Property summary
This exceptional 332,750-square-foot Class B industrial distribution center, built in 2003, is available for sale or lease in Saint Johns, Michigan. The single-story facility sits on a generous 27.53-acre lot and offers significant expansion potential of up to 135,880 square feet. The building boasts 107,070 square feet of temperature-controlled space and 225,680 square feet of dry storage, making it ideal for a variety of uses. Features include 40 loading docks (38 levelers & locks for dry goods, 2 plus 2 levelers & locks for refrigerated goods), three grade-level doors, and ample trailer parking for 77 spaces (plus 62 dock positions). The building has a 37-foot ceiling height and a 300 AMP, 480 V main service. Its strategic location along US-127 provides easy access to major transportation routes, with Lansing approximately 35 minutes away, Grand Rapids within 1 hour and 20 minutes, and Detroit within 1 hour and 40 minutes. The property is zoned for industrial use and is offered fee simple. This property presents a rare opportunity to acquire a well-maintained, expansive distribution center priced below replacement cost.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
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from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2022Property description
Physical attributes from public recordsZoning & alternative use
I-1 · Saint Johns, MIZoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
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