940 Greenwood
Industrial | 7,821 SqFt
Marketing description
Exceptional owner-user or investment opportunity featuring a versatile 7,821 SF industrial warehouse situated on a generously sized site with two fenced areas on three additional lots offering valuable yard storage, truck parking, equipment staging, or future development potential. The existing building is currently configured into three separate suites, providing flexibility for multiple tenants, phased occupancy, or operational divisions. For users seeking a larger footprint, the building can be readily consolidated into a single facility to accommodate a variety of manufacturing, distribution, warehouse, contractor, or service-related uses. This property presents a rare combination of functional industrial improvements and excess land, allowing businesses room to expand while maintaining secure outdoor storage capabilities. The fenced lots provide immediate utility and long-term upside for future building expansion, additional income generation, or redevelopment opportunities. Ideal for an owner-user looking to establish or grow operations, the seller is also willing to lease back approximately one-third of the building, creating an opportunity for immediate rental income while occupying the remaining space. This flexible occupancy structure can help offset ownership costs and provide a smooth transition for a new buyer. Properties offering a blend of warehouse space, secure yard area, and future development potential are increasingly difficult to find. Whether for owner occupancy, investment, or a combination of both, this asset delivers flexibility, functionality, and long-term value.
Investment highlights
- Zoned M1, the property permits a wide array of industrial uses including manufacturing, warehousing, distribution, assembly, and outdoor storage.
- The building was constructed in 1973, and added onto in 1975. It features generous office to warehouse ratio, dock high door, multiple grade level bays with 14' doors, and large fenced yards.
- Grade-level dock door and drive-in access points provide the loading flexibility required by modern distribution, manufacturing, and logistics tenants.
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