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835 E Chicago St - $1 Auction – 6.3 AC Home Depot Outparcel 6.3 Acres of Commercial Land Offered at $85,000 in Coldwater, MI 49036
INVESTMENT HIGHLIGHTS
- ABSOLUTE $1 AUCTION | 6.3 AC Home Depot Outparcel | AUCTION DECEMBER 8-10
- Traffic & Access: ±20,200 VPD on E. Chicago St with nearby I-69 traffic counts at ±25,000 VPD, supporting daily convenience and destination retail
- Dense Demographics with ±21,683 People and Annual Household Income of ±$69,186 within a 5-Mile Radius
- ±6.3 Acre Home Depot Outparcel: Development site positioned between Home Depot and Meijer - prime regional retail corridor
- National Retailers Nearby: Walmart, Home Depot, Meijer, Aldi, Dollar Tree, Tractor Supply, Big Lots, Camping World, Harbor Freight, AutoZone
- Flexible General Business District Zoning (C-4): Permitted uses include multi-tenant strip, junior box, self-storage, and more, allowing multiple exit
EXECUTIVE SUMMARY
Marcus & Millichap is pleased to present a ±6.3-acre land parcel located adjacent to the Home Depot at 825 E Chicago Street in Coldwater, Michigan (the “Property”). This Property offers an exceptional investment opportunity via development and FIRST BID MEETS RESERVE!
The Property consists of a ±6.3-acre parcel adjacent to Home Depot and shadow anchored by Meijer Supermarket. The parcel is just off E Chicago Street (US-12) with traffic counts of 20,200 vehicles per day and less than a mile from I-69 with over 25,000 vehicles per day. The Property benefits from proximity to a strong commercial corridor with nearby national retailers including Walmart, Home Depot, Meijer, Aldi, Dollar Tree, Tractor Supply, Big Lots, Camping World, Harbor Freight, AutoZone, and many more. The Property benefits from highly favorable C-4, General Business District, zoning that allows for a wide variety of uses including retail, restaurant, self-storage, and many more.
Coldwater is situated in Branch County in southern Michigan, conveniently located between Detroit, Toledo, and Kalamazoo, which provides strong regional access and trade-area potential. Its economy is anchored by manufacturing, retail and healthcare employment. The city actively supports commercial growth through its industrial parks and the local economic development agency. City of Coldwater incentives are available - including grants for redevelopment projects - enhancing the viability of value-add or ground-up ventures. The Property is located in a dense area with an average household income of $69,186 within a 5-mile radius and a population of 21,683 residents and an average household income of $73,419 within a 10-mile radius.
The Property consists of a ±6.3-acre parcel adjacent to Home Depot and shadow anchored by Meijer Supermarket. The parcel is just off E Chicago Street (US-12) with traffic counts of 20,200 vehicles per day and less than a mile from I-69 with over 25,000 vehicles per day. The Property benefits from proximity to a strong commercial corridor with nearby national retailers including Walmart, Home Depot, Meijer, Aldi, Dollar Tree, Tractor Supply, Big Lots, Camping World, Harbor Freight, AutoZone, and many more. The Property benefits from highly favorable C-4, General Business District, zoning that allows for a wide variety of uses including retail, restaurant, self-storage, and many more.
Coldwater is situated in Branch County in southern Michigan, conveniently located between Detroit, Toledo, and Kalamazoo, which provides strong regional access and trade-area potential. Its economy is anchored by manufacturing, retail and healthcare employment. The city actively supports commercial growth through its industrial parks and the local economic development agency. City of Coldwater incentives are available - including grants for redevelopment projects - enhancing the viability of value-add or ground-up ventures. The Property is located in a dense area with an average household income of $69,186 within a 5-mile radius and a population of 21,683 residents and an average household income of $73,419 within a 10-mile radius.
PROPERTY FACTS
1 LOT AVAILABLE
Lot
| Price | $85,000 | Lot Size | 6.30 AC |
| Price Per AC | $13,492.06 |
| Price | $85,000 |
| Price Per AC | $13,492.06 |
| Lot Size | 6.30 AC |
Approximately 6.3 Acres of Developable Land adjacent to Home Depot and Meijer. Could be developed into a 25,000 square foot junior box adjoining Home Depot and additional retail or self storage.
1 1
PROPERTY TAXES
| Parcel Number | 302-000-001-045-00 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $3,568,200 |
PROPERTY TAXES
Parcel Number
302-000-001-045-00
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$3,568,200
CONTACTS
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Alex Perez -
Adam Sklaver -
Philip Kates -
Kyle Hynes -
Paul Kerber -
Marcus & Millichap
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835 E Chicago St - $1 Auction – 6.3 AC Home Depot Outparcel
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