223 N 30th Street

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223 N 30th Street

Springfield, MI 49037
Asking Price
Contact for price
Asset Type
Warehouse Industrial
Class
Class B

AI Property Summary

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

  • The warehouse property encompasses 6,960 square feet of total space.
  • Located at 223 N 30th Street in Springfield, Michigan.
  • The industrial facility is currently available for purchase.
  • This asset serves as a functional space for logistics businesses.
  • The building is situated within an established regional industrial market.

What's Special

Industrial operations requiring flexible warehouse space will find a practical solution at 223 N 30th Street in Springfield, Michigan. Spanning 6,960 square feet, this facility is designed to support a variety of logistics, storage, or light manufacturing needs. The property sits within a well-connected region of the state, benefiting from the broader infrastructure that characterizes this industrial corridor in the Midwest. Its layout provides straightforward utility for business owners or investors seeking a functional asset in an established market area. Given the site configuration and size, prospective users can effectively adapt the interior to accommodate specific equipment or inventory requirements common to mid-sized industrial businesses. The building serves as a versatile anchor for companies looking to establish or expand their footprint within the Springfield submarket, balancing accessibility with professional utility for daily operations.

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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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