200 Lead St Bessemer, MI 49911
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.