4 Morrell StYale, MI 48097

Property Details for 4 Morrell St

Year built

1950

Lot size

0.62 AC

Property size (Sq ft)

10,464 SF

Property type

Warehouses

APN

74-08-320-0018-000

APU

74083200018000

Description

This expansive 8,000 square foot industrial property, situated on a 0.6-acre lot in Yale, Michigan, presents a remarkable investment opportunity. Currently utilized for cold storage, boats, cars, motorhomes, and trailers, this versatile space offers endless possibilities for a variety of commercial uses. Imagine transforming it into a state-of-the-art warehouse, a bustling retail shop, secure storage facility, or even a unique flea market. The building's substantial size and ample land provide significant flexibility for future development and expansion. The property is currently configured for flat-rate cold storage, showcasing its adaptability to diverse operational needs. Please note that the building will not be available for occupancy until June 1, 2025, with closing on or after that date. All provided information is believed to be accurate, however, it is not guaranteed. This is a rare chance to acquire a substantial industrial property in a desirable location with significant upside potential. The property is priced at $184,900 and a short-term land contract may be possible. Serious inquiries are encouraged to explore this exciting opportunity further.

• Alternative Use

  Use

  Valuation

  Residential

  $2,491,094

  Hospitality

  $2,281,829

  Educational

  $1,898,455

  Medical

  $1,963,746

  Retail

  $2,953,152

Location Insight

City

Yale

County

St. Clair

State

Michigan

Latitude

43.1329

Longitude

-82.7976

CBSA code

19820

CBSA name

DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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