629 Minnesota Rd Troy, MI 48083
- Warehouses
- 6,800 SF
- 0.66 lot acres
Current Use by Public Records
- Warehouses
Property Details for 629 Minnesota Rd
- Year built
- 1972
- Lot size
- 0.66 lot acres
- Property size
- 6,800 SF
- Property type
- Warehouses
- Property subtype
- Industrial properties
Description
This exceptional 6,800 square foot industrial warehouse in Troy, Michigan, presents a compelling investment opportunity. Located in the IB Integrated Industrial Business District, this Class C property boasts a convenient location just one mile east of the I-75 14 Mile exit. Built in 1972, the single-story building features a 14-foot ceiling height and two 12' x 12' grade-level doors. The property includes a fenced parking lot with 40 spaces and sits on a 0.66-acre lot. The warehouse is temperature-controlled with air conditioning and ductwork throughout. Currently configured as a duplex, the property offers 3,600 square feet of vacant space, ideal for an owner-user, and 3,200 square feet leased to a long-term tenant, providing immediate income potential. The asking price is $750,000, translating to $131.62 per square foot. The property's APN is 20-36-401-029. This well-maintained property offers a blend of immediate income and future expansion potential, making it an attractive investment in a prime Troy location.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Troy
- County
- Oakland
- State
- Michigan
- Longitude
- -83.0968
- Latitude
- 42.5407
