309 N Prospect Street

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309 N Prospect Street

Sturgis, MI 49091
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 located in Sturgis, Michigan
  • Total building footprint measures 33,000 square feet
  • Asset type suitable for manufacturing or distribution use
  • Property situated at 309 N Prospect Street
  • Strategic location within the Southwest Michigan industrial corridor

What's Special

This industrial warehouse located at 309 N Prospect Street in Sturgis, Michigan, is available for sale. Spanning 33,000 square feet, the facility provides substantial floor area suitable for manufacturing operations, logistics distribution, or long-term storage requirements. Sturgis maintains a long-standing manufacturing presence in Southwest Michigan, benefiting from regional transportation connectivity and a dedicated local workforce. Investors and business owners seeking to expand their footprint within this industrial corridor will find a functional property that accommodates a variety of heavy-duty commercial applications. The warehouse structure offers the clear-span capabilities and operational space necessary for modern light industrial workflows. Its position within the Sturgis submarket ensures proximity to primary transport routes serving the greater regional economy. This acquisition represents a practical addition to an industrial real estate portfolio or an effective primary location for a growing regional business operation.

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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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