$6,000,000
1925 CLAY Street Detroit, MI 48211 1917
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$6,000,000
Est. payment /mo
87,552 SqFt
New
1925 CLAY Street Detroit, MI 48211 1917
UPDATED:
10/25/2024 04:29 PM
Key Details
Property Type Commercial
Sub Type Commercial/Industrial
Listing Status Active
Purchase Type For Sale
Square Footage 87,552 sqft
Price per Sqft $68
Subdivision Mi
MLS Listing ID 60349887
Annual Tax Amount $40,156
Lot Size 6.400 Acres
Acres 6.4
Lot Dimensions 302 X 240 X 302 X 240
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 cranes—two 15-ton and two 30-ton cranes with a 40-foot span—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, GM’s first fully dedicated electric vehicle assembly plant. Following a $2.2 billion retooling, this cutting-edge facility opened in November 2021, solidifying GM’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 Detroit’s rapidly advancing manufacturing corridor. This property’s strategic location, combined with its extensive features and recent upgrades, presents an exceptional investment for those looking to capitalize on Detroit’s industrial resurgence.
Location
State MI
County Wayne
Area Detroit (82001)
Zoning Commercial,Industrial
Exterior
Waterfront No
Building
Foundation Slab
Water Public Water, Public Water at Street
Structure Type Brick
Others
Ownership Private
Assessment Amount $100
Financing Cash,Conventional
Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.
Listed by KW Domain
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