 UNIT:2,2 CITY/MUNI/TWP:BENTON TWP PT OF LOTS 24 & 25 SUPERV PLAT OF URBANDALE ADD COM 877.01'S OF...
Tax Annual Amount
5605
Legal Description
LOT:2,24-25 DIST:03 UNIT:2,2 CITY/MUNI/TWP:BENTON TWP PT OF LOTS 24 & 25 SUPERV PLAT OF URBANDALE ADD COM 877.01'S OF...
Utilities
Utilities
Phone Available
Heating system
Forced Air
Cooling system
Central Air
Building Details
Year built
1986
Number of units
1
Building materials
Brick, Metal Siding
Listing Agency:
Coldwell Banker Anchor R.E.
(269) 983-0011
Listed By:
Wendy Morauske
(269) 369-3699
Added: Jul 30
Last Checked: Aug 1 at 2:06PM
MLS# 26039376
Copyright © 2026 Michigan Regional Information Center, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Flex space offering warehouse and office configuration within a brick and metal-siding building originally built in 1986. The layout includes multiple spacious offices, a recording booth, large warehouse spaces, two bathrooms, and a kitchenette. Ceiling heights reach 26 feet, supported by forced-air heating and central air conditioning. Mechanical systems include three furnaces and two AC units operating across three zones, and the property features a large overhead outside door.
The site sits on a 1.14-acre lot along a commercial corridor with easy access to I-94 and Lake Michigan shoreline communities. Phone service is listed as available. The property is being sold as-is.
This flexible setup can support a range of light industrial and office-oriented uses, with room to adapt the internal office, warehouse, and recording spaces to an operator’s needs.
The site sits on a 1.14-acre lot along a commercial corridor with easy access to I-94 and Lake Michigan shoreline communities. Phone service is listed as available. The property is being sold as-is.
This flexible setup can support a range of light industrial and office-oriented uses, with room to adapt the internal office, warehouse, and recording spaces to an operator’s needs.
Key Highlights
- 7,500 SF flex space with ceiling heights up to 26 feet
- Recording booth plus multiple spacious offices and large warehouse spaces
- Two bathrooms and kitchenette within the existing layout
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
Property Profile
Current Use
Lease Details
26 ft
Clear height
1
Drive-in doors
Yes
Highway access
Yes
Paved road 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 - Flex space with warehouse areas, offices, a recording booth, and central HVAC on a 1.14-acre site.
Where is this flex space located?
The property is located at 295 Urbandale Avenue 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 SF flex space with ceiling heights up to 26 feet; Recording booth plus multiple spacious offices and large warehouse spaces; Two bathrooms and kitchenette within the existing layout
