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Light Industrial Flex Building
New
For Sale
$325,000

309 S Steer St, Addison, MI 49220

The property combines industrial electrical infrastructure with dedicated office space and a bathroom.

Property Size5,288 SF
Lot Size0.68 Acres
Price / SF$61.46
Days on Market2

Property Features for 309 S Steer St

General Information

Standard status Active
Size 5,288 SF
Lot size 0.68 Acres
Property subtype Commercial
Zoning Light Industrial

Additional Details

Highway Access Yes
Three-Phase Power Yes

Taxes and HOA fees

Annual Taxes $2,292

Building Details

Buildings 1
Units 1
Building Size 5,288 SF
Construction block
Listing Agency: ERA REARDON REALTY, L.L.C.
Listed By: ALEX C PERLOS · License #6501210977
Source: Elliman
Added: Oct 9 Changed: Oct 10 Last Checked: Oct 10 at 2:34AM

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 ERA REARDON REALTY, L.L.C.

Investment Insights

Based on property information with market context.

This 5,288-square-foot block building occupies approximately 0.68 acres in Addison, Michigan. Its existing improvements include office space and a bathroom, along with 3-phase electrical service and bus duct. The property is zoned Light Industrial, with permitted uses that include manufacturing, contractor, warehouse, and industrial operations.

The site is at 309 S Steer St, with access to area highways and surrounding communities.

Key Highlights

  • 5,288‑square‑foot block building on approximately 0.68 acres
  • 3‑phase electrical power and existing bus duct
  • Light Industrial zoning permits manufacturing, contractor, warehouse, and industrial uses

Property Analytics

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Current Use

Springdale Automatics Inc Industrial Manufacturer

Suggested Use

Top Pick Big Box & Wholesale Store Furniture & Home Goods Building Supply Nail Salon Grocery & Convenience Store Restaurant

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

73
Businesses Nearby
Well-served
Demand for This Use

Demographics for 49220, MI

2,390
Population
1,313
Households
1.8
Avg Household Size
44
Median Age
27%
College-Educated
96%
High-School Grad
32.0 sq mi
ZIP Area
75
Density / Sq Mi
$70,726
Median Household Income
$37,364
Median Earnings
$803
Median Rent
$205,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Industrial in Midwest region

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025
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Frequently Asked Questions

What type of property is this?
Flex space - The property combines industrial electrical infrastructure with dedicated office space and a bathroom.
Where is this flex space located?
The property is located at 309 S Steer St Addison, MI.
What is the asking price?
The asking price for this property is $325,000.
What are key features of this property?
This property features: 5,288‑square‑foot block building on approximately 0.68 acres; 3‑phase electrical power and existing bus duct; Light Industrial zoning permits manufacturing, contractor, warehouse, and industrial uses
More about this property
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