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Value-Add Investment Property in Coldwater 500 Marshall St 11,958 SF 100% Leased Retail Building Coldwater, MI 49036 $899,000 ($75.18/SF)
Investment Highlights
- 100% occupied three-tenant retail investment
- 11,958 SF neighborhood shopping center on 1.38 acres
- Approximately 15,982 vehicles per day
- Anchored by Family Dollar with Hungry Howie's Pizza and a dental lab
- Signalized corner at Marshall St. (Old US-27) & State St.
- Adjacent land included for potential development
Executive Summary
Fairfield Plaza–North is an 11,958 SF neighborhood retail center anchored by
Family Dollar and fully occupied by three established tenants. Located at the
signalized intersection of Marshall Street (Old US-27) and State Street, the
property offers stable in-place income with future value-add potential through
the adjacent development area. Positioned within Coldwater's primary retail
corridor, the center benefits from convenient access, strong traffic counts, and
proximity to national retailers and everyday consumer services.
Family Dollar and fully occupied by three established tenants. Located at the
signalized intersection of Marshall Street (Old US-27) and State Street, the
property offers stable in-place income with future value-add potential through
the adjacent development area. Positioned within Coldwater's primary retail
corridor, the center benefits from convenient access, strong traffic counts, and
proximity to national retailers and everyday consumer services.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
11,958 SF
Building Class
C
Year Built
2000
Price
$899,000
Price Per SF
$75.18
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.20
Lot Size
1.36 AC
Zoning
201 - Commercial - 201 - Commercial
Parking
25 Spaces (2.09 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Signage
- Signalized Intersection
Fairly walkable
40/100
Exceptionally drivable
90/100
Moderately bikeable
60/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 302-000-000-003-00 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $909,650 |
Property Taxes
Parcel Number
302-000-000-003-00
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$909,650
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