1925 CLAY Street $6,000,000

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    1925 CLAY Street Detroit, MI 48211

    • 87,552 sq. ft.
    • 6.40 Acres
    • Commercial
    • MLS# 60349887
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    Views: 15 Days On Site: 21

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    Property Details

    Description Tours

    This expansive 87,552 square foot warehouse and manufacturing facility is a prime industrial opportunity, located in an Opportunity Zone just half a mile from both I-75 and I-94. Nestled on nearly 6.5 acres, this two-story building is positioned in a secure neighborhood with 24-hour security and is in close proximity to major automotive facilities, including GM Poletown and FCA Jefferson Jeep Assembly. The property spans five parcels, including 1925, 1975, and 1966 Clay Street, along with 7850 Morrow Street and 7881 Saint Aubin Street. It offers a clear height of 30 feet, with four heavy-duty cranesâ‚'two 15-ton and two 30-ton cranes with a 40-foot spanâ‚'making it ideal for large-scale industrial operations. The building also features three spacious drive-in doors, each 14 feet wide and 16 feet high, providing easy access for loading and unloading. In 2021, significant upgrades were made to the property, including a new roof, doors, and abatement, with a $2 million investment ensuring its modern readiness. The facility is also equipped with 4,000-amp electrical service, supporting a wide range of industrial applications. Zoned M4 for industrial use, the building is highly versatile, making it suitable for various manufacturing and warehouse needs. One of the most compelling aspects of this property is its location directly across from GM Factory Zero, GMâ‚„¢s first fully dedicated electric vehicle assembly plant. Following a $2.2 billion retooling, this cutting-edge facility opened in November 2021, solidifying GMâ‚„¢s commitment to electric vehicle production. The presence of this state-of-the-art plant enhances the value of surrounding industrial properties, making this a rare opportunity to invest in Detroitâ‚„¢s rapidly advancing manufacturing corridor. This propertyâ‚„¢s strategic location, combined with its extensive features and recent upgrades, presents an exceptional investment for those looking to capitalize on Detroitâ‚„¢s industrial resurgence.

    • General Features
      • Acreage 6.4
      • Area Municipality Detroit (82001)
      • County Wayne
      • Originating MLS RealComp
      • Ownership Private
      • Subdivision LIVINGSTONES SUB OF PT OF 1/4 SEC NO 58 59
      • Total SqFt Finished 87552
      • Waterfront Y/N No
      • Year Built 19
      • ZONING Commercial,Industrial
    • Building Features
      • Exterior Construction Brick
      • Foundation Type Slab
    • Property Features
      • Water Public Water, Public Water at Street
      • Lot Size 302 X 240 X 302 X 240
      • Roads Class A, Paved Street
      • Sewer Septic Public Sanitary

    Neighborhood

    48211 (Detroit) Demographics

    32 Median Age
    1,455 Population Density (per sq. mile)
    19% College Educated
    $22,971 Estimated Median Income
    672 Estimated Total Home Owners
    1,274 Estimated Total Renters
    35% / 65% Estimated Owner / Renter Divide
    3 Estimated Average Household Size
    6,086 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $148,190 Median Sales Price
    2 Homes Sold
    2 New On Market

    Average Days on Site

      Properties for Sale

        Calculations provided by Reliance Network

        Property History

        Date Event Price Percent Change
        -- Current Price Source: Multiple Listing Service New Value: $6,000,000
        10/24/2024 5:39:00 PM New in Database Source: Multiple Listing Service New Value: $6,000,000

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        Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.