For Sale
$11,750,000

31440 Stephenson Hwy Madison Heights, MI 48071

134,444 SF Distribution/Manufacturing

Overview

Added:
Dec 11, 2024
Days on market:
131
This exceptional 134,444-square-foot industrial property, situated on a 10-acre lot in Madison Heights, Michigan (48071), presents a compelling investment opportunity. Built in 1955, the facility boasts a versatile layout ideal for distribution and manufacturing operations. The building features a substantial 10,500 square feet of office space, complementing the expansive warehouse area. High ceilings, ranging from 20 to 28 feet, provide ample vertical space for various industrial uses. Efficient operations are supported by six dock-high doors and multiple overhead grade doors, ensuring seamless loading and unloading. The property also includes a five-ton crane, extensive power distribution, compressed air lines, and dedicated testing labs, catering to a wide range of manufacturing needs. The substantial paved exterior lot offers ample storage and significant potential for future expansion. The asking price is $11,750,000, translating to $84.62 per square foot. This property is strategically located at 31440 Stephenson Hwy, in Oakland County, offering easy access to major transportation routes. Lease options may be available. This is a rare opportunity to acquire a well-equipped, expansive industrial facility in a prime location.

Highlights

  • 134,444 SF industrial building on a 10-acre lot in Madison Heights, MI (48071).
  • Built in 1955, ideal for distribution and manufacturing.
  • Features 10,500 SF of office space, 20-28' ceilings, six dock-high doors, and multiple grade-level doors.
  • Includes a five-ton crane, extensive power, compressed air, and testing labs.
  • Ample paved yard space; asking price: $11,750,000 ($84.62/SF); lease options available.

Property Details for 31440 Stephenson Hwy

Property type
Industrial properties, Manufacturing properties
Square Feet
134,444 SF
Year Built
1955
Lot Size (sq. ft)
435,600 SF

Location Insight

City
Madison Heights
County
Oakland
State
Michigan
Latitude
42.5239147
Longitude
-83.1178096

FAQs

What type of property is this?
Industrial property - 134,444 SF Distribution/Manufacturing
Where is the industrial property located?
The property is located at 31440 Stephenson Hwy Madison Heights, MI.
What is the asking price?
The asking price for this property is $11,750,000.
What are key features of this property?
This property features: 134,444 SF industrial building on a 10-acre lot in Madison Heights, MI (48071).; Built in 1955, ideal for distribution and manufacturing.; Features 10,500 SF of office space, 20-28' ceilings, six dock-high doors, and multiple grade-level doors.
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31440 Stephenson Hwy
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