Light Industrial Development Opportunity

Industrial for Sale
Sale Pending
Catylist Listing ID: 30148606
Property Subtypes: Flex Space, Free-Standing, Mixed Use, Light Industrial, Research & Development, Self Storage, Warehouse/Distribution, Other
Status: Pending
Building Size (RSF): 4,875 SF
Gross Building Area: 6,900 SF
Gross Land Area: 20,700 - 27,600 SF
Sale Price: $75,000
Unit Price: $15.38 PSF
Property Use Type: Vacant/Owner-User
Usable Size (USF): 4,875 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 1/15/2019

Overview / Comments

- Light Industrial Opportunity on active Grinnell St.
- Several other small industrial developments are currently underway on Grinnell
- Four Parcel Site
- Building sits on one parcel that is approx. 6,900 SF
- Three additional adjacent parcels total approx 20,700 SF
- Close proximity to Gratiot Ave., Conner Ave., and I-94

Additional Details

Nearest MSA: Detroit-Warren-Dearborn
County: Wayne
Submarket/Township: Detroit E of Woodward
Taxing Authority: City of Detroit
Tax ID/APN: 19003476-7
Highway Access: Close proximity to I-94
Total Number of Buildings: 1
Number of Stories: 1
Overhead Cranes: Undisclosed

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 10,318 167,827 450,784
Median Age: 36.28 32.73 35.01
Households: 3,735 56,980 172,117
The information presented herein is provided as is, without warranty of any kind. Neither Commercial Property Information Exchange (CPIX) nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.