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$ 700,000
Est. payment | /mo
8,277 SqFt
$ 700,000
Est. payment | /mo
8,277 SqFt
Key Details
Property Type Commercial
Sub Type Commercial/Industrial
Listing Status Active
Purchase Type For Sale
Square Footage 8,277 sqft
Price per Sqft $84
Subdivision Mi
MLS Listing ID 60391582
Annual Tax Amount $9,886
Lot Size 0.400 Acres
Acres 0.4
Lot Dimensions 160.00 x 109.00
Property Sub-Type Commercial/Industrial
Property Description
Unlock a rare, cash-flowing commercial opportunity in the heart of Warren! This standout property includes TWO standalone industrial buildings totaling approximately 8,277 sq ft on a single 0.36-acre parcel — both buildings are fully leased and delivering $6,000/month in rental income from day one! With a projected 7.7% cap rate, this is a rock-solid investment in a high-demand industrial zone. Located directly on E. Nine Mile Rd, enjoy exceptional visibility, ample on-site parking, and immediate access to I-94, I-75, and I-696. Built with durable block/masonry construction, these versatile spaces are ideal for light manufacturing, auto use, service-based businesses, or creative flex space. High-traffic location. Strong local industrial demand. Fully leased. This is your chance to own not just one — but TWO income-producing buildings in one unbeatable package.
Location
State MI
County Macomb
Area Warren (50023)
Zoning Commercial,Industrial
Building
Water Public Water at Street
Structure Type Other
Others
Ownership Private
Energy Description Natural Gas
Financing Cash
Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.
Listed by Irongate Realty Group