$550,000
$649,900
15.4%For more information regarding the value of a property, please contact us for a free consultation.
20530 HOOVER Street ST Detroit, MI 48205
50,937 SqFt
Key Details
Sold Price $550,000
Property Type Commercial
Sub Type Commercial,Industrial,Real Estate Only
Listing Status Sold
Purchase Type For Sale
Square Footage 50,937 sqft
Price per Sqft $10
Subdivision More Than One Subdivision Involved
MLS Listing ID 2200039296
Year Built 1955
Annual Tax Amount $1,894
Lot Size 1.500 Acres
Property Description
"GREEN ZONE LOCATION" (which is an approved location for Marijuana Industry) Cannabis cultivating, processing, lab, and/or possible transport facility.. Building can be turned into a state of the art indoor grow facility that has an outdoor space which is blocked in. Great potential for a money making site that is located in a safe, secure area of Detroit that borders Warren. Price reflects the need of build out, improvement of roof, mold remediation, electrical installations/connection & clean-up needed. Warehouse space is endless, wide open, with extra high ceiling 22' heights, and overhead drive in doors to allow for secure transportation. Building is set up perfectly to start project in sections. Over 41,000 covered square feet indoor space available. Solid building w/great potential priced under $20 per square foot sitting on 1.5 acres with room for expansion. Buyers to conduct their own due diligence. Priced for a quick sale, bring all cash offers, motivated seller!
Location
State MI
County Wayne
Area Det 8 To Gratiot/Houston To 7
Zoning Commercial,Heavy Industrial,Light Industrial
Interior
Heating Forced Air, Other
Exterior
Roof Type Rubber
Building
Foundation Crawl, Slab
Sewer Sewer-Sanitary
Water Municipal Water
Structure Type Block/Concrete/Masonry
Schools
School District Detroit
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition Full Service
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Bought with St Jude Realty