629 Minnesota RdTroy, MI 48083

Property Details for 629 Minnesota Rd

Year built

1972

Lot size

0.66 AC

Property size (Sq ft)

6,800 SF

Property type

Warehouses

Property subtype

Industrial properties

Description

This exceptional 6,800 square foot industrial warehouse in Troy, Michigan, presents a compelling investment opportunity. Located in the IB Integrated Industrial Business District, this Class C property boasts a convenient location just one mile east of the I-75 14 Mile exit. Built in 1972, the single-story building features a 14-foot ceiling height and two 12' x 12' grade-level doors. The property includes a fenced parking lot with 40 spaces and sits on a 0.66-acre lot. The warehouse is temperature-controlled with air conditioning and ductwork throughout. Currently configured as a duplex, the property offers 3,600 square feet of vacant space, ideal for an owner-user, and 3,200 square feet leased to a long-term tenant, providing immediate income potential. The asking price is $750,000, translating to $131.62 per square foot. The property's APN is 20-36-401-029. This well-maintained property offers a blend of immediate income and future expansion potential, making it an attractive investment in a prime Troy location.

Location Insight

City

Troy

County

Oakland

State

Michigan

Latitude

42.5407

Longitude

-83.0968

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