20515 Hugh StLivonia, MI 48152

  • Warehouses
  • 1,090 SF
For Sale
$249,000 View listing

Property Details for 20515 Hugh St

Lot size
0.45 AC
Property size (Sq ft)
1,090 SF
Property type
Warehouses
APN
46 005 01 0068 000
APU
46005010068000

Description

This 1,378 square foot industrial property, located at 20515 Hugh St, Livonia, MI 48152, presents a unique investment opportunity. The building, constructed in 1961 and renovated in 1994, features a combination of warehouse, flex, and distribution space, ideal for a variety of uses. The property boasts a 0.45-acre lot with a compacted stone (not paved) surface, providing ample space for a contractor's yard. Convenient access is available from two streets, allowing for easy drive-through capabilities, even for trailers. The property is zoned M-1 Light Manufacturing, and the city has confirmed this use as "lawful non-conforming," ensuring continued commercial viability. The building includes 20 parking spaces. The asking price is $249,000, with seller financing available to qualified buyers with a 25% down payment. Immediate occupancy is possible after the sale. This well-maintained property offers a rare blend of functionality and location, making it an attractive proposition for discerning investors.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $213,579
    Hospitality
    $195,638
    Educational
    $162,768
    Medical
    $168,366
    Retail
    $253,195

Location Insight

City
Livonia
County
Wayne
State
Michigan
Latitude
42.4408
Longitude
-83.3398
CBSA code
19820
CBSA name
DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$992
-
-
$51,700
-
-
-
$103,400

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].