55960 Grand Riv Ave New Hudson, MI 48165-9396
- Warehouses
- 25,697 SF
- 2.52 lot acres
Aug 07, 2025
Current Use by Public Records
- PC Server & Parts / Used Computer Store / Computer Hardware Manufacturer
Property Details for 55960 Grand Riv Ave
- Year built
- 1970
- Lot size
- 2.52 lot acres
- Property size
- 25,697 SF
- Zone code
- II
- Property type
- Warehouses
- APN
- K -21-03-426-002
- APU
- K2103426002
Description
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.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- New Hudson
- County
- Oakland
- State
- Michigan
- Longitude
- -83.6051
- Latitude
- 42.5102
- CBSA code
- 19820
- CBSA name
- DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA
