Property summary
This 15,150 square foot industrial building, located at 2933 Trowbridge Street in Hamtramck, Michigan, presents a compelling investment opportunity. The property, situated on a 0.35-acre lot, is zoned CBD (Central Business District) and offers versatile space suitable for various industrial and manufacturing uses. Built in 1929, the well-maintained structure features two grade-level overhead doors, providing convenient access for loading and unloading. The asking price is $500,000, translating to $33 per square foot. Its prime location offers easy access to major transportation arteries, including the Davison Freeway and I-75, ensuring efficient logistics. The property is available for occupancy beginning March 14, 2024. The Wayne County Assessor's Parcel Number (APN) is 41 006 02 0080 000. This historic building combines timeless appeal with a strategic location, making it an attractive option for investors seeking a foothold in the dynamic Hamtramck market. The property's classification includes distribution, flex, and warehouse space.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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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
Zoning
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