Cold Storage Facility | 82,240 SF | Income + Value-Add | West Michigan

Exceptional opportunity to acquire a well-maintained, income-producing cold storage and industrial facility strategically located at the signalized corner of M-37 and M-46 in Casnovia. This highly visible location offers excellent accessibility and direct connectivity to key agricultural and distribution corridors throughout West Michigan. The primary facility consists of an 82,240 square foot refrigerated storage building designed for efficient intake, storage, and distribution of perishable goods. The building features high ceilings, post-free storage areas, wide door openings, and multiple loading capabilities, making it well-suited for large-scale food storage, aggregation, and logistics operations. Additional improvements include a 5,880 square foot 3-bay shop building, including a drive-through bay suitable for semi doubles, overhead mezzanine, tool room, and restroom, as well as an 884 square foot utility building, all situated on approximately 10+/- acres, with additional land available for expansion. Investment Highlights: -Existing income-producing cold storage asset -Estimated ~10% cap rate based on seasonal apple storage (6–7 months) -Significant value-add opportunity with 5–6 months of additional leasable capacity -High-visibility corner location with strong transportation access -Large-scale infrastructure difficult and costly to replicate Facility Features: -82,240 SF refrigerated storage building -High ceilings and post-free rooms -Three loading docks -Ten overhead door accesses -Finished office space and conference room -Two kitchen/break areas Additional Structures: -5,880 SF 3-bay shop (drive-through capable) -884 SF utility building Ideal Uses: -Fruit and produce storage (apples, blueberries, cherries) -Food distribution or aggregation hub -Cold chain logistics / 3PL operations -Food processing or packaging facility With increasing demand for temperature-controlled industrial space and limited available supply, this offering presents a rare opportunity to acquire a scalable cold storage asset with both immediate income and substantial upside potential.