21550-21564 Groesbeck Hwy - Manufacturing FOR SALE


Warren, MI 48089- Southeast Warren
$750,000 USD
248-637-3513
21550-21564 Groesbeck Hwy, Warren, MI for Sale
$750,000 USD
Manufacturing - FOR SALE
1/4
null | Request Cap Rate

21550-21564 Groesbeck Hwy
Warren, MI 48089
Southeast Warren


HIGHLIGHTS

  • Duplex Industrial Building with Main Road Frontage
  • 12,156 Sq. Ft. on 0.52 Acres with Gated Parking Lot
  • 21550 - (1) 9' OH Door
  • 21564 - (2) 9' OH Doors, (1) 12' OH Door
  • Each Unit Has Showroom/Office
  • Seller Willing to Lease Back 21550 Groesbeck

OVERVIEW

A unique opportunity, prominently located on Groesbeck Hwy, this two suite industrial property has fantastic roadway visibility and a large gated parking/storage lot in back. The property boasts 4 overhead garage doors and comes with a bonus of two income generating apartment units on the second floor. One apartment unit contains 1 bedroom and 1 bathroom. The other unit was completely gutted and renovated last year, and contains 2 bedrooms and 1 bathroom. The property is separately metered for gas and electric for each unit.

FOR SALE DETAILS

PRICE

$750,000 USD

PRICE/SF

$62 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Manufacturing

ADD'L SUBTYPES

Showroom

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1972

UTILITIES

-

CLEAR CEILING HT

17 Ft

DOCKS

-

DRIVE INS

4

PARKING SPACES

21

LAND DETAILS

LAND ACRES

0.52

LAND SF

22,651

ZONING

M1

APN/PARCEL ID

12-13-35-334-002

ASK ABOUT THIS PROPERTY

Joseph DePonioL. Mason Capitani, Inc.More Info
248-637-3513

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Joseph DePonioL. Mason Capitani, Inc.More Info
248-637-3513

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.