11869 Mt Elliott St Hamtramck, MI 48212-2533
- Warehouses
- 3,000 SF
- 0.07 lot acres
Feb 05, 2025
Current Use by Public Records
- Warehouses
Property Details for 11869 Mt Elliott St
- Year built
- 1953
- Lot size
- 0.07 lot acres
- Property size
- 3,000 SF
- Zone code
- M2
- Property type
- Warehouses
- APN
- 13009520.
- APU
- 13009520
Description
This exceptional 3,000 square foot industrial warehouse, located at 11869 Mt. Elliott St in Hamtramck, Michigan, presents a unique investment opportunity. Priced at $89,000 ($29.67 per square foot), this Class C property sits on a 0.06-acre lot and boasts a newly installed roof. Built in 1953, the building features convenient vehicle access and a loading area at the rear, complete with a garage door access point. The property is zoned M-2 (Heavy Industrial) and importantly, is approved for marijuana dispensary and grow operations, per City of Detroit guidelines. This makes it ideal for a variety of uses, from traditional warehousing and manufacturing to specialized cannabis-related businesses. The interior is described as "clean as a whistle," indicating a move-in ready condition. This owner-user opportunity is perfect for a business seeking a well-maintained, strategically located industrial space in a rapidly developing area. The property's size, zoning, and permitted uses combine to create a compelling investment prospect with significant potential for growth and return. Don't miss this chance to acquire a prime industrial asset in a thriving Michigan market.
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
- Hamtramck
- County
- Wayne
- State
- Michigan
- Longitude
- -83.0384
- Latitude
- 42.4115
- CBSA code
- 19820
- CBSA name
- DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA
