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Property profile & analytics
OFF-MARKET
Industrial properties

200 Lead St Bessemer, MI 49911

19,716 SF 0.73 ac lot Built 1900
Property ID
US43-3723708
Property summary
AI-generated overview

This exceptional 19,716 square foot industrial building, situated on a 0.73-acre lot at 200 E Lead in Bessemer, MI, presents a unique investment opportunity. The property boasts three solid floors, each exceeding 6,000 square feet, plus two mezzanine levels, offering unparalleled versatility. Multiple entrances cater to various businesses operating within the same building. The main floor's front features expansive windows providing excellent visibility from the main street and highway, ideal for retail or restaurant use. This area also includes office spaces and restrooms. A large garage door on the northwest side of the main floor leads to an area with extremely high ceilings and access to a loft storage area and two smaller rooms suitable for various uses, such as paint booths or additional storage. The east side offers garage door access to a freight elevator servicing all three floors. An additional entrance leads to a large space with more storage, a small kitchen, and a bathroom. The basement and third floor are adaptable to a wide range of uses, including, but not limited to, entertainment venues like a laser tag arena, rock climbing gym, or an inflatable play center. The third floor's industrial-chic aesthetic also lends itself perfectly to an event center. This property's adaptability, combined with its prime location and substantial size, offers significant potential for a variety of commercial ventures, providing both financial returns and community benefits. The asking price is $449,000.

Property profile
Verified
Property type Industrial properties
Year built 1900
Total area 19,716 SF
Lot 0.73 ac (31,799 SF)
UPID US43-3723708
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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