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Updated Industrial Warehouse
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520 E Dresden Street, Kalkaska, MI 49646

Large industrial facility on over 11 acres with four grade level and two dock-high doors.

Property Size107,000 SF
Days on Market137

Property Features for 520 E Dresden Street

General Information

Standard status Active
Size 107,000 SF
Property subtype Special Purpose
Occupancy 50%

Warehouse & Industrial

Dock-High Doors 2
Drive-In Doors 4
Heavy Power Yes
Sprinkler System Yes

Additional Details

Cap Rate 9%
Office Units 16
Listing Agency: Coldwell Banker Commercial Schmidt, Realtors Traverse City
Listed By: Alex MacKenzie · License #6501406999
Source: Crexi
Added: Apr 11 Changed: Aug 8 Last Checked: Jul 20 at 11:49PM

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 Commercial Schmidt, Realtors Traverse City

Investment Insights

Based on property information with market context.

This updated industrial warehouse investment property offers extensive improvements and a functional mix of logistics and office space. The building includes four grade level doors and two dock-high doors, 16 offices, four restrooms, and full fire suppression, along with a security system. Power is described as customizable large capacity 3-phase service.

Approximately half of the building is currently occupied by a solid tenant under a long-term lease. The property is located east of Downtown Kalkaska, with directions noted from 131 on E Dresden, and it is also described as a short drive to Traverse City.

Set on more than 11 acres, the site provides room for expansion and additional buildings, while the current tenant occupancy supports a continued operating setup for an investor.

Key Highlights

  • Large 107,000 SF industrial investment property on over 11 acres
  • About 50% of the building is occupied by a solid tenant on a long‑term lease
  • Priced at an approximate 9% cap rate

Property Analytics

Current Use

Warehouses

Suggested Use

Top Pick Law Firm Plumbing Service Parking Lot & Garage Storage Facility (Bike/Boat/Book/etc) Store Bakery

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

2
Dock-high doors
4
Drive-in doors
16
Office units
50%
Occupancy
Yes
Heavy power
Yes
Sprinkler system

Location Intelligence

Trade Area within ½ mile

473
Businesses Nearby
Balanced
Demand for This Use

Demographics for 49646, MI

8,582
Population
5,652
Households
1.5
Avg Household Size
45
Median Age
15%
College-Educated
89%
High-School Grad
219.3 sq mi
ZIP Area
39
Density / Sq Mi
$55,188
Median Household Income
$34,834
Median Earnings
$712
Median Rent
$167,500
Median Home Value

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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Similar Off Market Nearby

  • Kalkaska U Lock N Store 826 W Mile Rd, Kalkaska, MI 49646

Frequently Asked Questions

What type of property is this?
Warehouse - Large industrial facility on over 11 acres with four grade level and two dock-high doors.
Where is this warehouse located?
The property is located at 520 E Dresden Street Kalkaska, MI.
What are key features of this property?
This property features: Large 107,000 SF industrial investment property on over 11 acres; About 50% of the building is occupied by a solid tenant on a long‑term lease; Priced at an approximate 9% cap rate
(231) 929-2300 Call to check price and availability
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