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Food Production Flex Suites

4731 Bellevue St Detroit, MI 48207

4731 Bellevue St, Detroit, MI, 48207
$2,900,000
For Sale
$2,900,000

Food production building offers two leased suites with shared truckwells and common area access.

Property Size45,662 SF
Price / SF$63.51
Days on Market419

Property Features for 4731 Bellevue St

General Information

Standard status
Active
Size
45,662 SF
Property subtype
Industrial

Building Details

Year Built
1963
Listing agency Signature Associates - Southfield
Listed by Peter Vanderkaay · License #6501388318
Source Cpix.resimplifi
Added: May 29, 2025 Updated: Jul 21 at 3:21AM Checked: Jul 21 at 3:21AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Signature Associates - Southfield


Investment Insights

Based on property information with market context.

Two suites are available for lease in a food production building, totaling 7,648 sq. ft. and 1,860 sq. ft. The suites provide access to shared truckwells and common area.

The property includes secured, covered parking to support day-to-day operations. A tenant improvement allowance is available for qualified tenants.

The building is also being offered for sale.

Key Highlights

  • Food production building built in 1963
  • Two available lease suites: 7,648 SF and 1,860 SF
  • Shared truckwells and access to common areas for both suites

Local Financial Insights For Industrial

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $334.2k $7.32
− Vacancy −$17.0k −$0.37
EGI $317.3k $6.95
− OpEx −$95.2k −$2.08
NOI $222.1k $4.86
45,662 SF · lease $7.32/SF/yr · vacancy 5.08% · expense 30.00%

Alternative Uses

Best Use
Flex RnD
$4.68M
$4.10M – $5.46M (±1% cap)
NOI $327,671 @ 7.0% cap · market cap 11.30%
Second Best
Industrial
$3.17M
$2.78M – $3.70M (±1% cap)
NOI $222,086 @ 7.0% cap · market cap 7.66%
Theoretical Best
Office A
$10.07M
$8.81M – $11.75M (±1% cap)
NOI $705,125 @ 7.0% cap · market cap 24.31%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Location Intelligence

Current Use by Public Records

Fresh Coast Baking ... Food Processing Plant

Suggested Use

Real Estate Agency Law Firm Building Supply Dental Office Restaurant Spa & Massage Center Nail Salon Hair Salon Gym & Fitness Center Kitchen & Bath Showroom

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Manufacturing property - Food production building offers two leased suites with shared truckwells and common area access.
Where is this manufacturing property located?
The property is located at 4731 Bellevue St Detroit, MI.
What is the asking price?
The asking price for this property is $2,900,000.
What are key features of this property?
This property features: Food production building built in 1963; Two available lease suites: 7,648 SF and 1,860 SF; Shared truckwells and access to common areas for both suites
Contact an agent
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