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29555 Stephenson Hwy 56,964 SF Industrial Building Madison Heights, MI 48071 $5,118,543 CAD ($89.86 CAD/SF)
INVESTMENT HIGHLIGHTS
- Two overhead cranes (2-ton and 3-ton) included
- Direct access to I-75 and I-696 for regional distribution
- Grade-level door and two truckwells for flexible loading
- Heavy power infrastructure supports industrial operations
- Fully fire suppressed with multiple floor drains
EXECUTIVE SUMMARY
Positioned in the heart of Madison Heights with direct access to I-75 and I-696, 29555 Stephenson Hwy offers a rare opportunity to acquire a versatile industrial facility on nearly 5 acres. The ±56,964-square-foot building features two truckwells, a grade-level door, and a ±14-foot clear height, making it ideal for distribution, light manufacturing, or service operations. The property is equipped with heavy power (to be verified), multiple floor drains, and two overhead cranes (2-ton and 3-ton), supporting a range of industrial uses. Fully fire suppressed and zoned for industrial activity, the site also benefits from abundant parking and prominent frontage along Stephenson Hwy. Its central location within Metro Detroit provides excellent connectivity to major business hubs including Warren, Southfield, and Birmingham. Offered at $3,700,000, this asset presents a compelling value for owner-users or investors seeking a well-located, functional industrial property with infrastructure in place.
PROPERTY FACTS
| Price | $5,118,543 CAD | Rentable Building Area | 56,964 SF |
| Price Per SF | $89.86 CAD | No. Stories | 1 |
| Sale Type | Investment or Owner User | Year Built | 1966 |
| Property Type | Industrial | Tenancy | Single |
| Property Subtype | Warehouse | Parking Ratio | 1.4/1,000 SF |
| Building Class | B | No. Dock-High Doors/Loading | 2 |
| Lot Size | 4.89 AC | No. Drive In / Grade-Level Doors | 1 |
| Zoning | Ind. Imp. | ||
| Price | $5,118,543 CAD |
| Price Per SF | $89.86 CAD |
| Sale Type | Investment or Owner User |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | B |
| Lot Size | 4.89 AC |
| Rentable Building Area | 56,964 SF |
| No. Stories | 1 |
| Year Built | 1966 |
| Tenancy | Single |
| Parking Ratio | 1.4/1,000 SF |
| No. Dock-High Doors/Loading | 2 |
| No. Drive In / Grade-Level Doors | 1 |
| Zoning | Ind. Imp. |
AMENITIES
- Fenced Lot
- Signage
1 1
PROPERTY TAXES
| Parcel Number | 25-11-376-023 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $2,304,835 CAD |
PROPERTY TAXES
Parcel Number
25-11-376-023
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$2,304,835 CAD
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29555 Stephenson Hwy
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