21550-21564 Groesbeck Hwy - Manufacturing FOR SALE


Warren, MI 48089- Southeast Warren
$750,000 USD
248-536-2888
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

  • Terrific User/Owner investment opportunity.
  • Duplex comprised of approximately - 6,000 square feet (21550 Groesbeck) - 6,164 square feet (21564 Groesbeck)
  • Optional seller leaseback creates flexibility for investors and owner-users.
  • Gated yard with excellent visibility along a major regional corridor.
  • Strong positioning in a highly active Warren industrial submarket.

OVERVIEW

21550–21564 Groesbeck Highway presents a rare owner-user investment opportunity in one of Metro Detroit’s strongest industrial corridors. Located between 8 Mile and 9 Mile in Warren, Michigan, the property benefits from high visibility along Groesbeck Highway and exceptional connectivity to major freeways serving the region’s extensive automotive and manufacturing base. The immediate area consists of established industrial users, trades businesses, service contractors, and residential neighborhoods, creating steady demand for functional industrial space with convenient access and flexible utility. The asset comprises a duplex configuration with approximately equal building areas for each address, allowing an owner to occupy one side while generating supplemental income or accommodating future expansion. The seller is open to a leaseback on 21550 Groesbeck, offering a potential built-in tenant and immediate stability. The property also features two residential apartment units situated above 21564 Groesbeck, adding a unique mixed-use income component uncommon in industrial offerings at this scale. Functional features support a wide range of industrial, fabrication, contractor, and service-oriented operations, including four grade-level overhead doors, clear heights up to 14 feet, 240V 3-phase power, and a secure gated lot suitable for fleet, equipment, or material storage. The block construction, deep warehouse space, and integrated office area provide strong adaptability for both light manufacturing and warehousing needs. Its M-1 Light Industrial zoning further enhances usability for various business types. This property’s frontage, traffic exposure, and central Warren location create long-term value for buyers seeking operational efficiency with built-in investment potential. Whether acquired for immediate occupancy, partial lease-up, or repositioning, 21550–21564 Groesbeck stands out as a versatile, high-utility asset in a supply-constrained industrial market. Interior images and aerials are available in the brochure for further review.

FOR SALE DETAILS

PRICE

$750,000 USD

PRICE/SF

$62 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Manufacturing

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

Joe PelleritoBurger and CompanyMore Info
248-536-2888

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Joe PelleritoBurger and CompanyMore Info
248-536-2888

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