New Hudson Investment
56495 Grand River Ave, New Hudson, MI 48165
Investment property with long-term lease potential in growing New Hudson.
Type:Industrial
Property size:
19,800 SFPrice / SF:
$108/SF- Added:
- Sep 21, 2020
- Days on Market:
- 2070
- Last Refresh:
- May 19 at 10:22 pm
Property Features for 56495 Grand River Ave
General Information
- Standard status
- Active
- Size
- 19,800 SF
- Property subtype
- Industrial
Building Details
- Year Built
- 1948
Listing agent Leo Gonzalez License #MI 6502126741
Listing office CRS, Commercial Real Estate Services
Listing date Sep 21, 2020
Source Crexi
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 CRS, Commercial Real Estate Services
HighLights
- Long‑term lease opportunity with a well‑known distillery (10 years, 9,360 sf NNN), providing immediate rental income.
- Located in a rapidly growing community with significant new home construction (600+ annually) and job creation (1000+ annually).
- Rezoned area in downtown New Hudson, supporting future mixed‑use development and new business growth.
- Existing tenant (pool company) occupying 6,480 sf.
- Potential for additional rental income by backfilling remaining +/-3,960 sf with a new tenant; landlord willing to provide a placeholder lease.
- Equipped with two commercial kitchens, a large office area, and a warehouse with truck bays, offering versatile usage options.
Overview
This investment property is located in downtown New Hudson, an area rezoned to support future mixed-use projects aimed at expanding the downtown area. The community is experiencing growth, with over 600 new homes and 1,000 jobs added annually through its expanding corporate industrial base, making it one of the top growth communities in Southeast Michigan. The sale includes a lease agreement with a distillery, willing to sign a 10-year NNN lease for 9,360 square feet; the final terms of this lease are negotiable between the buyer and tenant. Additionally, a pool company occupies 6,480 square feet. The landlord is open to signing a placeholder lease at market rents for a one-year term, allowing the buyer to backfill the remaining approximately 3,960 square feet with a permanent tenant at market rent. The 19,800-square-foot building offers many potential uses and is fully equipped with two commercial kitchens, a large office area, and a large warehouse space with truck bays. This property is located on Grand River, east of Milford Road.
Property Profile
Location Intelligence
Current Use by Public Records
Road Runner Camera ...
Car Dealership
Location Insight
- Map
- Local Demand
- City
- New Hudson
- County
- Oakland
- State
- Michigan
- Longitude
- -83.6111749
- Latitude
- 42.5093307
Nearby Similar for Sale
FAQs
What type of property is this?
Flex space - Investment property with long-term lease potential in growing New Hudson.
Where is this flex space located?
The property is located at 56495 Grand River Ave New Hudson, MI.
What is the asking price?
The asking price for this property is $2,150,000.
What are key features of this property?
This property features: Long‑term lease opportunity with a well‑known distillery (10 years, 9,360 sf NNN), providing immediate rental income.; Located in a rapidly growing community with significant new home construction (600+ annually) and job creation (1000+ annually).; Rezoned area in downtown New Hudson, supporting future mixed‑use development and new business growth.
