313 Visger St Ecorse, MI 48229
- Industrial properties
- 3,048 SF
- 0.22 lot acres
Current Use by Public Records
- Industrial properties
Property Details for 313 Visger St
- Year built
- 1959
- Lot size
- 0.22 lot acres
- Property size
- 3,048 SF
- Property type
- Industrial properties
Description
This 3,048 square foot industrial building, located at 313 Visger in Ecorse, Michigan, presents a unique investment opportunity. Situated on a 0.22-acre lot, the property is currently listed at $299,000. It's important to note that this property is subject to eminent domain proceedings initiated by the City of Ecorse for public use. This means that the city has initiated legal action to acquire the property for a public purpose. The ultimate outcome of these proceedings is uncertain and will impact the final disposition of the property. Potential buyers should conduct thorough due diligence and consult with legal counsel to fully understand the implications of the eminent domain action before making an offer. The property's current condition and suitability for various uses should be independently verified. While the square footage is substantial for an industrial space in this location, the eminent domain process introduces significant risk and uncertainty to any potential transaction. Interested parties are strongly advised to carefully consider all aspects of this situation before proceeding. All information provided is believed to be accurate but is not guaranteed. The buyer is responsible for verifying all details independently. This is a unique opportunity with inherent risks associated with the eminent domain proceedings.
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
- Ecorse
- County
- Wayne
- State
- Michigan
- Longitude
- -83.1444
- Latitude
- 42.2598
