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    OFF-MARKET
    Industrial properties

    203 Adrian St, Blissfield, MI 49228-1301

    6,460 SF 0.52 ac lot Built 1989
    Entity Owned Free & Clear
    Property ID
    US43-1297597
    Property summary
    AI-generated overview

    This exceptional 21,670-square-foot industrial property, located at 203 E Adrian St, Blissfield, MI 49228, presents a unique investment opportunity. Originally constructed in 1920 and significantly renovated in 1986, this vacant building boasts a rich history as a former coal plant and, more recently, housed a leading manufacturer of precision equipment. The property sits on an 18,437-square-foot lot and features two stories, two loading docks with two dock-high doors, and a substantial 20-foot ceiling height. The spacious layout offers ample room for various industrial or manufacturing uses, warehousing, or distribution. Its C-3 zoning allows for diverse operational possibilities. The property benefits from convenient access to major transportation routes and includes rail access, adding significant logistical advantages. The building is equipped with a steel roof, ample parking, several cranes, and three-phase 220 and 440-volt power. The asking price is $595,000, translating to $27.46 per square foot. This property's combination of size, location, and features makes it an ideal choice for a wide range of industrial businesses seeking a well-established and versatile space. The APN is BL2-620-0310-00 & BL2-620-0320-00.

    Property profile
    Verified
    Property type Industrial properties
    Use group INDUSTRIAL (GENERAL)
    Year built 1989
    Total area 6,460 SF
    Lot 0.52 ac (22,564 SF)
    Zoning code C-3
    APN BL2-620-0310-00
    UPID US43-1297597
    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
    AI Approach AI
    by Request
    CAP Approach CAP
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    Blend (final) Blend
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    Owner & transaction history
    CANTRELL, CLARA SUE, TRUST
    CANTRELL, CLARA SUE, TRUST
    Zoning & alternative use
    C-3 · Blissfield, MI
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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