385 Mill StSouth Lyon, MI 48178

Property Details for 385 Mill St

Lot size

2.00 AC

Zone code

IV

Property type

Industrial land

APN

80-21-20-326-002

APU

802120326002

Description

This exceptional 18,000-square-foot industrial warehouse, located at 385 N Mill St in South Lyon, Michigan, presents a compelling investment opportunity. Priced at $1,500,000 ($83.33/sq ft), this single-story, Class C building sits on a 1.33-acre lot and boasts a desirable I-1 Industrial zoning. Built in 1960, the property features an impressive 18-foot ceiling height at the ridge and 12-foot clearance at the haunch, providing ample storage and operational space. Access is facilitated by a 10' x 12' drive-in door. The warehouse is equipped with 480v buss ducts and a compressed air loop, enhancing its functionality. Power is supplied by pole-mounted transformers, feeding a main switchgear rated for 1600 amp service at 480/277 volts. Parking is available for 15 vehicles. The property's convenient location offers close proximity to downtown South Lyon. Additional land may be available for expansion. The property's APN is 21-20-326-011, and the zip code is 48178. This free-standing warehouse is ideal for a variety of industrial uses.

• Alternative Use

  Use

  Valuation

  Residential

  $17,070,672

  Hospitality

  $15,636,644

  Educational

  $13,009,504

  Medical

  $13,456,921

  Retail

  $20,237,006

Location Insight

City

South Lyon

County

Oakland

State

Michigan

Latitude

42.4632

Longitude

-83.6461

CBSA code

19820

CBSA name

DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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