45237 Grand River Avenue

Industrial for Sale
Catylist Listing ID: 30830734
Property Subtypes: Free-Standing, Light Industrial
Building Size (RSF): 29,196 SF
Gross Building Area: See Agent
Gross Land Area: 7.61 Acres
Sale Price: $3,600,000
Unit Price: $123.30 PSF
Ceiling: 15 ft. / 30 ft. Clear
Docks/Doors: 1 Dock, 7 Doors
Office SF: 2,385 SF
Drive In Bays: 1 Bay
Property Use Type: Vacant/Owner-User
Sale Terms: Other
Cap Rate: Undisclosed
Last Updated: 9/25/2023

Overview / Comments

Two buildings (21,261 sq. ft. & 5,600 sq. ft.) on 7.61 acres. Shop consists of four (4) sections up to 30' clear with cranes ranging from 5 to 15-Tons, with heavy power and air-conditioning in shop. Office and shop renovated in 2022. South side of Grand River, East of Taft Road and 1/2 mile from Suburban Showplace. Access to I-96 via Beck Road or Novi Road.

Financials

Finance Data Year 2022
Real Estate Taxes - Annual($) $35,573 (Annual)

Additional Details

Nearest MSA: Detroit-Warren-Dearborn
County: Oakland
Submarket/Township: Central I-96 Corridor
Tax ID/APN: 22-15-351-012
Zoning: I-1
Property Located Between: Taft Rd.
Year Built: 1973
Year Renovated: 2022
Overhead Cranes: 3
Sprinklers: None
Amps: 1,000
Volts: 440
X-Phase: 3
Heat Source: Radiant
Lighting: LED

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 4,570 58,372 161,333
Median Age: 38.06 39.25 41.02
Households: 1,511 23,996 67,235

Contact

Photograph of Listing Agent

Christopher D'Angelo

Signature Associates CPIX Member
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