Listed by Callander Commercial
$160,000
303 Union Street
Details
APN 05129900400
Property Type Industrial
Sub Type Warehouse
Square Footage 6,887
Units 2
Cap Rate 11.25%
NOI $18,000
Tenancy Multi
Price per SqFt $23
Buildings 1
Stories 2
Acreage 0.580
Zoning Industrial
Investment Type Net Lease
Industrial | 11.25% CAP | 6,887 SqFt
Marketing description
For sale: 303 Union Street, Three Rivers, MI — $160,000. This 6,887 SF industrial building offers a solid investment opportunity with two stable tenants and an approximate NOI of $18,000, delivering a strong return. Conveniently located near major routes, this well-maintained property provides versatile industrial space and dependable income. Ideal for investors seeking steady cash flow and growth potential in a thriving Michigan market. Please contact Derek Wissner or David Keyte at 269-349-1000 for more information.
Investment highlights
- Hard to find Small Industrial Investment property
- 6,887 SF industrial building
- Two stable tenants
- Approximate NOI of $18,000
- Conveniently located near major routes
- Well-maintained property
- Versatile industrial space and dependable income
Listing Contacts
Listed by Callander Commercial
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$18,000.00
$1,500.00/mo
Valuation Metrics
0
DSCR
11.25%
Cap Rate
11.25%
ROI
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