Property summary
This exceptional light industrial property, located at 1309 W Lorain in Monroe, MI, offers a versatile 11,460 square foot building on a 1.07-acre lot. The property boasts a well-designed layout combining functional workspace with ample storage. A significant 7,250 square feet is dedicated to warehouse space, featuring two truck bays equipped with convenient loading docks. The high ceilings, measuring 14 feet, provide ample vertical space for various industrial needs. For administrative functions, 1,440 square feet of professional office space is included, complete with three private offices and a dedicated conference room, ideal for meetings and collaborative work. The property's strategic location offers easy access to transportation routes. Three-phase electric service is readily available at a pole adjacent to the building, ensuring sufficient power for industrial operations. Adding to its appeal, an additional half-acre parcel across the street is included, providing valuable extra space for parking or potential expansion. Flexible financing options, including land contract terms, are available to facilitate a smooth acquisition process. This property presents a unique opportunity for businesses seeking a well-equipped and strategically located industrial space. The combination of office and warehouse space, along with the additional land, makes this an attractive investment.
Property profile
VerifiedCap rate & NOI
Current use
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Production Facility
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Construction Company General Contractor
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
R-1A · Monroe, MIZoning
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