Light Industrial Flex Space - Monroe, MI

Industrial for Sale
Catylist Listing ID: 30704812
Property Subtypes: Cold Storage, Flex Space, Manufacturing, Mixed Use, Light Industrial, Self Storage, Warehouse/Distribution
Building Size (RSF): 28,000 SF
Gross Land Area: 5.50 Acres
Sale Price: $550,000
Unit Price: $19.64 PSF
Ceiling: 24 ft.
Docks/Doors: 1 Dock
Drive In Bays: 4 Bays
In Opportunity Zone? Yes
Property Use Type: Vacant/Owner-User, Business
Usable Size (USF): 28,000 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 2/22/2021

Overview / Comments

Secure and secluded 5.5 acre fenced lot with 28,000 square feet of usable building space. Including offices, manufacturing and warehouse sections. Newer roof, new internet lines and new propane service.
5 overhead doors, 3 have new motors.
3 phase power with two transformers.
Ceiling mounted gas heaters.
Fire suppression system.
Active commercial security system.
Great redevelopment opportunity for owner occupied business or a multi-tenant investment property.

High potential green zoned property in a city that is finalizing MMFLA ordinances.
Current operations include industrial hemp processing systems.

Additional Details

Nearest MSA: Monroe
County: Monroe
Submarket/Township: Monroe County
Taxing Authority: Monroe
Tax ID/APN: 49-01523-003
Airports: DTW
Tenancy: Multiple Tenants
Total Number of Buildings: 1
Number of Stories: 2
Property Condition: Fair
Year Built: 1966
Parking Type: Surface
Overhead Cranes: Undisclosed
Heat Type: Electricity, Natural Gas, Propane
Heat Source: Ceiling Units, Radiant, Other
Lighting: LED, Fluorescent, Incandescent
Zoning Description: Industrial
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 5,256 37,264 54,948
Median Age: 33.53 38.21 39.04
Households: 1,978 14,955 21,544


Photograph of Listing Agent

Patrick Becker

CPIX Member
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