1521 Winder StDetroit, MI 48207

For Sale
$3,900,000 View listing
  • Commercial land
  • 0.24 AC

Property Details for 1521 Winder St

Lot size
0.24 AC
Zone code
M3
Property type
Commercial land
APN
07000825-6
APU
70008256

Description

This exceptional Detroit industrial investment opportunity comprises three contiguous properties totaling 26,858 square feet on a 0.75-acre lot. The buildings, constructed in 1922 and renovated in 1967, boast a versatile layout including approximately 1,500 square feet of office space. The warehouse features a desirable 10' to 24' clear ceiling height, enhancing operational efficiency. Loading capabilities are supported by two 18x16 grade-level doors and one truckwell. The property is zoned M-3, offering flexibility for various industrial uses. Individual building sizes are 15,000 sq ft and 11,858 sq ft, with an additional 0.21-acre vacant lot included in the sale. This multi-building package presents a unique opportunity for owner-users seeking a substantial footprint in a strategic Detroit location. The asking price is $3,900,000, translating to $145.21 per square foot and $520,000 per acre. The property's address is 1521, 1530 & 1545 Winder St, Detroit, MI 48207. The Wayne County APN is 7000819:7000828:7000825-6.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $2,152,648
    Hospitality
    $1,971,814
    Educational
    $1,640,526
    Medical
    $1,696,946
    Retail
    $2,551,930
1521 Winder St, Detroit, Michigan

Location Insight

City
Detroit
County
Wayne
State
Michigan
Latitude
42.3468
Longitude
-83.0383
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
2020
$2,272
-
-
$87,100
-
-
-
$174,200

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