4300 7th Mile Rd Detroit, MI 48234-2018
- Auto shops
- 6,240 SF
- 0.34 lot acres
Aug 28, 2023
Current Use by Public Records
- Auto shops
Property Details for 4300 7th Mile Rd
- Year built
- 1953
- Lot size
- 0.34 lot acres
- Property size
- 6,240 SF
- Zone code
- B4
- Property type
- Auto shops
- APN
- 13008293-8
- APU
- 130082938
Description
This 6,254-square-foot warehouse, located at 4300 Seven Mile E, Detroit, MI 48234, presents a compelling redevelopment opportunity. Situated on a 0.43-acre lot (APN 130082938), this Class C industrial property boasts a recent 2023 renovation, including a new roof and paint. The building, constructed in 1953, features three dock-high doors, providing excellent access for loading and unloading. Exterior walls are comprised of secure steel panels, enhancing overall building security. The property includes a large fenced yard, ideal for outdoor storage. Interior improvements are underway, with plumbing roughed-in for two bathrooms. The property is currently vacant and zoned B-4, offering flexibility for various uses. The asking price is $259,000, translating to $41.41 per square foot. This single-story building offers significant potential for investors seeking a mixed-use redevelopment project in a prime Detroit location. The property's strategic location in Wayne County, Michigan, provides easy access to major transportation routes and a thriving urban environment. This is a rare opportunity to acquire a well-maintained, secure warehouse with significant upside potential. The combination of recent renovations, ample outdoor space, and strategic location makes this property an attractive investment.
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Location Insight
- Map
- Local Demand
- City
- Detroit
- County
- Wayne
- State
- Michigan
- Longitude
- -83.0606
- Latitude
- 42.433
- CBSA code
- 19820
- CBSA name
- DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA