For Lease
$8.50/SF/YR

17242 Greydale AveDetroit, MI 48219

12,040 SF Warehouse/Storefront, Detroit

Property records and analytics

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional 12,040-square-foot warehouse and storefront property, located at 17242 Greydale Ave, Detroit, MI 48219, presents a unique investment opportunity. Situated on a 0.63-acre lot (27,387 square feet), this single-tenant building boasts a prime location in the revitalizing Old Redford submarket, near the Redford Theatre and a thriving community village. Built in 1940 and extensively renovated in 2020, the property features a 16-foot clear ceiling height, two drive-in doors, and ample parking for 20 vehicles. The flexible space, zoned B3, is ideal for various uses including retail, industrial, manufacturing, distribution, or a creative studio. The open floor plan offers 12,040 square feet of vacant space, ready for immediate occupancy. The building benefits from a new roof and twelve rooftop AC units. This property offers high visibility due to its location at a major intersection. Available November 1, 2024, this property is also available for sale and is located in an Opportunity Zone.

Highlights

  • $77,000 roof replacement (TPO, 2-layer insulation); 3 years old.
  • $69,000 electrical upgrade; 1000-amp CT cabinet, six 200-amp panels (two single-phase, four three-phase).
  • $28,000 new floor drains; 18 months old.
  • $33,000 plumbing and bathroom renovation; new PEX lines and fittings.
  • $72,000 HVAC upgrade; twelve 5-ton rooftop units.
  • $9,000 new 150K BTU warehouse heater.

Property Details for 17242 Greydale Ave

Property type
Warehouses, Retail properties
RSF (Rentable sq. ft)
12,040 SF
Year Built/Renovated
1940/2020
Buildings
1
Stories
1

Unit(s) available at that property

Space
Size
12,040 SF
Rate per SF
$8.50

Location Insight

City
Detroit
County
Wayne
State
Michigan
Latitude
42.416689321676
Longitude
-83.256466681416
17242 Greydale Ave, Detroit, Michigan

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Contacts

Jason Gage
Jason Gage
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17242 Greydale Ave, Detroit, Michigan, 48219

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Disclaimer

The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.

We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.

By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.

17242 Greydale Ave
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    Jason Gage
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