Entity Owned Property summary
This exceptional 62,392-square-foot industrial building, situated on a 3.84-acre lot in the Niles Industrial Park, presents a unique sublease opportunity. Built in 1972, this single-story structure boasts a versatile layout ideal for manufacturing operations. The property features 7,977 square feet of office space, complementing the expansive warehouse area. High ceilings ranging from 12 to 22 feet provide ample vertical space. Loading and unloading are efficient with three dock-high doors and three drive-in doors. The building is equipped with robust power (2000A/480V/3Ph) with buss duct throughout, ensuring sufficient capacity for demanding operations. Additional features include an automatic standby generator, air rotation, gas unit heat, and compressed air plumbing throughout. Municipal utilities are readily available. The location offers excellent accessibility, being within two miles of US-12 and three miles of M-60, providing convenient access to major transportation routes. The property is zoned Ind-Industrial (APN: 71-5360-0004-02-8, Berrien County). This is a sublease only.
Property profile
VerifiedCap rate & NOI
Current use
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Metal Fabrication Plant Factory
Location
Value estimations
Owner & transaction history
Zoning & alternative use
IND Industrial OS Open Space MHP Mobile Home Park WHP Wellhead Protection Overlay 4-2 CITY OF NILES - Zoning Ordinance ZONING DISTRICTS , LAND USE AND ZONING MAP E. In the event the Official Zoning Map becomes damaged, d…
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
IND · Niles, MIIND Industrial OS Open Space MHP Mobile Home Park WHP Wellhead Protection Overlay 4-2 CITY OF NILES - Zoning Ordinance ZONING DISTRICTS , LAND USE AND ZONING MAP E. In the event the Official Zoning Map becomes damaged, d…
Zoning
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Zoning designation
Official district profile
IND Industrial OS Open Space MHP Mobile Home Park WHP Wellhead Protection Overlay 4-2 CITY OF NILES - Zoning Ordinance ZONING DISTRICTS , LAND USE AND ZONING MAP E. In the event the Official Zoning Map becomes damaged, d…
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