48501 Structural DrNew Baltimore, MI 48051

Property Details for 48501 Structural Dr

Year built

1992

Lot size

0.60 AC

Property size (Sq ft)

5,200 SF

Zone code

M2 GEN

Property type

Flex space

APN

15-09-30-103-027

APU

150930103027

Description

This 5,200 square foot industrial building, located at 48501 Structural Drive in Chesterfield, Michigan (zip code 48051), presents a fantastic opportunity. Built in 1992, this single-story structure sits on a M2 General zoned lot and offers convenient access to I-94, situated near the intersection of 21 Mile and Gratiot. The building is well-maintained and previously served as a pattern maker's facility. Key features include a 17-foot ceiling height and an existing air filtration system. An air compressor is included in the sale. While the main floor encompasses 5,200 square feet, a 625 square foot mezzanine is also available, though not included in the listed square footage. The asking price is $598,000, translating to $115 per square foot. This property is ideal for businesses seeking to downsize or for first-time buyers entering the industrial real estate market. The property's location and features make it a compelling investment opportunity.

• Alternative Use

  Use

  Valuation

  Residential

  $1,237,929

  Hospitality

  $1,133,936

  Educational

  $943,422

  Medical

  $975,868

  Retail

  $1,467,545

Location Insight

City

Chesterfield

County

Macomb

State

Michigan

Latitude

42.6571

Longitude

-82.8539

CBSA code

19820

CBSA name

DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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