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20530 Hoover Street Detroit, MI $ 3,250,000
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$ 3,250,000 Get more info
20530 Hoover Street
$ 3,250,000
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20530 Hoover Street

Detroit, MI, 48205
$ 3,250,000
Baths0.0 Sq 40,300

Monthly Estimate*

$ 21,601

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View a Virtual Tour
Studio

Commercial Property for sale in Detroit, MI

for $3,250,000. This 40,300 square foot building was built in 1955 on a lot size of 1.5.

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.

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Commercial Active

Price

$ 3,250,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 9,931

Style

Lot Size

1.5

Year Built

1955

Town/City

Detroit

County/Region

Wayne

MLS | Web ID

20240029141
Features
General
Sewer Public Sewer (Sewer-Sanitary)
Heating Forced Air
Possession At Close
Zoning Light Industrial
Year Built 1955
Property Type Commercial
Subdivision Name MORE THAN ONE SUBDIVISION INVOLVED
Transaction Type Sale
Status Active
Short Sale No
Construction Materials Block/Concrete/Masonry
Cumulative Days on Market 32
MLS Area Det 8 To Gratiot/Houston To 7
Directions South of 8 Mile Road West of Groesbeck Hwy
City Detroit
Terms Offered Cash Contract
School District Detroit
Land Contract 1
Ownership Status Short Sale - No Private Owned
Assessment 100.00
Total Sq Ft 40300
DOM 32
Taxes 9931.0000
Legal Description E HOOVER THAT PT OF N 1/2 OF N W 1/4 OF N W 1/4 SEC 2 T 1 S R 12 E DESC AS FOLS BEG AT A PTE IN W LINE REID HWY DIST S 29D 41M 20S W 374.39 FT FROM S LINE 8 MI RD 204 FT TH CONT ALG SD W LINE S 29D 4
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Exterior
Waterfront 0
Lot Size Area 1.50
Water Source Public (Municipal)
Foundation Slab
Lot Size Dimensions 269 x 214 x 232 x 350
Roof Material Rubber
Architecture Level 1 Story
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Internal Only
Originating MLS Realcomp II Ltd
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* Excluded Features
List By
Actavia Romaya

Listing Agent

Odessa Properties

Broker

(586) 337-6800

Phone

Affordability Calculator

$22,428
Per Month
96%
4%
0%
Monthly Principal & Interest
$21,601
Monthly Property Taxes
$828
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
848539 Elementary School
848135 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
5/20/2024$3,250,000 Listed Price

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20530 Hoover Street, Detroit, MI, 48205 is a Commercial Property for sale at $3,250,000 with 40,300 sqft and a lot size of 1.5. 20530 Hoover Street is a studio with 0.0 baths and was built in 1955. The property's zip code is 48205 which is in Detroit, MI

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