Unlock the potential of this expansive 44,000 square foot industrial building, located in the heart of Detroit's industrial corridor and priced at well below market value - under $16 PSF. Whether you're seeking a long-term investment, redevelopment opportunity, or a versatile space for your own operations, this property delivers both… Read More functionality and upside. Key Features: 44,000 SF of flexible, subdividable industrial space 13' ceiling height clearance Private, fully fenced lot with new automated security gates Newly upgraded electrical system Firewalled multi-unit layout allows for multi-tenant income or full reconfiguration into a single expansive space Centrally located with immediate access to major highways, downtown Detroit, and the Canada border Incredible Value-Add Investment Opportunity This property is a rare find at less than $16 per square foot, making it one of the most competitively priced industrial assets in the Detroit market. Add value by leasing out individual bays or repositioning the property as a self-storage facility, warehouse distribution hub, or specialized processing space. The low price per foot leaves plenty of room for capital improvements while still keeping your basis far below market average. Positioned in an area seeing industrial resurgence - strong growth potential and urban logistics demand. Ideal Uses Include: Self-Storage Facility Warehouse / Distribution Manufacturing / Processing Commercial Commissary / Production Kitchen Auto Repair, Trucking, Collision Center Multi-Tenant Industrial Portfolio Location Highlights: Minutes from I-96, I-94, M-10, and Downtown Detroit Easy cross-border access to Canada via Ambassador Bridge Excellent for last-mile distribution or urban logistics Read Less
Courtesy of Realty Executives Home Towne.
Listing Snapshot
Days Online
30
Last Updated
Property Type
Commercial/Industrial
Square Ft.
43,848
Lot Size
1.78 Acres
MLS Number
60950827
30 Days Snapshot Of 48227
$1k
-11%
(avg) sold price
2
+100%
homes sold
63
-78%
(avg) days on market
Snapshot
Area Map
Additional Details
Amenities
Alley, Loading Dock(s)
Building
43,848 square feet
Exterior Features
Brick
Foundation
Slab
Water Features
Public Water
Heating
Forced Air, Space Heater
Lot
1.78 acres, Lot size: 567x140
Property
Commercial, Industrial
Roof
Rubber
Taxes
Total amount: $30,575
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