4820 River St, Columbiaville, MI 48421
For Sale
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Exceptional investment opportunity: A 36,000-square-foot warehouse situated on a 2.02-acre waterfront lot in Columbiaville, Michigan. This single-tenant industrial property boasts 16' to 20' clear ceiling heights, ideal for various storage and manufacturing needs. The building features three 12' x 14' dock-high doors, ensuring efficient loading and unloading. Power is robust, with 220-volt, 1000-amp service and 300 feet of bus duct. The property enjoys 880 feet of frontage on River Street and over 900 feet of waterfront access on the Holloway Reservoir. Ample parking is available with capacity for over 100 vehicles. City water and sewer utilities are connected. The property is zoned for commercial use and was built in 1970. This prime location offers significant potential for a variety of businesses seeking a spacious, well-equipped warehouse with exceptional waterfront access. The asking price is $1,080,000, translating to $30 per square foot. This represents a compelling value for a property of this size, location, and features.
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
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.