1776 Hilltop Rd — Sale in St. Joseph, MI
- Price: Contact for price
- Listing type: For sale
- Asset type: Industrial Property
- Location: St. Joseph, MI 49085
- Year built: 1957
Photos
Investment Figures
- Cap rate
- 1.00%
Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.
Description
Marcus & Millichap is pleased to present an exclusive industrial investment opportunity located at 1776 Hilltop Road, St. Joseph, Michigan. The Subject Property is a masonry & metal warehouse that features 119,000 SF± of total leasable space on an industrial-commercial zoned 21-acre parcel. The Subject Property is currently occupied by Centennial Storage, a regional specialized vehicle storage business. Associated with local waterfront and marina operations (such as Fisherman’s Wharf St. Joseph), Centennial Storage primarily serves the seasonal, recreational, and industrial storage needs of Southwest Michigan residents and visitors. Conveniently situated off Hilltop Road in South St. Joseph, the Property is positioned for manufacturing and distribution, with an approximate 4-minute drive to Michigan’s I-94. This proximity provides convenient transit access for freight trucks and commuters traveling along the I-94 corridor between Chicago and Detroit. Investment Highlights: • 119,000 SF Facility on a 21-acre parcel with potential for expansion and rail spur • Latest property rennovation completed in 2021 • Value Add Property, with in place below market rent ready for repositioning
Market Context
This industrial in St. Joseph, MI is listed for sale. It is offered at an approximate 1.0% capitalization rate, a key benchmark for income-producing industrial assets. The building dates to 1957. Compare it against other industrial listings for sale in St. Joseph, MI — view the full market.
Contact
- Mark Antinucci · (858) 373-3241 · mark.antinucci@marcusmillichap.com
- Luis Ortega Flores · (858) 373-3214 · luis.ortega@marcusmillichap.com
- Kent Williams · (858) 373-3193 · kent.williams@marcusmillichap.com
- Gordon Navarre · (248) 415-2600
- Chad O'Connor · (858) 373-3146 · chad.oconnor@marcusmillichap.com
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