Large Manufacturing Building with
715 E Duncan, Manchester, MI 48158
For Sale
Contact for pricing
115,488 SF manufacturing building with office space for sale.
Property Size115,488 SF
Lot Size1.50 Acres
Price / SF$0.00
Days on Market288
Property Features for 715 E Duncan
General Information
Standard status
Size
Total Parking Spaces
Lot size
Property subtype
Zoning
Lease Term
Properties For Sale
at 715 E Duncan Contact usA1
Size
2,684 SF
Type
Manufacturing
Term
Negotiable
A2
Size
6,710 SF
Type
Manufacturing
Term
Negotiable
A3
Size
6,160 SF
Type
Warehouse/Distribution
Term
Negotiable
D1
Size
2,337 SF
Type
Manufacturing
Term
Negotiable
F
Size
3,562 SF
Type
Manufacturing
Term
Negotiable
P
Size
840 SF
Type
Warehouse/Distribution
Term
Negotiable
X
Size
5,040 SF
Type
Manufacturing
Term
Negotiable
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Listing Agency:
Swisher Commercial
Listed By:
Jeff Evans · License MI #6506045981
(734) 926-0222
Source:
Swishercommercial
Added: Jan 27
Changed: Oct 26
Last Checked: Nov 10 at 5:16AM
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 Swisher Commercial
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This is a large, single-story former manufacturing building located in the Village of Manchester. The building encompasses 115,488 square feet, including 13,054 square feet of air-conditioned office space. It is fully sprinklered and features efficient radiant gas heating. The office area includes air conditioning, open work areas, and a kitchen. The property benefits from municipal water, sewer, and gas services. Two large surface parking lots, totaling 1.5 acres, are adjacent to the building and provide approximately 200 parking spaces. Warehouse and industrial spaces offer shared access to a ground-level overhead door, as well as both indoor and outdoor loading docks. The building is situated on the east side of Manchester, just minutes from SR-52 and Downtown Manchester, offering convenient access to banks, restaurants, and schools in a small-town atmosphere. It is located two blocks off M-52, on the east side of Manchester, approximately 10 miles south of I-94 and 20 miles southwest of Ann Arbor.
Key Highlights
- 115,488 sf single‑story building with 13,054 sf of air‑conditioned office space.
- Very affordable gross rent rates.
- Two large surface parking lots totaling 1.5 acres.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$1,071,960
Suggested Prices Based on Cap Rates
Cap Rate 5%
$21,439,200
$21.4M
Cap Rate 7%
$15,313,714
$15.3M
Cap Rate 9%
$11,910,667
$11.9M
Market Conditions
NOI Build-Up for 115,488 SF
Gross rent
$1.73M $15.00/SF
− Vacancy
−$200.9K −$1.74/SF
EGI
$1.53M $13.26/SF
− OpEx
−$459.4K −$3.98/SF
NOI
$1.07M $9.28/SF
Area
Washtenaw County, MI
Vacancy
11.60%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$21,439,200
Cap Rate 7%
$15,313,714
Cap Rate 9%
$11,910,667
Alternative Uses
Best Use
Office B
$25.45M
$22.27M – $29.69M
NOI $1,781,518 @ 7.0% cap
Second Best
Industrial
$15.31M
$13.40M – $17.87M
NOI $1,071,960 @ 7.0% cap
Theoretical Best
Office A
$33.93M
$29.69M – $39.59M
NOI $2,375,357 @ 7.0% cap
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
188
Businesses Nearby
Explore this area
Business Placement
Demographics for 48158, MI
7,362
Population
3,348
Households
2.2
Avg Household Size
49
Median Age
38%
College-Educated
97%
High-School Grad
95.1 sq mi
ZIP Area
77
Density / Sq Mi
$97,692
Median Household Income
$56,926
Median Earnings
$900
Median Rent
$298,100
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in Midwest region
Frequently Asked Questions
What type of property is this?
Manufacturing property - 115,488 SF manufacturing building with office space for sale.
Where is this manufacturing property located?
The property is located at 715 E Duncan Manchester, MI.
What are key features of this property?
This property features: 115,488 sf single‑story building with 13,054 sf of air‑conditioned office space.; Very affordable gross rent rates.; Two large surface parking lots totaling 1.5 acres.
