938 & 950 E. 10 Mile

Industrial for Sale
Sale Pending
Catylist Listing ID: 30580782
Property Subtypes: Mixed Use, Light Industrial
Status: Pending
Building Size (RSF): 11,677 SF
Gross Building Area: See Agent
Gross Land Area: 24,830 SF
Sale Price: $525,465
Unit Price: $45 PSF
Ceiling: 18 ft. / 10 ft. Clear
Docks/Doors: 2 Doors
Drive In Bays: 2 Bays
In Opportunity Zone? Yes
Property Use Type: Investment
Building Name: Crane Building
Usable Size (USF): 11,677 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 7/28/2020

Overview / Comments

Located in Opportunity Zone.
Two Buildings, Must Purchase Together, Package Deal
Great Light Industrial Buildings
Outside Fenced Parking
Cranes Include 1 Ton, 2 Ton, 3 Ton, and 2-5 Ton

Attachments & Media

Additional Details

Nearest MSA: Detroit-Warren-Dearborn
County: Oakland
Submarket/Township: Royal Oak Vicinity
Tax ID/APN: 2525131005, 2525131004
Property Located Between: Southside of 10 Mile, East of John R
Tenancy: Multiple Tenants
Total Number of Buildings: 2
Number of Stories: 1
Property Condition: Average
Year Built: 1951
Roof Type: Flat
Construction/Siding: Block
Parking Type: Surface
Overhead Cranes: 5
Amps: 1,000
Volts: 220
X-Phase: 3
Heat Type: Natural Gas, Suspended Radiant Heaters
Heat Source: Radiant
Lighting: LED
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 19,069 163,390 462,509
Median Age: 37.58 37.88 38.17
Households: 8,117 69,640 189,839
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