Share This Listing

Message

965 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

7930 Mack Ave
Detroit, MI 48214
Industrial Property For Sale

Save this listing!

Favourite this listing to get notified of price updates, new media and more

INVESTMENT HIGHLIGHTS

  • Recent Substantial Capital Improvements
  • Surrounded by Commercial, Residential, & Multi-Family Developments
  • Long Established Moving & Storage Business
  • Room for Improved Revenue Streams
  • Freight Elevator
  • In-out Service

EXECUTIVE SUMMARY

D&D Moving and Storage operates in a well-known 5 story warehouse located on a highway access road that sees 17,000 vehicles a day. The building enjoys a brand-new beautiful half-million-dollar façade renovation (2019), a vibrant welcoming of?ce for customers updated (2020), a new outer enclosure in the rear for loading (2016), and new roll-up doors (2016). Partial electrical upgrades completed (2018), Parking is shared in agreement with the next-door neighbor. Next door is a newly renovated coffee-food shop, laundromat, and community center. A nice garden-social space separates D&D Moving and Storage from the retail spaces next door.
LOCATION OVERVIEW
Located in a heavily active neighborhood ?lled with multiple development projects, new construction, rehabilitated homes, restaurants, a beer garden, and near the waterfront condo-apartment district. West Village, Indian Village, and Islandview surround this property to the east, south, and west. A mile and a half to the north is a billion-dollar expansion for GM Hamtramck Assembly. 1.5 miles east is FCA’s 2.5-billion-dollar expansion. The surrounding supply chain continues to grow, supporting GM and FCA with brand new and rehabilitated facilities. Just a mile south on the same road is a $22 million development, planning to break ground in July 2021, with 42 apartments and 17,000 square feet of commercial space. Near completion is a 92-unit apartment complex located on Van Dyke Ave, 0.7 miles south of the subject property.

PROPERTY FACTS Under Contract

Sale Type Investment or Owner User
Property Type Industrial
Property Subtype Warehouse
Building Class C
Lot Size 0.29 AC
Rentable Building Area 63,000 SF
No. Stories 5
Year Built/Renovated 1917/2020
Tenancy Single
Parking Ratio 0.22/1,000 SF
Clear Ceiling Height 9’
Opportunity Zone Yes
Zoning B4 - Industrial

AMENITIES

  • Signage
  • Accent Lighting
  • Storage Space

UTILITIES

  • Lighting
  • Gas
  • Water
  • Sewer
  • Heating

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
17-000297
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$875,057 CAD
  • Listing ID: 22597791

  • Date on Market: 2021-03-30

  • Last Updated:

  • Address: 7930 Mack Ave, Detroit, MI 48214

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}