11201 Morang Dr Detroit, MI 48224
- Retail space
- 11,080 SF
- 0.18 lot acres
Current Use by Public Records
- Retail space
Property Details for 11201 Morang Dr
- Year built
- 1950
- Lot size
- 0.18 lot acres
- Property size
- 11,080 SF
- Zone code
- B4
- Property type
- Retail space
- APN
- 21076923.002L
- APU
- 21076923002L
Description
This 11,080 square foot industrial warehouse, situated on a 0.18-acre lot in Detroit, MI, at 11201 Morang, presents a compelling investment opportunity. Ideally located on the border of Grosse Pointe Woods, this property benefits from excellent visibility and accessibility. Currently configured as a tire shop and storage facility, the building's versatile layout allows for a variety of commercial uses. Recent upgrades include a brand-new roof and completely new electrical wiring, significantly reducing upfront capital expenditures for the new owner. The existing infrastructure provides a solid foundation for immediate occupancy or customization to suit specific business requirements. The property's prime location offers easy access to major transportation routes, enhancing logistical efficiency for businesses relying on efficient distribution networks. This is an exceptional chance to acquire a well-maintained industrial space in a thriving area, offering significant potential for growth and return on investment. The asking price for this exceptional property is $275,000. Serious inquiries are encouraged.
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
- Detroit
- County
- Wayne
- State
- Michigan
- Longitude
- -82.9441
- Latitude
- 42.4234
- CBSA code
- 19820
- CBSA name
- DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA
