545 Milwaukee Ave Detroit, MI 48202

This exceptional 2,550-square-foot industrial property, located at 545 E Milwaukee Ave in Detroit, Michigan, presents a compelling investment opportunity. Built in 1946 and extensively renovated in 2023, this single-story building boasts a desirable flex space configuration suitable for various industrial and research & development uses. The property features a 13.4-foot clear ceiling height, one 10 x 14-foot overhead dock high door, and ample 400-amp power, ensuring operational efficiency. The M3 zoning allows for a wide range of permitted uses. Situated on a 0.07-acre lot, the property includes two parking spaces, offering convenient access for employees and clients. Its strategic location provides quick access to I-75, a significant advantage for logistics and transportation. Furthermore, the surrounding area is experiencing significant growth, with nearby developments including an EV battery plant, a 400-unit mixed-use development, and a 161-unit loft complex, indicating a vibrant and expanding neighborhood. The property is currently vacant, presenting an immediate opportunity for owner-users to establish their operations in a prime Detroit location. The asking price is $500,000, translating to $196.08 per square foot. This represents a strong value proposition given the property's recent renovations, strategic location, and the potential for future appreciation in a rapidly developing area. The walkable neighborhood offers numerous restaurants and bars, adding to the overall appeal of this exceptional industrial property.