415 N Lafayette St - Warehouse FOR SALE


South Lyon, MI 48178
$3,375,000 USD
734-330-6501
415 N Lafayette St, South Lyon, MI for Sale
$3,375,000 USD
Warehouse - FOR SALE
1/40
null | Request Cap Rate

415 N Lafayette St
South Lyon, MI 48178


OVERVIEW

Available for the first time, totaling over 35,000 sq feet in usable space, the buildings that have housed Pullum Window and Door and the 4.24 acres they sit on are waiting for your next business venture. Complete with 5 loading docks, its own fire hydrant and retention pond, this space is ready to serve all logistical, distribution and manufacturing needs. The 17,000 sq ft front building, offering an incredible opportunity for consistent visibility and signage, provides not only abundant office space on the first floor but a 2nd floor office/ conference room as well. A beautiful showroom, which currently displays Pullum's luxury products, is already in place or could be repurposed with this floor plan that grants endless opportunities. Redevelopment could allow for multiple tenants in one space and higher investment returns through rental income. Areas for production, assembly and distribution with loading docks suggest highest and best uses that include regional building suppliers seeking vertical integration, lumber distributors, Home Service Roll Ups or Logistics Companies seeking more efficiency. Centrally located in Southeastern Michigan, not only the buildings and square footage but the location itself is ideal. The back building was built in 2014 with 10 inch concrete floors and boasts another 18,000 sq ft! Pullum Window and Door is a 105 year old business, already set up for ongoing success. With a name as durable as its products, a window company looking to acquire an elite luxury line that would pair well with strategic partnerships with developers and high end builders may want to entertain not only the real estate, but acquiring the business as well. For details, reach out to the listing Broker. What will you bring to this perfect South Lyon location that might last the next 100 years? This is an opportunity to create a legacy.

FOR SALE DETAILS

PRICE

$3,375,000 USD

PRICE/SF

$90 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1954

UTILITIES

-

CLEAR CEILING HT

20 Ft

DOCKS

6

DRIVE INS

5

PARKING SPACES

-

LAND DETAILS

LAND ACRES

4.24

LAND SF

184,694

ZONING

L 1

APN/PARCEL ID

21-19-476-008

ASK ABOUT THIS PROPERTY

Ron YarbroughAvera RealtyMore Info
734-330-6501

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Ron YarbroughAvera RealtyMore Info
734-330-6501

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