Property profile

32129 Block St Garden City, MI 48135

OFF-MARKET
Warehouses
Property ID
US43-3978276
5,421 SF 0.62 ac lot Built 1985
Entity Owned Absentee Owner Free & Clear
Saved · see the list in your Dashboard

Property summary

AI-generated overview

This exceptional 5,703 square foot creative office space, located at 32129 Block St in Garden City, Michigan (48135), presents a unique investment opportunity. The single-story, Class C building, constructed in 1985, sits on a 2-acre lot and is currently vacant. Recently renovated and expanded, the property boasts a light manufacturing permitted zoning, offering versatility for various creative businesses. All equipment, including state-of-the-art kilns and specialized tools, is included in the sale price of $1,600,000 ($280.55/sq ft). The building's history includes a decade-long successful ceramics business, demonstrating its suitability for creative endeavors. The previous owners are available for a transitional period to ensure a smooth handover. The property's strong financial history and potential for expansion make it an attractive investment with significant growth opportunities. This is a rare chance to acquire a well-equipped, established space in a prime location with a proven track record of success. The property is ready for immediate occupancy and offers a unique blend of functionality and creative potential.

Property profile

Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1985
Total area 5,421 SF
Lot 0.62 ac (27,007 SF)
APN 35 004 05 0003 000
UPID US43-3978276

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Theater & Performing Art Venue

Location

32129 Block St Garden City, MI 48135-1504
Garden City metro Census 569400 DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$110k

Owner & transaction history

since 2026
2 recorded transactions
2026
$740,000
2018
$140,000

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 32129 Block St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message