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20263 Hoover St 69,022 SF Industrial Building Detroit, MI 48205 $5,050,000 ($73.17/SF)
Executive Summary
Many building upgrades, along with new construction. 2/3 of the building is leased out to machinery storage with cranes. Rail access, heavy power. Separate grow facilities with extra room to double production. Large fenced, paved parking.
Property Facts
| Price | $5,050,000 | Rentable Building Area | 69,022 SF |
| Price Per SF | $73.17 | No. Stories | 1 |
| Sale Type | Investment | Year Built/Renovated | 1953/2019 |
| Property Type | Industrial | Tenancy | Single |
| Property Subtype | Warehouse | Parking Ratio | 0.72/1,000 SF |
| Building Class | B | Clear Ceiling Height | 18’ |
| Lot Size | 5.07 AC | No. Drive In / Grade-Level Doors | 4 |
| Zoning | Industrial - M1 Heavy Industrial with Green Zone Cannabis Designation. | ||
| Price | $5,050,000 |
| Price Per SF | $73.17 |
| Sale Type | Investment |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | B |
| Lot Size | 5.07 AC |
| Rentable Building Area | 69,022 SF |
| No. Stories | 1 |
| Year Built/Renovated | 1953/2019 |
| Tenancy | Single |
| Parking Ratio | 0.72/1,000 SF |
| Clear Ceiling Height | 18’ |
| No. Drive In / Grade-Level Doors | 4 |
| Zoning | Industrial - M1 Heavy Industrial with Green Zone Cannabis Designation. |
Amenities
- Bus Ducts
- Fenced Lot
- Security System
- Yard
Utilities
- Lighting - Metal Halide
- Gas - Natural
- Water - City
- Sewer - City
- Heating - Gas
1 1
Fairly walkable
40/100
Very drivable
80/100
Some public transit
40/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | 17-013847 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $671,200 |
Property Taxes
Parcel Number
17-013847
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$671,200
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20263 Hoover St
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