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Investment Highlights

  • 9 active cranes
  • Frontage with Signage on Groesbeck Hwy.
  • Potential availability in conjunction with adjacent property for total of 106,312 SF
  • Fully air conditioned production area
  • Minutes from I-696 and connecting area freeways
  • Ability to add truck wells

Executive Summary

Very well maintained 54,470 SF industrial building equipped with nine (9) overhead cranes ranging in capacity from 1 ton to 10 tons, two (2) grade level drive-in loading doors, high clearance areas, paint booth, and buss ducts / heavy power throughout. Frontage and signage on Groesbeck Hwy. Also available in conjunction with 26,136 SF for lease building at 17501 Masonic.
Also available for Lease for $7.00/SF/Year NNN.

Property Facts

Price $3,995,000
Price Per SF $73.34
Sale Type Investment or Owner User
Property Type Industrial
Property Subtype
Manufacturing
  • Flex Light Manufacturing
  • Flex Research & Development
  • Industrial Warehouse
Building Class B
Lot Size 2.44 AC
Rentable Building Area 54,470 SF
No. Stories 1
Year Built 1958
Tenancy Single
Parking Ratio 1.19/1,000 SF
Clear Ceiling Height 27’
No. Drive In / Grade-Level Doors 3
Zoning IC - Industrial

Amenities

  • Bus Ducts
  • Signage
  • Monument Signage
  • Air Conditioning

Utilities

  • Lighting
  • Gas - Natural
  • Water - City
  • Sewer - City
  • Heating - Gas

Space Availability

  • Space
  • Size
  • Space Use
  • Build-Out
  • Available
  • 1st Floor
  • 54,470 SF
  • Industrial
  • -
  • Now

Very well maintained 54,470 SF industrial building equipped with nine (9) overhead cranes ranging in capacity from 1 ton to 10 tons, two (2) grade level drive-in loading doors, high clearance warehouse areas, paint booth, and buss ducts / heavy power throughout production areas. Frontage and signage on Groesbeck Hwy. Can be purchased and/or lease in conjunction with the adjacent industrial building located 17501 Masonic.

Space Size Space Use Build-Out Available
1st Floor 54,470 SF Industrial - Now

1st Floor

Size
54,470 SF
Space Use
Industrial
Build-Out
-
Available
Now

1st Floor

Size 54,470 SF
Space Use Industrial
Build-Out -
Available Now

Very well maintained 54,470 SF industrial building equipped with nine (9) overhead cranes ranging in capacity from 1 ton to 10 tons, two (2) grade level drive-in loading doors, high clearance warehouse areas, paint booth, and buss ducts / heavy power throughout production areas. Frontage and signage on Groesbeck Hwy. Can be purchased and/or lease in conjunction with the adjacent industrial building located 17501 Masonic.

Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
30/100
Somewhat bikeable
30/100

Property Taxes

Property Taxes

Parcel Number
03-14-05-326-008
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$1,379,800
  • Listing ID: 36395055

  • Date on Market: 6/25/2025

  • Last Updated:

  • Address: 31985 Groesbeck Hwy, Fraser, MI 48026

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