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20530 Hoover Rd 40,300 SF Industrial Building Detroit, MI 48205 $3,150,000 ($78.16/SF)
INVESTMENT HIGHLIGHTS
- Building Size: 40,300 Square Feet
- Available on Land Contract
- Lot Size: 1.50 Acres
- Heavy Power Supply
EXECUTIVE SUMMARY
Prime location on 8 Mile and Groesbeck Highway! Pristine building perfect for any Industrial and/or Manufacturing users.This building spans 40,300 SF and is an exceptional opportunity for businesses seeking a strategic location in Detroit, MI! Nothing was spared on the properties mechanical, plumbing and electrical upgrades which are all brand new including but not limited to a brand new roof (2023) with 20-year warranty, power panels with 480 Volts, 3,000 amps and 2,100 KVA, fire suppression system, plumbing, etc. Brand new office space up front with epoxy floors, kitchenette, bathrooms, and direct access to the warehouse. Property is available for Sale, for Lease and for Sale on a Land Contract. Lease MLS #20240034098. For inquiries or to schedule a tour, please contact us today.
TAXES & OPERATING EXPENSES (ACTUAL - 2024) Click Here to Access |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
TAXES & OPERATING EXPENSES (ACTUAL - 2024) Click Here to Access
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS
| Price | $3,150,000 | No. Stories | 1 |
| Price Per SF | $78.16 | Year Built/Renovated | 1955/2024 |
| Sale Type | Owner User | Tenancy | Single |
| Property Type | Industrial | Parking Ratio | 0.5/1,000 SF |
| Property Subtype | Warehouse | Clear Ceiling Height | 22’ |
| Building Class | C | No. Dock-High Doors/Loading | 4 |
| Lot Size | 1.50 AC | No. Drive In / Grade-Level Doors | 4 |
| Rentable Building Area | 40,300 SF | ||
| Zoning | M-3 - General Industrial District M-3 (Green Zone Approved) | ||
| Price | $3,150,000 |
| Price Per SF | $78.16 |
| Sale Type | Owner User |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | C |
| Lot Size | 1.50 AC |
| Rentable Building Area | 40,300 SF |
| No. Stories | 1 |
| Year Built/Renovated | 1955/2024 |
| Tenancy | Single |
| Parking Ratio | 0.5/1,000 SF |
| Clear Ceiling Height | 22’ |
| No. Dock-High Doors/Loading | 4 |
| No. Drive In / Grade-Level Doors | 4 |
| Zoning | M-3 - General Industrial District M-3 (Green Zone Approved) |
AMENITIES
- Courtyard
UTILITIES
- Water - City
- Sewer - City
SPACE AVAILABILITY
- SPACE
- SIZE
- SPACE USE
- CONDITION
- AVAILABLE
| Space | Size | Space Use | Condition | Available |
| 1st Floor | 40,300 SF | Industrial | - | Now |
1st Floor
| Size |
| 40,300 SF |
| Space Use |
| Industrial |
| Condition |
| - |
| Available |
| Now |
1 of 17
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1st Floor
| Size | 40,300 SF |
| Space Use | Industrial |
| Condition | - |
| Available | Now |
1 1
PROPERTY TAXES
| Parcel Number | 21-036380 | Total Assessment | $263,500 (2025) |
| Land Assessment | $0 (2025) | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $0 (2025) | Tax Year | 2024 |
PROPERTY TAXES
Parcel Number
21-036380
Land Assessment
$0 (2025)
Improvements Assessment
$0 (2025)
Total Assessment
$263,500 (2025)
Annual Taxes
($1) ($0.00/SF)
Tax Year
2024
1 of 40
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1 of 1
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20530 Hoover Rd
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