Historic Office Building with
For Sale
Contact for pricing
4333 Red Arrow Highway A, Stevensville, MI 49127
Updated interior includes private offices, conference space, and flexible work areas.
Property Size4,000 SF
Price / SF$0.00
Days on Market47
Property Features for 4333 Red Arrow Highway A
General Information
Standard status
Active
Size
4,000 SF
Site & Location
Highway Access
Yes
Utilities to Site
Yes
Amenities
6 private offices
reception area
large conference room
kitchenette
open workspaces
large storage room
front and back entrances
one full bathroom
one half bathroom
historical monument on site
Building Details
Buildings
1
Building Size
4,000 SF
Listing Agency:
RE/MAX by the Lake
(269) 281-4186
Listed By:
Lars A Petzke · License #6502409512
(269) 369-6348
Source:
Blueowlprop
Added: Sep 15
Changed: Oct 28
Last Checked: Oct 30 at 2:23PM
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 RE/MAX by the Lake
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Investment Insights
Based on property information with market context.
This historic office property offers nearly 4,000 total square feet with an updated interior and a practical mix of dedicated and collaborative areas. The main floor and basement include 6 private offices, a reception area, a large conference room, kitchenette, open workspaces, and a substantial storage room. Front and rear entrances serve the building, which includes one full bathroom and one half bathroom. On-site parking is available.
The property is located near I-94 access and includes a historical monument on the site. The setting also includes rear office and warehousing structures used by multiple businesses. Ingress and egress, utilities, and several services are shared between the front and back buildings, including gas, electric, water, lawn care, snow removal, security, trash service, and Comcast internet.
The property is located near I-94 access and includes a historical monument on the site. The setting also includes rear office and warehousing structures used by multiple businesses. Ingress and egress, utilities, and several services are shared between the front and back buildings, including gas, electric, water, lawn care, snow removal, security, trash service, and Comcast internet.
Key Highlights
- Nearly 4,000 total square feet of office space
- 6 private offices plus reception, conference, kitchenette, and open work areas
- Updated interior with workspace on the main floor and in the basement
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$40,500
Suggested Prices Based on Cap Rates
Cap Rate 5%
$810,000
$810.0K
Cap Rate 7%
$578,571
$578.6K
Cap Rate 9%
$450,000
$450.0K
Market Conditions
NOI Build-Up for 4,000 SF
Gross rent
$72.0K $18.00/SF
− Vacancy
−$7.2K −$1.80/SF
EGI
$64.8K $16.20/SF
− OpEx
−$24.3K −$6.07/SF
NOI
$40.5K $10.13/SF
Area
Berrien County, MI
Vacancy
10.00%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$810,000
Cap Rate 7%
$578,571
Cap Rate 9%
$450,000
Alternative Uses
Best Use
Office B
$629.5K
$550.8K – $734.4K
NOI $44,065 @ 7.0% cap · market cap 367,208.33%
Second Best
Mixed Use
$578.6K
$506.3K – $675.0K
NOI $40,500 @ 7.0% cap · market cap 337,500.00%
Theoretical Best
Office A
$841.7K
$736.5K – $982.0K
NOI $58,919 @ 7.0% cap · market cap 490,991.67%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
Yes
Highway access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
207
Businesses Nearby
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Business Placement
Demographics for 49127, MI
10,811
Population
5,043
Households
2.1
Avg Household Size
45
Median Age
47%
College-Educated
98%
High-School Grad
17.1 sq mi
ZIP Area
632
Density / Sq Mi
$96,781
Median Household Income
$44,903
Median Earnings
$1,103
Median Rent
$287,000
Median Home Value
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Market
Vacancy Rate% for Office in Midwest region
Frequently Asked Questions
What type of property is this?
Office building - Updated interior includes private offices, conference space, and flexible work areas.
Where is this office building located?
The property is located at 4333 Red Arrow Highway A Stevensville, MI.
What are key features of this property?
This property features: Nearly 4,000 total square feet of office space; 6 private offices plus reception, conference, kitchenette, and open work areas; Updated interior with workspace on the main floor and in the basement
