Flex Space with Overhead
9167 1st Street, Baroda, MI 49101
For Sale
$439,000
Commercial Sale, Baroda, MI
Property Size6,250 SF
Lot Size0.30 Acres
Price / SF$61.83
Days on Market244
Property Features for 9167 1st Street
General Information
Property type
Property subtype
Zoning description
Bathrooms
Full bathrooms
Rooms
Parking
Elementary school district
Middle school district
High school district
Directions
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
Number of units
Building materials
Roof type
Buildings
Listing Agency:
Coldwell Banker Realty · Coldwell Banker Real Estate
(269) 469-3950
Listed By:
Mara Walsh
(773) 220-9062
Added: Mar 12
Changed: Nov 10
Last Checked: Nov 10 at 11:06AM
MLS# 26009501
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.
This flex property offers approximately 6,250 square feet of industrial space with 20-foot ceilings, 6-inch concrete floors, and insulation suited to year-round use. The building is equipped with 3-phase, 600-amp electrical service, updated HVAC, and automatic exhaust fans. Two 12' x 14' overhead doors support loading and equipment access. Office areas are positioned on both the main and upper levels, with bathrooms on each floor; the upper-level bathroom includes a shower.
The property sits on a 0.3-acre lot with a fully paved surface that provides access, maneuvering room, and parking. Its Baroda location is near I-94 and the US-31 Bypass along the Southwest Michigan Wine Trail. The building was constructed in 1993 and features metal siding and a metal roof.
The property sits on a 0.3-acre lot with a fully paved surface that provides access, maneuvering room, and parking. Its Baroda location is near I-94 and the US-31 Bypass along the Southwest Michigan Wine Trail. The building was constructed in 1993 and features metal siding and a metal roof.
Key Highlights
- Approximately 6,250 sq. ft. of industrial flex space with 20‑foot ceilings
- 3‑phase, 600‑amp electrical service with 6‑inch concrete floors
- Two 12' x 14' overhead doors for equipment and loading access
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$38,517
Cap Rate
8.77%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$770,340
$770.3K
Cap Rate 7%
$550,243
$550.2K
Cap Rate 9%
$427,967
$428.0K
Market Conditions
NOI Build-Up for 7,100 SF
Gross rent
$49.4K $6.96/SF
− Vacancy
−$4.1K −$0.58/SF
EGI
$45.3K $6.38/SF
− OpEx
−$6.8K −$0.96/SF
NOI
$38.5K $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%
$770,340
Cap Rate 7%
$550,243
Cap Rate 9%
$427,967
Alternative Uses
Best Use
Warehouse
$550.2K
$481.5K – $642.0K
NOI $38,517 @ 7.0% cap · market cap 8.77%
Second Best
Flex RnD
$507.8K
$444.4K – $592.5K
NOI $35,548 @ 7.0% cap · market cap 8.10%
Theoretical Best
Office A
$1.49M
$1.31M – $1.74M
NOI $104,582 @ 7.0% cap · market cap 23.82%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
20 ft
Clear height
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
120
Businesses Nearby
Balanced
Demand for This Use
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Business Placement
Demographics for 49101, MI
3,132
Population
1,343
Households
2.3
Avg Household Size
44
Median Age
26%
College-Educated
93%
High-School Grad
20.6 sq mi
ZIP Area
152
Density / Sq Mi
$70,167
Median Household Income
$48,707
Median Earnings
$1,040
Median Rent
$225,500
Median Home Value
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Market
Average Price Trend$/SF for Flex space in Berrien County, MI
Properties on Market for Flex space in Berrien County
Vacancy Rate% for Industrial in Midwest region
Frequently Asked Questions
What type of property is this?
Flex space - Versatile facility with two office levels, bathrooms, updated HVAC, and a paved lot for access and maneuvering.
Where is this flex space located?
The property is located at 9167 1st Street Baroda, MI.
What is the asking price?
The asking price for this property is $439,000.
What are key features of this property?
This property features: Approximately 6,250 sq. ft. of industrial flex space with 20‑foot ceilings; 3‑phase, 600‑amp electrical service with 6‑inch concrete floors; Two 12' x 14' overhead doors for equipment and loading access
