Property profile

375 Woodward Ave Kingsford, MI 49802

OFF-MARKET
Commercial real estate
Property ID
US43-3336319
6,000 SF 0.26 ac lot Built 1957
Individually Owned Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional 12,000 square foot industrial building presents a remarkable investment opportunity in Kingsford, Michigan. Strategically located on Woodward Avenue, this property boasts high visibility and significant traffic counts, ensuring maximum exposure for any business. The building itself offers a spacious 6,000 square foot main floor, perfectly suited for retail operations. Large display windows at the front provide excellent storefront appeal, while the rear features dedicated office space, restrooms, and ample storage. A full 6,000 square foot basement provides additional space for various uses, expanding the potential of this already impressive property. Convenient street parking is readily available, complemented by a large adjacent asphalt parking lot, ensuring ample space for customers and employees. This well-established building has served as a community landmark for over 60 years, offering a rich history and proven track record. The 0.26-acre lot provides ample space for expansion or outdoor activities. The asking price is $119,900. This property's versatility and prime location make it an ideal investment for a wide range of businesses seeking a prominent presence in a thriving community. Don't miss this chance to own a piece of Kingsford's history and secure a bright future for your business.

Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1957
Total area 6,000 SF
Lot 0.26 ac (11,326 SF)
APN 052-121-002-00
UPID US43-3336319

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

375 Woodward Ave Kingsford, MI 49802-4628
Kingsford metro Census 950600 IRON MOUNTAIN, MI-WI MICROPOLITAN STATISTICAL AREA
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Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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