245 Mechanic Street

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245 Mechanic Street

Hillsdale, MI 49242
Asking Price
Contact for price
Asset Type
Warehouse Industrial
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Industrial warehouse property spanning 36,000 square feet.
  • Located in the city of Hillsdale, Michigan.
  • Suitable for manufacturing, distribution, or logistics purposes.
  • Situated within an established regional industrial corridor.
  • Functional layout designed for diverse business operations.

What's Special

This 36,000 square foot industrial warehouse in Hillsdale, Michigan, serves as a functional asset for logistics, manufacturing, or distribution operations. The property is situated within a regional market known for its manufacturing legacy and access to Midwestern transportation corridors. Its expansive interior layout provides the necessary floor space to accommodate large-scale inventory management or specialized machinery installation, catering to tenants or owners requiring a reliable physical footprint for their business activities. The structure benefits from the stable economic character of Hillsdale County, which has long supported a variety of industrial and commercial enterprises. Investors and business owners seeking to establish or expand their presence in this region will find the property positioned to support consistent operational workflows. Its scale and configuration make it an appropriate choice for organizations needing to streamline supply chain logistics or house production facilities in a well-established submarket.

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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547

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