9.65 Acre Parcel w/Building - Zoned M-1

Industrial for Sale
Catylist Listing ID: 29810846
Property Subtypes: Free-Standing, Light Industrial, Warehouse/Distribution
Building Size (RSF): 34,446 SF
Gross Building Area: See Agent
Gross Land Area: 9.65 Acres
Sale Price: $795,000
Unit Price: $23.08 PSF
Ceiling: 20 ft.
Docks/Doors: 1 Dock
Drive In Bays: 1 Bay
Property Use Type: Investment, Vacant/Owner-User
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 12/4/2017

Overview / Comments

9.65 acre parcel with 34,440 SF, Class C, M-1 zoned building. Building is in very good condition. Two 2 ton cranes, 30 +/- parking spaces, 1 truck well, 18 - 20 foot ceiling heights thru-out. Owner would consider leasing back a portion after the closing. Convenient location to I-94 and MI-12. Possible split available, per township approval.

Additional Details

Nearest MSA: Detroit-Warren-Dearborn
County: Wayne
Submarket/Township: Southern I-275 Corridor
Tax ID/APN: 83-023-99-003-000
Zoning: M-1
Market Type: Medium
Property Located Between: East side of Rawsonville, just south of Michigan Ave.
Side of Street: East
Road Type: Paved
Highway Access: 2 Miles from I-94
Tenancy: Multiple Tenants
Number of Stories: 1
Property Condition: Good
Year Built: 1968
Year Renovated: 1990
Roof Type: Arched
Construction/Siding: Steel Frame
Parking Type: Surface
Total Parking Spaces: 29
Overhead Cranes: 2
Heat Type: Suspended Radiant Heaters
Heat Source: Central, Radiant
Air Conditioning: Engineered System
Lighting: Fluorescent
Internet Access: Cable
Zoning Description: M-1
Lot Frontage: 583
Lot Depth: 742

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 778 49,972 159,579
Median Age: 34.85 35.64 35.5
Households: 332 20,775 61,573

Contact

Photograph of Listing Agent

Amy Freundl

Reinhart Commercial
CPIX Member
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