35468 Groesbeck

Industrial for Sale
Catylist Listing ID: 29921509
Property Subtypes: Free-Standing
Building Size (RSF): 15,000 SF
Gross Building Area: See Agent
Gross Land Area: 0.74 Acres
Sale Price: $735,000
Unit Price: $49 PSF
Ceiling: 20 ft. / 17 ft. Clear
Docks/Doors: 4 Doors
Office SF: 1,000 SF
Property Use Type: Investment, Vacant/Owner-User
Sale Terms: Cash to Seller, Owner Financing
Cap Rate: Undisclosed
Last Updated: 7/14/2018

Overview / Comments

Building has recently been remolded with a significant amount of new upgrades to include, but not limited to: New Roof, Replaced all Exterior Steel Man Doors, New Exterior and Interior Paint, New Offices, New Cabinets, Office Floors & New Bathrooms.

- 15 Mile & Groesbeck Corridor
- Very Clean Building
- Floor Drains
- (4) Grade Level Doors
- Good Power Distribution with buss duct

Building is split into a couple of sections. The North bay is 10,000 Sq. Ft.
w/ (2) restrooms, office/ showroom and bonus upstairs mezzanine. There is additional shop foreman break-room and restroom. The South bay is 5,000 Sq. Ft. of clear span.

Preferred Sale, However, Lease and or Land Contract Terms to qualified Tenant only.

2017 Property Taxes: $11,500

See Attached Flyer

Attachments & Media

Additional Details

Nearest MSA: Detroit-Warren-Dearborn
County: Macomb
Submarket/Township: Macomb East
Tax ID/APN: 16-11-28-451-017
Tenancy: Single Tenant
Property Condition: Good
Year Built: 1987
Roof Type: Flat
Construction/Siding: Block, Steel Frame
Parking Type: Surface
Total Parking Spaces: 30
Overhead Cranes: Undisclosed
Volts: 240
X-Phase: 3
Heat Type: Suspended Radiant Heaters
Water Service: Municipal
Sewer Type: Municipal

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 15,608 133,367 319,711
Median Age: 36.53 41.59 41.59
Households: 6,080 56,487 135,165
The information presented herein is provided as is, without warranty of any kind. Neither Commercial Property Information Exchange (CPIX) nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.