100 Aylworth AveSouth Haven, MI 49090

Property Details for 100 Aylworth Ave

Year built

1960

Lot size

2.96 AC

Property size (Sq ft)

30,148 SF

Zone code

I-1

Property type

Manufacturing properties

APN

80-53-061-009-03

APU

805306100903

Description

This exceptional industrial property, located at 100 Aylworth Ave, South Haven, MI 49090, offers 31,050 square feet of flexible space, perfect for manufacturing, warehousing, or distribution. The single-story building, constructed in 1955 and renovated in 2000, sits on a 2.96-acre lot with convenient access to Kalamazoo St. The property features a 12-16 foot ceiling height, one loading dock, one dock-high door, and two drive-in doors, providing ample loading and unloading capabilities. With 30 total parking spaces, employee and visitor parking is well accommodated. The property is zoned I-1 (Light Industrial), allowing for a variety of uses. The minimum divisible space is 1,200 square feet, while a maximum of 31,275 contiguous square feet is available. Currently, the entire 31,275 square feet is vacant. The property boasts a 299-foot frontage and benefits from 3-phase, 277/440v, 600-amp power. Taxes are $0.49 per square foot. This prime location is less than a quarter-mile from Lake Michigan's shoreline, offering a desirable setting within an hour of Grand Rapids and two hours from Chicago. The property's seven suites provide options for multiple tenants. This is a rare opportunity to acquire a substantial industrial property in a highly sought-after location. The property's features and zoning make it suitable for a wide range of businesses. The APN is 80-53-061-009-03.

• CAP approach

  CAP return

  Valuation

  6%

  $9,708,820

  6.5%

  $8,961,990

  7%

  $8,321,850

• Comparable approach

  Method

  Valuation

  Relative Method

  $6,282,840

  Geo Method

  $6,282,840

• Alternative Use

  Use

  Valuation

  Retail / Commercial

  $4,401,380

  Mixed-Use / Specialty

  $4,232,580

  Hospitality / Lodging

  $2,905,980

  Office

  $4,047,970

  Institutional / Educational

  $4,345,460

  Residential Income

  $5,084,190

  Multifamily

  $6,946,480

  Automotive / Energy

  $3,724,680

  Parking / Income-Based Land

  $1,436,600

  Restaurant / Food Service

  $1,874,650

  Healthcare / Senior Housing

  $4,497,440

Location Insight

City

South Haven

County

Van Buren

State

Michigan

Latitude

42.3881

Longitude

-86.2815

CBSA code

28020

CBSA name

KALAMAZOO-PORTAGE, MI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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