625 Griswold StNorthville, MI 48167

  • Industrial properties
  • 1,046 SF
For Sale
$650,000 View listing

Property Details for 625 Griswold St

Lot size
1.54 AC
Property size (Sq ft)
1,046 SF
Zone code
PR-1
Property type
Industrial properties
APN
48 001 03 0745 000
APU
48001030745000

Description

This exceptional 1.54-acre commercial light industrial property in Northville, MI, presents a rare opportunity. Located within city limits, the property boasts a substantial 1,046 square foot main building, ideal for a small business requiring ample storage and workspace. A key feature is the inclusion of a large workshop and a separate pole barn, both equipped with oversized access doors and durable cement flooring, perfect for equipment storage and operations. A single-car garage provides additional secure storage space. The property also offers a generous parking area, accommodating vehicles and equipment with ease. While a home is situated on the property, it requires significant renovation to become habitable. The property's zoning as commercial light industry makes it suitable for a variety of uses, offering flexibility for potential buyers. The convenient location within Northville city limits provides easy access to local amenities and transportation routes. This is a unique opportunity to acquire a versatile industrial property with significant potential. The asking price is $650,000. A land contract is currently available.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $204,958
    Hospitality
    $187,740
    Educational
    $156,198
    Medical
    $161,570
    Retail
    $242,974

Location Insight

City
Northville
County
Wayne
State
Michigan
Latitude
42.4358
Longitude
-83.4755
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
$4,133
-
-
$117,500
-
-
-
$235,000

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