588 Riverside Dr, Coldwater, MI 49036-1881
This exceptional Coldwater, MI business opportunity encompasses a substantial 7,810 square foot building situated on a sprawling 12.63-acre lot. The property presents a wealth of possibilities for diverse commercial ventures. The building itself features a dedicated office space, ensuring efficient administration. Heating is provided by a reliable natural gas furnace, and the property boasts a well providing running water. Plumbing is roughed-in for a bathroom, connecting to an existing septic system. High-speed internet access is readily available, enhancing operational capabilities. Three overhead doors and a convenient loading dock facilitate seamless loading and unloading of goods. Concrete pads are strategically located at both ends of the building, providing ample space for maneuvering and storage. Cable service is accessible directly from the road, offering additional connectivity options. A city-maintained fire hydrant is conveniently located nearby. Beyond the building, the expansive acreage includes a mix of wooded areas, open fields, and abundant wildlife, creating a tranquil and picturesque setting. The property enjoys the added benefit of bordering Rotary Park, offering recreational access and enhancing its overall appeal. This unique combination of building space, land area, and park proximity presents a rare opportunity for a wide range of commercial uses.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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.