408 Congress St Sturgis, MI 49091
This exceptional industrial property, located at 408 West Congress Street in Sturgis, Michigan, presents a compelling investment opportunity. The property encompasses approximately two acres of land, featuring a substantial 8,000-square-foot grade-level grain building or pull barn, ideal for various manufacturing or industrial uses. The site boasts convenient ingress and egress from West Congress Street and Wenzel Avenue, ensuring easy accessibility for both employees and transportation of goods. Its strategic location offers close proximity to Sturgis' city center, providing a convenient setting for business operations. The property is zoned for manufacturing/industrial use, aligning perfectly with its existing structure and potential future development. Furthermore, the site possesses the potential for rail service, adding significant logistical advantages. The asking price for this remarkable property is $49,500, making it an attractive proposition for investors seeking a well-situated industrial asset in a thriving Michigan community. The land itself is a mix of concrete and grass areas. The property's zoning in Saint Joseph County, MI, zip code 49091, ensures its suitability for a range of industrial applications. This is a rare opportunity to acquire a versatile and strategically located industrial property at an attractive price point.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
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.