$6,000,000 for Sale
1925 clay, detroit, MI 48211
Property Description
This expansive 87,552 square foot warehouse and manufacturing facility is a prime industrial opportunity, located in an Opportunity Zone just half a mile from both I-75 and I-94. Nestled on nearly 6.5 acres, this two-story building is positioned in a secure neighborhood with 24-hour security and is in close proximity to major automotive facilities, including GM Poletown and FCA Jefferson Jeep Assembly. The property spans five parcels, including 1925, 1975, and 1966 Clay Street, along with 7850 Morrow Street and 7881 Saint Aubin Street. It offers a clear height of 30 feet, with four heavy-duty cranesâ??two 15-ton and two 30-ton cranes with a 40-foot spanâ??making it ideal for large-scale industrial operations. The building also features three spacious drive-in doors, each 14 feet wide and 16 feet high, providing easy access for loading and unloading. In 2021, significant upgrades were made to the property, including a new roof, doors, and abatement, with a $2 million investment ensuring its modern readiness. The facility is also equipped with 4,000-amp electrical service, supporting a wide range of industrial applications. Zoned M4 for industrial use, the building is highly versatile, making it suitable for various manufacturing and warehouse needs. One of the most compelling aspects of this property is its location directly across from GM Factory Zero, GMâ??s first fully dedicated electric vehicle assembly plant. Following a $2.2 billion retooling, this cutting-edge facility opened in November 2021, solidifying GMâ??s commitment to electric vehicle production. The presence of this state-of-the-art plant enhances the value of surrounding industrial properties, making this a rare opportunity to invest in Detroitâ??s rapidly advancing manufacturing corridor. This propertyâ??s strategic location, combined with its extensive features and recent upgrades, presents an exceptional investment for those looking to capitalize on Detroitâ??s industrial resurgence.
General Information
Sale Price: $6,000,000
Price/SqFt: $69
Status: Active
MLS#: 60349887
City: detroit
Post Office: detroit
County: Wayne
Acres: 6.4
Lot Dimensions: 302 X 240 X 302 X 240
Size: 87,552 sq.ft.
Acreage: 6.4 est.
Year Built: 19
Property Type: Commercial/Industrial
Style:
Tax, Fees & Legal
Est. Summer Taxes: $35,789
Est. Winter Taxes: $4,367
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Listing By: Alan Davidov of KW Domain, Phone: 248-590-0800