For Sale
$2,999,995

5575 Riverview Dr Kalamazoo, MI 49004

150,700 SF Warehouse, Manufacturing Opportunity

Overview

Added:
Dec 11, 2024
Days on market:
138
This exceptional industrial property, located at 5575 N Riverview Dr, Kalamazoo, MI 49004, presents a unique investment opportunity. The 23.54-acre site encompasses five buildings totaling 150,700 square feet, zoned I-3. This former manufacturing facility offers a strategic location, providing easy access to major transportation routes and proximity to downtown Kalamazoo, Grand Rapids, Chicago, and Detroit. The property features five loading docks and six dock-high doors, ideal for efficient warehousing and manufacturing operations. While priced significantly below market value, the property is being sold as-is and will require capital investment to address roof and shell maintenance. Despite this, the overall project cost remains competitive compared to similar market alternatives. This presents a compelling opportunity for owner-occupants or speculative developers seeking a substantial industrial space in a prime location. The property's size, location, and price point make it an attractive investment for those seeking a significant return on investment. The substantial square footage and multiple buildings offer flexibility for various industrial uses. This is a rare chance to acquire a large-scale industrial property in a thriving Michigan market at a below-market price.

Highlights

  • Owner-occupant or speculative developer opportunity.
  • 150,700 SF industrial building.
  • Excellent location with easy access to major transportation routes and proximity to major cities.
  • As-is condition; requires capital improvements.
  • Priced significantly below market value.

Property Details for 5575 Riverview Dr

Property type
Warehouses, Industrial properties
Square Feet
150,700 SF
Buildings
5
Lot Size (sq. ft)
1,025,402 SF

Location Insight

City
Kalamazoo
County
Kalamazoo
State
Michigan
Latitude
42.3428891
Longitude
-85.5603112

FAQs

What type of property is this?
Warehouse - 150,700 SF Warehouse, Manufacturing Opportunity
Where is the warehouse located?
The property is located at 5575 Riverview Dr Kalamazoo, MI.
What is the asking price?
The asking price for this property is $2,999,995.
What are key features of this property?
This property features: Owner-occupant or speculative developer opportunity.; 150,700 SF industrial building.; Excellent location with easy access to major transportation routes and proximity to major cities.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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5575 Riverview Dr
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