Industrial Warehouse For
57280 Gratiot Avenue New Haven, MI 48048
57280 Gratiot Avenue, New Haven, MI, 48048
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For Sale
Contact for pricing
Small warehouse for sale on Gratiot Avenue, providing a compact industrial footprint in New Haven, MI.
Property Size1,300 SF
Price / SF$173.08
Days on Market50
Property Features for 57280 Gratiot Avenue
General Information
- Standard status
- Active
- Size
- 1,300 SF
- Property subtype
- Retail
Building Details
- Year Built
- 1982
Listing agency
Marlin Properties
Listed by
JJ Schmidt · License #MI 6502128259
Source
Crexi
Added: Jun 3 Updated: Jul 10 at 1:50PM Checked: Jul 21 at 1:35PM
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 Marlin Properties
Investment Insights
Based on property information with market context.
This offering presents a small industrial warehouse property listed for sale at $225,000, with a total size of 1,300. The asset is categorized under warehouse and other industrial property types, offering buyers a straightforward option for owning a compact warehouse facility.
The property is located at 57280 Gratiot Avenue in New Haven, Michigan. As a street-front industrial offering, it provides direct presence along Gratiot Avenue, making it a simple, identifiable location for buyers and operators looking to secure space in an established corridor.
With its compact footprint, the warehouse may appeal to owner-users and small operators seeking a manageable size for industrial storage, warehousing, or other operational needs, subject to applicable permits and approvals. Buyers considering a purchase may want to review the property’s current configuration and intended use requirements to confirm fit for their specific business plans. For sale information and viewing details can be provided upon request.
The property is located at 57280 Gratiot Avenue in New Haven, Michigan. As a street-front industrial offering, it provides direct presence along Gratiot Avenue, making it a simple, identifiable location for buyers and operators looking to secure space in an established corridor.
With its compact footprint, the warehouse may appeal to owner-users and small operators seeking a manageable size for industrial storage, warehousing, or other operational needs, subject to applicable permits and approvals. Buyers considering a purchase may want to review the property’s current configuration and intended use requirements to confirm fit for their specific business plans. For sale information and viewing details can be provided upon request.
Key Highlights
- Small warehouse for sale on Gratiot Avenue in New Haven, MI
- Built in 1982
Local Financial Insights For Warehouse
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 | $10.6k | $8.16 |
| − Vacancy | −$594 | −$0.46 |
| EGI | $10.0k | $7.70 |
| − OpEx | −$1.5k | −$1.16 |
| NOI | $8.5k | $6.55 |
1,300 SF · lease $8.16/SF/yr · vacancy 5.60% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$121.6K
$106.4K – $141.9K
NOI $8,512 @ 7.0% cap · market cap 3.78%
Second Best
Industrial
$100.1K
$87.6K – $116.8K
NOI $7,010 @ 7.0% cap · market cap 3.12%
Theoretical Best
Specialty Retail
$243.4K
$213.0K – $284.0K
NOI $17,037 @ 7.0% cap · market cap 7.57%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Warehouse - Small warehouse for sale on Gratiot Avenue, providing a compact industrial footprint in New Haven, MI.
Where is this warehouse located?
The property is located at 57280 Gratiot Avenue New Haven, MI.
What is the asking price?
The asking price for this property is $225,000.
What are key features of this property?
This property features: Small warehouse for sale on Gratiot Avenue in New Haven, MI; Built in 1982
