2600 Grand Blvd Detroit, MI 48211
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Prime Detroit location, approved grow facility, high potential.
Property size:
73,000 SFProperty Features for 2600 Grand Blvd
General Information
- Property type
- Distribution properties
- Square Feet
- 73,000 SF
- Lot Size
- 70,132 SF
Building Details
- Year Built
- 1934
- Buildings
- 1
- Stories
- 2
Listing Agency: O'Connor Real Estate Listing Agent: Vincent Mazzola
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
This exceptional 73,000 square foot industrial building, located at 2600 E Grand Blvd in Detroit, Michigan, presents a unique investment opportunity. Situated on a 1.61-acre lot in the vibrant Milwaukee Junction area, this two-story structure boasts a rich history, having served various industrial purposes since its construction in 1934. Currently vacant, the property offers significant potential for redevelopment. The building features 12-foot ceilings and two loading docks, making it suitable for a variety of uses. Importantly, this property has received city approval for operation as both a Marijuana Grower Facility (MGF) and a Marijuana Processing Facility (MPF), opening doors to a lucrative and expanding market. Zoned M4, the property's versatility extends beyond its approved uses, presenting opportunities for mixed-use development. The asking price is $2,750,000, translating to $37.67 per square foot. This NNN lease property is an excellent investment in a rapidly developing area, offering substantial returns for the discerning buyer. The property's location within an Opportunity Zone further enhances its investment appeal. This is a rare chance to acquire a large-scale industrial property with significant upside potential in a prime Detroit location. The property's history includes use by the American Wood Grain Co. and the Peschke Meat Packing Co. This building is ready for its next chapter.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Caramagno Foods
Big Box & Wholesale Store
Location Insight
- Map
- Local Demand
- City
- Detroit
- County
- Wayne
- State
- Michigan
- Longitude
- -83.0567734
- Latitude
- 42.3769096
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FAQs
What type of property is this?
Distribution property - Prime Detroit location, approved grow facility, high potential.
Where is this distribution property located?
The property is located at 2600 Grand Blvd Detroit, MI.
What is the asking price?
The asking price for this property is $2,750,000.
What are key features of this property?
This property features: 73,000 SF industrial building on a 1.61-acre lot in Detroit's Milwaukee Junction.; City-approved for Marijuana Grower and Processing Facilities.; Located in an Opportunity Zone, offering significant tax advantages.
