385 Mill St South Lyon, MI 48178
- Industrial land
- 2.00 lot acres
Current Use by Public Records
- G.M. Refractories, Inc / Industrial Equipment Supplier / Furnace Repair Service
- Industrial Commercial Construction / General Contractor
- South Lyon Machine Company, LLC. / Machine Shop
Property Details for 385 Mill St
- Lot size
- 2.00 lot acres
- Zone code
- IV
- Property type
- Industrial land
- APN
- 80-21-20-326-002
- APU
- 802120326002
Description
This exceptional 18,000-square-foot industrial warehouse, located at 385 N Mill St in South Lyon, Michigan, presents a compelling investment opportunity. Priced at $1,500,000 ($83.33/sq ft), this single-story, Class C building sits on a 1.33-acre lot and boasts a desirable I-1 Industrial zoning. Built in 1960, the property features an impressive 18-foot ceiling height at the ridge and 12-foot clearance at the haunch, providing ample storage and operational space. Access is facilitated by a 10' x 12' drive-in door. The warehouse is equipped with 480v buss ducts and a compressed air loop, enhancing its functionality. Power is supplied by pole-mounted transformers, feeding a main switchgear rated for 1600 amp service at 480/277 volts. Parking is available for 15 vehicles. The property's convenient location offers close proximity to downtown South Lyon. Additional land may be available for expansion. The property's APN is 21-20-326-011, and the zip code is 48178. This free-standing warehouse is ideal for a variety of industrial uses.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- South Lyon
- County
- Oakland
- State
- Michigan
- Longitude
- -83.6461
- Latitude
- 42.4632
- CBSA code
- 19820
- CBSA name
- DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA