350 Hubbard St Mount Clemens, MI 48043
- Warehouses
- 35,600 SF
- 1.18 lot acres
Current Use by Public Records
- Warehouses
Property Details for 350 Hubbard St
- Year built
- 1963
- Lot size
- 1.18 lot acres
- Property size
- 35,600 SF
- Property type
- Warehouses
- Property subtype
- Industrial properties
Description
This exceptional investment opportunity presents a 35,600-square-foot warehouse located at 350 Hubbard St, Mt. Clemens, MI 48043. The property, built in 1963, sits on a 1.18-acre lot and is currently 100% occupied by Sequoia Tool Inc. under a month-to-month lease at a rate of $12,311.66 NNN. The single-story Class B building features 20-foot ceilings, three 12'x14' grade-level loading docks, a double interior truckwell, and ample parking/storage within a fenced lot. The warehouse boasts 480 Volt/1000 Amp power, buss duct, and radiant heat. Included in the 35,600 square feet is 4,200 square feet of office space and a 1,100 square foot breakroom/mezzanine. The property is fully sprinklered and zoned for light industrial use within a Hub Zone, offering convenient access to major thoroughfares, including Hall Road (M-59) and I-94. The asking price is $1,999,000, translating to $56.15 per square foot. This is a core investment with a single tenant and strong potential for future growth. The APN is 05-11-10-426-019.
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
- Mount Clemens
- County
- Macomb
- State
- Michigan
- Longitude
- -82.8965
- Latitude
- 42.6039
