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555 Grove St Wyandotte, MI 48192

79,750 SF Warehouse/Manufacturing

Overview

Added:
Dec 11, 2024
Days on market:
132
This exceptional industrial property in Wyandotte, Michigan, offers a unique investment opportunity. Comprising three buildings totaling 79,750 square feet on a 4.76-acre lot, this campus presents versatile options for owner-occupancy or investment. One building features 47,250 square feet of heavy power, high-bay space with 13 cranes (including four 25-ton units), 4,600 square feet of office space, and clear heights ranging from 20 to 35 feet. This building also includes 15 loading docks, one dock-high door, six grade-level doors, and 3600 amps of 3-phase power. A fenced, paved storage yard and 64 parking spaces are also available. A second building offers 18,000 square feet of heavy power, high-bay space with five cranes (including three 10-ton units), 950 square feet of office space, and clear heights between 21 and 28 feet. This building includes five grade-level doors, 1200 amps of 480-volt, 3-phase power, and a small yard for additional storage. Finally, a 14,500-square-foot traditional warehouse with 1,000 square feet of office space, 18-foot clear height, four grade-level doors, one exterior loading dock, and 3-phase power is included. This building is currently 100% occupied by a tenant under a NNN lease with annual rent increases until January 1, 2028, with early termination possible for a user buyer. The property is zoned for industrial use and is located in Wayne County, Michigan, with the address encompassing 550, 580 Hillsdale Street and 555 Grove Street, zip code 48192. The buildings can be purchased individually or as a campus. The land value is $73-$78 per square foot. The campus is situated near vacated Albion Street, offering potential for additional parking. The buildings were constructed in 1989 and are single-story structures.

Highlights

  • 47,250 SF heavy power, high-bay warehouse with cranes.
  • 4,600 SF of office space.
  • Clear heights of 20', 24', and 35'.
  • Six (6) 12'x14' and 14'x14' grade-level doors.
  • One (1) exterior loading dock.
  • Thirteen (13) cranes: four (4) 25-ton, one (1) 10-ton, one (1) 5-ton, two (2) 2-ton, and five (5) 0.5-1-ton jib cranes.

Property Details for 555 Grove St

Property type
Warehouses, Industrial properties
Square Feet
79,750 SF
Year Built
1989
Buildings
1
Stories
1
Lot Size (sq. ft)
207,346 SF

Location Insight

City
Wyandotte
County
Wayne
State
Michigan
Latitude
42.1923642
Longitude
-83.1566852

FAQs

What type of property is this?
Warehouse - 79,750 SF Warehouse/Manufacturing
Where is the warehouse located?
The property is located at 555 Grove St Wyandotte, MI.
What are key features of this property?
This property features: 47,250 SF heavy power, high-bay warehouse with cranes.; 4,600 SF of office space.; Clear heights of 20', 24', and 35'.
How can I contact the broker?
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555 Grove St
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