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5575 N Riverview Dr

150,700 SF Industrial Building Parchment, MI 49004 $2,999,995 ($20/SF)

Executive Summary

Cushman & Wakefield and Callander Commercial have been exclusively retained by ownership as its exclusive advisor in the sale of 5575 N Riverview, Kalamazoo. This unique offering is unlike anything currently available in the Southwest Michigan market. Consisting of approximately 150,700 square feet in total, of which approximately 2,900 square feet is office space, the site also sits on approximately 23.54 acres of land. The site is located in Kalamazoo County, strategically positioned near Downtown Kalamazoo in close proximity to the new US-131 Business Interchange, providing easy access to an important artery connecting Kalamazoo and Grand Rapids, as well as Interstate 94, which serves as the primary expressway between Chicago and Detroit. The currently zoning, I-3, allows any operator the flexibility to utilize the subject property for most classes of manufacturing, as well as traditional warehousing and storage. The Property
is being offered on an ‘as-is, where-is’ basis. The prospective purchaser will be selected by the Owner in consultation with C&W on the basis of (i) price (ii) track record of successful closing (iii) financial strength, and (iv) level of discretion to invest funds. Initial bids must be submitted to the attention of Lou Hall, Dan Wilkins, Jason Webb, and Matthew Callander. The Owner reserves the right to accept an offer prior to this date or to remove the Property from the market at any time.

Attachments

OM
Brochure

Property Facts

Price $2,999,995
Price Per SF $20
Sale Type Investment
Property Type Industrial
Property Subtype
Warehouse
  • Industrial Manufacturing
Building Class B
Lot Size 12.60 AC
Rentable Building Area 150,700 SF
No. Stories 1
Year Built 1953
Tenancy Single
No. Dock-High Doors/Loading 5
No. Drive In / Grade-Level Doors 6

Amenities

  • Air Conditioning

Utilities

  • Water
  • Sewer

Space Availability

  • Space
  • Size
  • Space Use
  • Condition
  • Available
  • 1st Floor
  • 150,700 SF
  • Industrial
  • Full Build-Out
  • 30 Days

This industrial property at 5575 N Riverview Dr in Kalamazoo, MI offers a versatile space ideal for manufacturing, warehousing, or distribution use.

Space Size Space Use Condition Available
1st Floor 150,700 SF Industrial Full Build-Out 30 Days

1st Floor

Size
150,700 SF
Space Use
Industrial
Condition
Full Build-Out
Available
30 Days

1st Floor

Size 150,700 SF
Space Use Industrial
Condition Full Build-Out
Available 30 Days

This industrial property at 5575 N Riverview Dr in Kalamazoo, MI offers a versatile space ideal for manufacturing, warehousing, or distribution use.

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 02-35-176-020
  • 02-35-176-010
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$1,953,000

zoning

Zoning Code I3 (Industrial)
I3 (Industrial)
  • Listing ID: 32442178

  • Date on Market: 7/12/2024

  • Last Updated:

  • Address: 5575 N Riverview Dr, Parchment, MI 49004

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