56495 Grand River Ave - Warehouse FOR SALE


New Hudson, MI 48165
$2,350,000 USD
734-846-8045
56495 Grand River Ave, New Hudson, MI for Sale
$2,350,000 USD
Warehouse - FOR SALE
1/17
null | 8.79% Cap Rate

56495 Grand River Ave
New Hudson, MI 48165


HIGHLIGHTS

  • Fully Equipped

OVERVIEW

Investment Property in downtown New Hudson; Area has been rezoned to support future mix used projects in order to expand on the downtown area. The area is currently home to new business with more to come. The community is home to over 600 new homes a year and 1000 jobs be added to community each year through the corporate industrial base that continues to grow; one of the top best growth communities in SE MI markets. The sale will come with a lease with a well know distillery willing to sign a long term lease of 10 years for 9,360 sf NNN final terms of such Lease can be negotiated with the Buyer and Tenant. Pool Company occupying 6480 sf. The Landlord will consider a sign a place holder lease at market rents for 1 yr term in order for Buyer to backfill w a permanent Tenant for the remaining portion of the building +/-3960 sf at a market rent. This building has many potential uses. It is fully equipped with two commercial kitchens, a large office area, and a huge warehouse space with bays to drive trucks in and out of. A must see in growing New Hudson area. Grand River, east of Milford Road

FOR SALE DETAILS

PRICE

$2,350,000 USD

PRICE/SF

$119 USD /SF

CAP RATE

8.79%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Downtown New Hudson

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1948

UTILITIES

-

CLEAR CEILING HT

16 Ft

DOCKS

-

DRIVE INS

6

PARKING SPACES

20

LAND DETAILS

LAND ACRES

3.21

LAND SF

139,828

ZONING

II

APN/PARCEL ID

21-03-352-004

ASK ABOUT THIS PROPERTY

Leo GonzalezCRS Commercial Real Estate ServicesMore Info
734-846-8045

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Leo GonzalezCRS Commercial Real Estate ServicesMore Info
734-846-8045

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.