32411 Industrial DrMadison Heights, MI 48071

Property Details for 32411 Industrial Dr

Year built

1984

Lot size

1.04 AC

Property size (Sq ft)

14,275 SF

Zone code

M-1 LT

Property type

Manufacturing properties

APN

44-25-01-202-024

APU

442501202024

Description

This exceptional 14,288-square-foot multi-tenant property, located at 32411 Industrial Drive in Madison Heights, Michigan, presents a compelling investment opportunity. The Class B building, constructed in 1984 and renovated in 2017, sits on a 1.04-acre lot and features a single story with 16-foot ceilings. The property boasts two units, 35 parking spaces, and two dock-high doors, making it ideal for various industrial and office uses. Zoned M-1 Light Industrial, this property offers convenient access to major highways. The asking price is $2,000,000, translating to $139.98 per square foot. The property includes a clear-span shop area, making it suitable for a variety of manufacturing or storage needs. A three-year lease term is available. The property's features, including ample parking and convenient highway access, create a productive work environment, perfect for business expansion or relocation. The APN is 2501202024. This is a solid manufacturing building in a prime location.

• Alternative Use

  Use

  Valuation

  Residential

  $3,398,354

  Hospitality

  $3,112,874

  Educational

  $2,589,874

  Medical

  $2,678,944

  Retail

  $4,028,693

Location Insight

City

Madison Heights

County

Oakland

State

Michigan

Latitude

42.5293

Longitude

-83.0913

CBSA code

19820

CBSA name

DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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