16940 Hamilton AveHighland Park, MI 48203

  • Warehouses
  • 9,650 SF
For Sale
$550,000 View listing

Property Details for 16940 Hamilton Ave

Year built
1952
Lot size
0.34 AC
Property size (Sq ft)
9,650 SF
Property type
Warehouses
APN
43 003 01 0613 000
APU
43003010613000

Description

This exceptional 9,750 square foot warehouse, located at 16940 Hamilton Ave in Highland Park, Michigan, presents a rare investment opportunity. Built in 1952 and boasting a two-story design, this property offers significant versatility thanks to its M-UV Urban Village Mixed Use zoning. The building features impressive ceiling heights ranging from 10 to 25 feet, providing ample space for a variety of uses. Potential tenants could include office spaces, auto repair shops, storage facilities, retail businesses, or a combination thereof. The property includes existing office space, a convenient side parking lot, a dedicated car entrance, and multiple bathrooms. A second-floor loft adds further potential for expansion or specialized use. The seller has completed numerous improvements, ensuring the building is in excellent condition. Its strategic location offers easy access to downtown Detroit and three major freeways within a 5-10 minute drive, making it an ideal location for businesses seeking convenient access to transportation networks and a thriving urban center. The asking price is $550,000. This is a unique chance to acquire a substantial commercial property with diverse possibilities in a rapidly developing area. Don't miss this chance to own a piece of Highland Park's commercial landscape. The property is zoned M-UV Urban Village Mixed Use.

Location Insight

City
Highland Park
County
Wayne
State
Michigan
Latitude
42.4165
Longitude
-83.1153
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
$10,313
-
-
$121,000
-
-
-
$242,000

FAQs

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