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    17850 Mount Elliott St Hamtramck, MI 48212

    Sponsored
    For Sale
    $330,000

    5,760 SF Warehouse, .55 Acres, $330K

    Property size:
    5,760 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 5,760-square-foot industrial distribution center in Hamtramck, Michigan, presents a compelling investment opportunity. Located at 17850 Mt Elliott St, 48212, this property boasts a clean interior and several recent improvements, making it ready for immediate occupancy. The building sits on a sizable .55-acre lot, including adjacent parcels to the north and south, offering potential for expansion or future development. Currently utilized as a rental hall, the property is equipped with 240V 3-phase power and is fully air-conditioned. A newer roof with a warranty provides peace of mind. The M2 zoning allows for a variety of uses. The asking price is $330,000. Additional furniture and equipment are available for purchase, providing a turnkey solution for a new business or expansion. This property offers a rare combination of size, location, and recent upgrades, making it an ideal choice for a variety of industrial or distribution needs. The ample land area provides significant flexibility for future growth and development within the thriving Hamtramck market. Wayne County location offers easy access to major transportation routes.

    Property Features for 17850 Mount Elliott St

    General Information

    Property type
    Distribution properties
    Square Feet
    5,760 SF

    HighLights

    • 5,760 SF building on a 0.55‑acre lot.
    • M2 Zoning.
    • New roof with warranty.
    • Fully air‑conditioned.
    • 240V 3‑phase power.
    • $330,000 sale price.
    Property Profile Location Intelligence

    Current Use by Public Records

    Distribution centers

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Hair Salon Auto Repair Shop Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Hamtramck
    County
    Wayne
    State
    Michigan
    Longitude
    -83.038576470732
    Latitude
    42.425694767896

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    FAQs

    What type of property is this?
    Distribution property - 5,760 SF Warehouse, .55 Acres, $330K
    Where is this distribution property located?
    The property is located at 17850 Mount Elliott St Hamtramck, MI.
    What is the asking price?
    The asking price for this property is $330,000.
    What are key features of this property?
    This property features: 5,760 SF building on a 0.55-acre lot.; M2 Zoning.; New roof with warranty.
    Request Owner's contact information
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    17850 Mount Elliott St Hamtramck, MI 48212
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