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8790 Grinnell St 4,875 SF Industrial Building Detroit, MI 48213 $150,000 ($30.77/SF)

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Investment Highlights

Close proximity to Gratiot Ave., Conner Ave., and I-94

Close proximity to City Airport

Executive Summary

- Four Parcel Site (8790, 8800, 8810, 8820 Grinnell)
- Total Land approx. 27,600sf Combined

Property Facts

Price	$150,000	Rentable Building Area	4,875 SF
Price Per SF	$30.77	No. Stories	1
Sale Type	Investment or Owner User	Year Built	1933
Property Type	Industrial	Tenancy	Single
Property Subtype	Warehouse Flex Light Manufacturing	Parking Ratio	0.74/1,000 SF
Building Class	C	No. Drive In / Grade-Level Doors	1
Lot Size	0.63 AC	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning	Industrial

Price	$150,000
Price Per SF	$30.77
Sale Type	Investment or Owner User
Property Type	Industrial
Property Subtype	Warehouse Flex Light Manufacturing
Building Class	C
Lot Size	0.63 AC
Rentable Building Area	4,875 SF
No. Stories	1
Year Built	1933
Tenancy	Single
Parking Ratio	0.74/1,000 SF
No. Drive In / Grade-Level Doors	1
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning	Industrial

About 8790 GRINNELL ST , DETROIT, MI 48213

- Light Industrial Opportunity on active Grinnell St. - Several other small industrial developments are currently underway on Grinnell - Building sits on one parcel that is approx. 6,900 SF - Three additional adjacent parcels total approx. 20,700 SF

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Fairly walkable

40/100

Exceptionally drivable

100/100

Limited public transit

30/100

Fairly bikeable

50/100

Source: Local Logic^®

Property Taxes

Parcel Numbers	Multiple 19-003474 19-003475 19-0034767 19-003473	Improvements Assessment	$0
Land Assessment	$0	Total Assessment	$33,200

Property Taxes

Parcel Numbers

Multiple

19-003474
19-003475
19-0034767
19-003473

Land Assessment

Improvements Assessment

Total Assessment

$33,200

(248) 508-7403

Contact

Chad Rhodes
Summit Commercial

Listing ID: 17072747
Date on Market: 8/30/2019
Last Updated:
Address: 8790 Grinnell St, Detroit, MI 48213

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8790 Grinnell St, Detroit, MI for sale Primary Photo- Image 1 of 5 — Primary Photo

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