Grow and Processing in Detroit - 2 Grow Permits Pending

Industrial for Sale
Catylist Listing ID: 30465083
Property Subtypes: Manufacturing
Building Size (RSF): 19,063 SF
Gross Building Area: See Agent
Gross Land Area: 0.70 Acres
Sale Price: $600,000
Unit Price: $31.47 PSF
Ceiling: 18 ft.
Drive In Bays: 1 Bay
In Opportunity Zone? Yes
Property Use Type: Vacant/Owner-User
Usable Size (USF): 10,000 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 11/20/2019

Overview / Comments

Warehouse near Downtown Detroit perfect for grow and processing! Two Class C Cultivation permits are pending with the city! High, 18 FT ceilings. The 19K SF building has 10,000 SF of usable space, the rest of the building is probably a teardown.

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Additional Details

Nearest MSA: Detroit-Warren-Dearborn
County: Wayne
Submarket/Township: Detroit W of Woodward
Tax ID/APN: 20001631.
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 1
Year Built: 1907
Construction/Siding: Block, Brick
Parking Type: Surface
Overhead Cranes: Undisclosed
Water Service: Municipal
Sewer Type: Municipal
Legal Description: S FORT 68&67 REAR 73 EXC ELY 64.92 FT KAIERS UNITED SUB L24 P29 PLATS, W C R 20/124 114 IRREG

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 11,405 127,876 334,066
Median Age: 27.02 30.74 33.54
Households: 3,268 42,538 123,088


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