55960 Grand Riv Ave, New Hudson, MI 48165-9396

This exceptional freestanding industrial warehouse, located at 55960 Grand River Ave in New Hudson, Michigan, presents a compelling investment opportunity. Boasting 25,696 square feet of space, this two-story building sits on a 2.52-acre lot and offers significant potential for various industrial uses. Built in 1970 and extensively renovated in 2018, the property features three exterior loading docks, including two drive-in doors, each measuring 10' x 10'. The warehouse benefits from a generous 18' clear height, providing ample storage and operational space. Electrical service includes 208a/600v power. The property is zoned I-1 Light Industrial and includes 30 parking spaces. The building enjoys excellent visibility and frontage on Grand River Avenue. The Net Operating Income (NOI) is a strong $237,733.90, representing a compelling return on investment. The property's parcel number is 21-03-426-002. This well-maintained and strategically located warehouse is ready for immediate occupancy and offers a rare opportunity to acquire a high-quality industrial asset in a desirable location. The asking price is $2,750,000, with a price per square foot of $107.02. The new roof installed in 2018 adds to the property's value and reduces future maintenance costs.