FOR SALE ZONED M-4

Industrial for Sale
Catylist Listing ID: 30740847
Property Subtypes: Free-Standing, Manufacturing, Light Industrial, Warehouse/Distribution
Building Size (RSF): 12,000 SF
Gross Building Area: See Agent
Gross Land Area: 0.60 Acres
Sale Price: $659,000
Unit Price: $54.92 PSF
Ceiling: 14 ft. / 13 ft. Clear
Docks/Doors: 2 Doors
Office SF: 200 SF
Drive In Bays: 2 Bays
In Opportunity Zone? Yes
Property Use Type: Vacant/Owner-User
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 11/30/2022

Overview / Comments

This 12000 sq ft nicely renovated building is ideally located in the heart of Southwest Detroit at Vernor and Waterman. The building has updated LED lighting and heating, updated doors and new cement floors. This property has a large parking area behind the building with access to Stratton. Can be used for many different uses. Dont miss this opportunity to own part of a growing SW Detroit.

Additional Details

Nearest MSA: Detroit-Warren-Dearborn
County: Wayne
Submarket/Township: Detroit W of Woodward
Taxing Authority: City of Detroit
Tax ID/APN: 18001327-9
Zoning: M-4
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 1
Property Condition: Excellent
Parking Type: Surface
Overhead Cranes: Undisclosed
Amps: 400
Heat Type: Natural Gas
Zoning Description: M-4 Heavy Industrial
Lot Frontage: 94
Lot Depth: 288
Water Service: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 30,557 132,097 347,738
Median Age: 27.54 30.41 33.87
Households: 9,092 44,676 130,686

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