14225 Schaefer Hwy Detroit, MI 48227
For Lease
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Property summary
This 44,000-square-foot industrial building in Detroit, Michigan, is available for sale or lease. Situated on a 1.76-acre lot, this single-story structure boasts a 13-foot ceiling height and 600 amps of power. The property features nine suites, with a minimum divisible space of 20,000 square feet and a maximum contiguous space of 44,000 square feet. Currently, the entire 44,000 square feet is vacant. The building is zoned M4 and is ideally suited for various uses, including self-storage, warehousing, processing, manufacturing, commissary operations, trucking, and cannabis cultivation and processing (City of Detroit approved). Key features include a private fenced property, multiple units separated by firewalls, and a central location near major highways and downtown Detroit/Canada. The building has received special land use approval from the City of Detroit for cannabis cultivation and processing. This exceptional property presents a unique opportunity for a variety of businesses seeking a strategically located and versatile industrial space.
Property profile
VerifiedCap rate & NOI
Value estimations
Owner & transaction history
Zoning & alternative use
ff. 5-28-2005) Sec. 50-7-4. - Industrial Districts. Industrial districts within the City are as follows: (1) M1 Limited Industrial District. (2) M2 Restricted Industrial District. (3) M3 General Industrial District. (4)…
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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from $99/month
Cap rate
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from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
M4 · Detroit, MIff. 5-28-2005) Sec. 50-7-4. - Industrial Districts. Industrial districts within the City are as follows: (1) M1 Limited Industrial District. (2) M2 Restricted Industrial District. (3) M3 General Industrial District. (4)…
Zoning
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Zoning designation
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The district profile from the municipal source: what is on file for M4 in Detroit, MI.
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