For Sale
$675,000

5151 Bellevue St Detroit, MI 48211

87,000 SF Detroit Warehouse, $675K

Overview

Added:
Dec 11, 2024
Days on market:
138
This exceptional three-story industrial building, designed by Albert Kahn and built in 1925, presents a unique investment opportunity in Detroit, Michigan. Located at 5151 Bellevue Street, this 87,000 square foot property sits on a 1.8-acre lot in Wayne County, zip code 48211. The building features 14-foot ceilings throughout its three stories and boasts two loading docks. Zoned M4, this multi-tenant property is currently vacant but has a rich history as a warehouse, having housed several prominent companies. The asking price is $675,000, translating to a low acquisition cost of $7.75 per square foot. The property benefits from its location near major freeways (I-94 and I-75) and its designation as an Opportunity Zone. The seller possesses a clean environmental report. This is a rare chance to acquire a substantial Albert Kahn-designed industrial building in a prime Detroit location. The property's size, location, and historical significance make it an attractive investment prospect. The building's adaptable layout offers potential for various industrial uses, including distribution, manufacturing, and warehousing.

Highlights

  • Opportunity Zone designation.
  • Low acquisition cost of $7.75 per square foot.
  • Albert Kahn-designed building.
  • Prime location near I-94 and I-75.

Property Details for 5151 Bellevue St

Property type
Warehouses, Industrial properties
Square Feet
87,000 SF
Year Built
1925
Stories
3
Lot Size (sq. ft)
78,408 SF

Location Insight

City
Detroit
County
Wayne
State
Michigan
Latitude
42.3735041
Longitude
-83.0250278

FAQs

What type of property is this?
Warehouse - 87,000 SF Detroit Warehouse, $675K
Where is the warehouse located?
The property is located at 5151 Bellevue St Detroit, MI.
What is the asking price?
The asking price for this property is $675,000.
What are key features of this property?
This property features: Opportunity Zone designation.; Low acquisition cost of $7.75 per square foot.; Albert Kahn-designed building.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
5151 Bellevue St
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message