156 10th St, Plainwell, MI 49080-9746

This exceptional industrial warehouse, located at 156 10th St, Plainwell, MI 49080, presents a compelling investment opportunity. The property boasts 14,221 square feet of space on a 1.34-acre lot, offering ample room for various industrial operations. Built in 1965 and renovated in 2008, the warehouse is zoned C-2, providing flexibility for a range of permitted uses. The asking price is $550,000, translating to a price per square foot of $38.68. The property features a single tenancy with a net-net lease in place for a 5-year term commencing April 1, 2024, and expiring March 31, 2029, leaving approximately 4.4 years remaining on the lease. The property's strategic location offers easy access to Highway 131, approximately 5 minutes away, enhancing its logistical advantages. The property's parcel numbers are 08-032-012-00 and 08-032-011-10. While the warehouse does not have dock-high doors, its substantial size and prime location make it an attractive proposition for businesses seeking a well-maintained industrial space in Allegan County, Michigan. This is a rare opportunity to acquire a well-positioned industrial asset with a strong lease in place.