207, Hawthorne, St. Joseph, MI, 49085
- 4 baths
Basics
- Date added: Added 3 weeks ago
- Category: Commercial Sale
- Type: Industrial
- Status: Active
- Bathrooms: 4
- Lot size: 2.24 sq ft
- Year built: 1985
- Bathrooms Full: 4
- Lot Size Acres: 2.24 acres
- Business Type: Professional/Office, Distribution, Storage, Recreation
- County: Berrien
- MLS ID: 25030263
Description
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Description:
The building is currently 85% occupied, with leases rolling over soon. Current rents are under market, giving a new owner the opportunity to push rents or re-tenant the space at stronger terms. The remaining vacancy also provides flexibility for an owner-user or a value-add investor looking to stabilize and improve cash flow.
Location & Demographics:
Positioned in the Benton Harbor-St. Joseph MSA, the site offers easy access to I-94, US-31, and Red Arrow Highway. The area has a strong industrial base, supported by major employers like Whirlpool's global HQ and Lakeland Hospital. The surrounding population has higher-than-average household incomes and a reliable workforce, making this location well-suited for a range of industrial or service-based businesses.This is a rare chance to own a quality asset with upside potential and long-term value in a tight industrial market.
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Location
- Directions: Take Cleveland Ave or Red Arrow Highway to Hawthorne Ave.
Building Details
- Building Area Total: 20748 sq ft
- Number Of Units Total: 1
- Construction Materials: Metal Siding
- Heating: Forced Air
- StoriesTotal: 2
- Building Features: Expandable, Outdoor Storage
- Roof: Composition
- Foundation Details: Block
- Number Of Buildings: 1
Amenities & Features
- Parking Total: 28
- Inclusions: Non-Applicable
- Utilities: Phone Available, Natural Gas Available, Electricity Available, Phone Connected, Natural Gas Connected, Electricity Connected
Fees & Taxes
- Tax Assessed Value: $216,600
- Tax Year: 2024
- Tax Annual Amount: $11,131
- Maintenance Expense: $4,024.92
- Operating Expense: $32,000
School Information
- High School District: St. Joseph
Miscellaneous
- Road Surface Type: Paved
- CrossStreet: S Cleveland Ave.
- Listing Terms: Conventional, Cash