Flex Space with Overhead
3408 Hollywood Road, St Joseph, MI 49085
For Sale
$549,000
Commercial Sale, St. Joseph, MI
Property Size4,865 SF
Lot Size0.67 Acres
Price / SF$112.85
Days on Market138
Property Features for 3408 Hollywood Road
General Information
Property type
Property subtype
Zoning description
Bathrooms
Full bathrooms
Rooms
Elementary school district
Middle school district
High school district
Standard status
APN
Size
Lot size
Taxes and HOA fees
Tax Year
Tax Description
Tax Annual Amount
Legal Description
Utilities
Utilities
Heating system
Building Details
Year built
Floors in Building
Number of units
Listing Agency:
NAI Wisinski of West Michigan
(269) 353-0311
Listed By:
Dane L Davis · License MI #6502376827
(269) 459-0434
Added: Jun 26
Changed: Oct 8
Last Checked: Nov 10 at 7:06AM
MLS# 26032148
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.
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Investment Insights
Based on property information with market context.
Located at 3408 Hollywood Road, the property includes a 4,865-square-foot office and warehouse building on 0.67 acres. Built in 1955, the facility has three overhead doors, 10-foot ceilings, forced-air heating, and a bathroom. Natural gas is available, and the layout supports office, warehouse, and light industrial operations.
The site sits adjacent to I-94 and near Niles Road, with reported traffic volumes of more than 61,000 vehicles per day on I-94 and nearly 17,000 vehicles per day on Niles Road. Five Guys, Moe's Southwest Grill, Hoopla Frozen Yogurt, and Corewell Health Lakeland Hospital are within minutes. The property is zoned I-1 Industrial.
The site sits adjacent to I-94 and near Niles Road, with reported traffic volumes of more than 61,000 vehicles per day on I-94 and nearly 17,000 vehicles per day on Niles Road. Five Guys, Moe's Southwest Grill, Hoopla Frozen Yogurt, and Corewell Health Lakeland Hospital are within minutes. The property is zoned I-1 Industrial.
Key Highlights
- 4,865‑square‑foot office/warehouse building on 0.67 acres
- Three overhead doors and 10‑foot ceilings
- I‑1 Industrial zoning
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$26,392
Cap Rate
4.81%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$527,840
$527.8K
Cap Rate 7%
$377,029
$377.0K
Cap Rate 9%
$293,244
$293.2K
Market Conditions
NOI Build-Up for 4,865 SF
Gross rent
$33.9K $6.96/SF
− Vacancy
−$2.8K −$0.58/SF
EGI
$31.0K $6.38/SF
− OpEx
−$4.7K −$0.96/SF
NOI
$26.4K $5.42/SF
Area
Berrien County, MI
Vacancy
8.30%
Lease Rate
$6.96 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$527,840
Cap Rate 7%
$377,029
Cap Rate 9%
$293,244
Alternative Uses
Best Use
Office B
$765.6K
$669.9K – $893.3K
NOI $53,595 @ 7.0% cap · market cap 9.76%
Second Best
Warehouse
$377.0K
$329.9K – $439.9K
NOI $26,392 @ 7.0% cap · market cap 4.81%
Theoretical Best
Office A
$1.02M
$895.8K – $1.19M
NOI $71,661 @ 7.0% cap · market cap 13.05%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
10 ft
Clear height
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
238
Businesses Nearby
Balanced
Demand for This Use
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Business Placement
Demographics for 49085, MI
24,047
Population
11,468
Households
2.1
Avg Household Size
44
Median Age
49%
College-Educated
97%
High-School Grad
24.1 sq mi
ZIP Area
998
Density / Sq Mi
$101,763
Median Household Income
$58,316
Median Earnings
$1,099
Median Rent
$287,300
Median Home Value
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Market
Average Price Trend$/SF for Flex space in Berrien County, MI
Properties on Market for Flex space in Berrien County
Vacancy Rate% for Office in Midwest region
Frequently Asked Questions
What type of property is this?
Flex space - I-1-zoned property supports office, warehouse, and light industrial operations.
Where is this flex space located?
The property is located at 3408 Hollywood Road St Joseph, MI.
What is the asking price?
The asking price for this property is $549,000.
What are key features of this property?
This property features: 4,865‑square‑foot office/warehouse building on 0.67 acres; Three overhead doors and 10‑foot ceilings; I‑1 Industrial zoning
