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20263 Hoover St 69,022 SF Industrial Building Detroit, MI 48205 $5,050,000 ($73.17/SF)

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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.

ATTACHMENTS

Flyer

PROPERTY FACTS

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

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
17-013847
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$671,200
  • Listing ID: 26575806

  • Date on Market: 9/7/2022

  • Last Updated:

  • Address: 20263 Hoover St, Detroit, MI 48205

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