2600 E Grand Blvd - Warehouse FOR SALE


Detroit, MI 48211
$2,750,000 USD
313-704-2678
2600 E Grand Blvd, Detroit, MI for Sale
$2,750,000 USD
Warehouse - FOR SALE
1/16
null | Request Cap Rate

2600 E Grand Blvd
Detroit, MI 48211


OVERVIEW

O’Connor Real Estate is pleased to offer the sale of this 73,000 +/- square-foot industrial facility, located on Detroit's east side within close proximity to New Center, Milwaukee Junction and the Russell Industrial Center. 2600 East Grand Boulevard is a two-story building which sits on 1.61 acres of land. The first developed use of the site appears to be residential sometime after 1897 when it was a portion of a larger lot that extended north. By 1910, the property was part of the American Wood Grain Co. (makers of oil cloth). The Frank Brothers American Iron Company bought it in 1915, and by 1931, the Peschke Meat Packing Co. developed the site into its present configuration. The building lends itself well to a residential or mixed-use redevelopment. The property has been approved as a Marijuana Grower Facility (MGF) and Marijuana Processing Facility (MPF) by the City of Detroit. Opportunity Zone Potential Mixed Use Development Property Approved for Marijuana Grower Facility (MGF) and Marijuana Processing Facility (MFP)

FOR SALE DETAILS

PRICE

$2,750,000 USD

PRICE/SF

$38 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

ADD'L SUBTYPES

undefined, Loft/Creative Space, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1934

UTILITIES

-

CLEAR CEILING HT

18 Ft

DOCKS

2

DRIVE INS

2

PARKING SPACES

38

LAND DETAILS

LAND ACRES

1.61

LAND SF

70,132

ZONING

M4

APN/PARCEL ID

07-0019012

ASK ABOUT THIS PROPERTY

Vincent MazzolaO'Connor Real EstateMore Info
313-704-2678

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Vincent MazzolaO'Connor Real EstateMore Info
313-704-2678

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