This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
422-520 Marshall St
Coldwater, MI 49036
Fairfield Plaza · Retail Property For Sale
Property Facts
About 422-520 MARSHALL ST , COLDWATER, MI 49036
NAI Farbman and NAI Wisinski of West Michigan have been retained as the Exclusive Sales Agents to sell the Fairfield Plaza in Coldwater, Michigan, the seat of Branch County. The property is a +/- 132,629 SF, single story, multi-tenant retail center situated on approximately 8 +/- acres of land. It is shadow anchored by a Family Fare Supermarket. Current occupancy is 65% with a current NOI of $128,701 and occupancy could be stablized at roughly 75% bringing Upside NOI to $457,976. Significant value can be added through leasing efforts, increasing rental rates, and cosmetic capital improvements. An opportunity exists to purchase the asset well below replacement cost. Details on this unique opportunity are outlined below: The Site Enjoys Additional Traffic from its Shadow Anchor, Family Fare, a Popular Grocery Store Among Residents of Coldwater Located Close to I-696 Freeway Value Add Opportunity with Land for Development that can Accomodate +/- 10,000 SF of Additional Retail Space ! Marshall St. N. Coldwater MI
Property Taxes
| Parcel Number | 302-000-000-003-00 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $726,550 |
Property Taxes
