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Historic Lamb Knit Goods Building 161 South st 16,857 SF Industrial Building Colon, MI 49040 $149,000 ($8.84/SF)
Investment Highlights
- Accessible to local businesses, residents, and visitors.
- Located within the Village of Colon's established business district.
- Opportunity for owner-user or investment ownership.
Executive Summary
Rare opportunity to acquire one of the most recognizable historic structures in Colon, Michigan. The historic Lamb Knit Goods building is a substantial former industrial/commercial property located on approximately 1.49 acres in the Village of Colon, with prominent frontage and visibility near South Street, Elm Street and Maple Street. Water view from the second story of part of the building.
Originally associated with the Colon Seminary and later converted into the Lamb Knit Goods Company factory, this landmark brick structure has long been part of Colon’s identity. The property was later known for Woodcrafters Furniture and remains widely recognized by its historic exterior signage and distinctive architectural presence.
The property is being offered as an as-is redevelopment opportunity for a purchaser with the vision, experience and capacity to preserve, reposition or adaptively reuse a major historic commercial structure in one of Southwest Michigan’s most unique destination communities.
Originally associated with the Colon Seminary and later converted into the Lamb Knit Goods Company factory, this landmark brick structure has long been part of Colon’s identity. The property was later known for Woodcrafters Furniture and remains widely recognized by its historic exterior signage and distinctive architectural presence.
The property is being offered as an as-is redevelopment opportunity for a purchaser with the vision, experience and capacity to preserve, reposition or adaptively reuse a major historic commercial structure in one of Southwest Michigan’s most unique destination communities.
Property Facts
| Price | $149,000 | Lot Size | 1.00 AC |
| Price Per SF | $8.84 | Rentable Building Area | 16,857 SF |
| Sale Type | Investment | No. Stories | 3 |
| Property Type | Industrial | Year Built | 1863 |
| Property Subtype | Manufacturing | Tenancy | Single |
| Building Class | C | ||
| Zoning | R-1 - Light Industrial | ||
| Price | $149,000 |
| Price Per SF | $8.84 |
| Sale Type | Investment |
| Property Type | Industrial |
| Property Subtype | Manufacturing |
| Building Class | C |
| Lot Size | 1.00 AC |
| Rentable Building Area | 16,857 SF |
| No. Stories | 3 |
| Year Built | 1863 |
| Tenancy | Single |
| Zoning | R-1 - Light Industrial |
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Somewhat walkable
30/100
Exceptionally drivable
100/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 041-777-080-01 | Improvements Assessment | $30,800 |
| Land Assessment | $16,700 | Total Assessment | $47,500 |
Property Taxes
Parcel Number
041-777-080-01
Land Assessment
$16,700
Improvements Assessment
$30,800
Total Assessment
$47,500
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Videos
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Photos
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Street
Map
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Contact the Sale Advisor
Historic Lamb Knit Goods Building | 161 South st