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20530 Hoover Rd

40,300 SF Industrial Building Detroit, MI 48205 $4,424,742 CAD ($110 CAD/SF)

Investment Highlights

  • Building Size: 40,300 Square Feet
  • Available on Land Contract
  • Lot Size: 1.50 Acres
  • Heavy Power Supply

Executive Summary

Prime location on 8 Mile and Groesbeck Highway! Pristine building perfect for any Industrial and/or Manufacturing users.This building spans 40,300 SF and is an exceptional opportunity for businesses seeking a strategic location in Detroit, MI! Nothing was spared on the properties mechanical, plumbing and electrical upgrades which are all brand new including but not limited to a brand new roof (2023) with 20-year warranty, power panels with 480 Volts, 3,000 amps and 2,100 KVA, fire suppression system, plumbing, etc. Brand new office space up front with epoxy floors, kitchenette, bathrooms, and direct access to the warehouse. Property is available for Sale, for Lease and for Sale on a Land Contract. For inquiries or to schedule a tour, please contact us today.

Taxes & Operating Expenses (Actual - 2024) Click Here to Access

Annual (CAD) Annual Per SF (CAD)
Taxes $99,999 $9.99
Operating Expenses $99,999 $9.99

Taxes & Operating Expenses (Actual - 2024) Click Here to Access

Taxes (CAD)
Annual $99,999
Annual Per SF $9.99
Operating Expenses (CAD)
Annual $99,999
Annual Per SF $9.99
Total Expenses (CAD)
Annual $99,999
Annual Per SF $9.99

Property Facts

Price $4,424,742 CAD
Price Per SF $110 CAD
Sale Type Owner User
Property Type Industrial
Property Subtype Warehouse
Building Class C
Lot Size 1.50 AC
Rentable Building Area 40,300 SF
No. Stories 1
Year Built/Renovated 1955/2024
Tenancy Single
Parking Ratio 0.5/1,000 SF
Clear Ceiling Height 22 ft
No. Dock-High Doors/Loading 4
No. Drive In / Grade-Level Doors 4

Amenities

  • Courtyard

Utilities

  • Water - City
  • Sewer - City

Space Availability

  • Space
  • Size
  • Space Use
  • Condition
  • Available
  • 1st Floor
  • 40,300 SF
  • Industrial
  • -
  • Now
Space Size Space Use Condition Available
1st Floor 40,300 SF Industrial - Now

1st Floor

Size
40,300 SF
Space Use
Industrial
Condition
-
Available
Now

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
21-036380
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$359,007 CAD
Annual Taxes
-$1 CAD ($0.00 CAD/SF)
Tax Year
2024

zoning

Zoning Code M-3 (General Industrial District M-3 (Green Zone Approved))
M-3 (General Industrial District M-3 (Green Zone Approved))
  • Listing ID: 31866364

  • Date on Market: 2024-05-20

  • Last Updated:

  • Address: 20530 Hoover Rd, Detroit, MI 48205

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