Freestanding Building for Sale

Industrial for Sale
Catylist Listing ID: 30185690
Property Subtypes: Free-Standing, Industrial-Business Park
Building Size (RSF): 8,500 SF
Gross Building Area: See Agent
Gross Land Area: 0.50 Acres
Sale Price: $799,000
Unit Price: $94 PSF
Ceiling: 16 ft.
Docks/Doors: 1 Door
Property Use Type: Vacant/Owner-User
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 5/7/2018

Overview / Comments

Rare freestanding building for sale on the very busy Telegraph Road. Positioned North of Wick Road on the Southbound side, this site sees a ton of daily traffic and has excellent signage exposure. The interior of the building is broken into three sections: front office, middle light manufacturing and rear warehouse/storage. Multi zone thermostat with forced air heat and AC throughout with supplemental radiant units in the rear two sections.

Additional Details

Nearest MSA: Detroit-Warren-Dearborn
County: Wayne
Submarket/Township: Airport District
Tax ID/APN: 60-024-02-0030-001
Zoning: B-3
Property Located Between: Telegraph & Wick
Site Description: Approx. 8,500 Sq. Ft. Freestanding Building for Sale on Telegraph Road
Area Description: Dense population and high volume traffic in close promixity to multiple major commercial drivers.
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 1
Property Condition: Good
Year Built: 1959
Roof Type: Flat
Construction/Siding: Block
Parking Type: Surface
Total Parking Spaces: 18
Overhead Cranes: Undisclosed
Heat Type: Other
Heat Source: Ceiling Units
Lot Frontage: 70'
Lot Depth: 307'
Water Service: Municipal
Sewer Type: Municipal

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 15,696 106,703 303,660
Median Age: 39.84 38.94 38.64
Households: 6,186 42,259 121,554
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