Property profile

205 Us-131 Three Rivers, MI 49093

OFF-MARKET
Industrial properties
77,726 SF 3.6 ac lot Built 1985
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Property summary

AI-generated overview

This single-tenant industrial property, located at 205 S. US-131 in Three Rivers, Michigan, offers 77,726 square feet of manufacturing space. Built in 1985, the one-story building sits on a 3.6-acre lot and is zoned I-1. Features include two loading docks and two dock-high doors, providing efficient loading and unloading capabilities. The building boasts 16-foot ceiling heights, heavy power, and three cranes, ideal for various manufacturing operations. Recent renovations include new lighting and paint throughout. The existing office space is ready for customization by a new tenant, and the owner is open to leasing the office separately from the warehouse. The warehouse will be available for occupancy on June 1st, while the office space will be ready upon completion of ongoing improvements. The property's prominent frontage on US-131 offers excellent visibility and accessibility. The property's APN is 051-399-066-02, and it's situated in St. Joseph County, Michigan, with a zip code of 49093.

Property profile

Verified
Property type Industrial properties
Year built 1985
Total area 77,726 SF
Lot 3.6 ac (156,816 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

205 Us-131 Three Rivers, MI 49093
Three Rivers metro
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Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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