22750 Hoover Road $1,290,888

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    22750 Hoover Road Warren, MI 48089

    • 23,041 sq. ft.
    • 0.91 Acres
    • Commercial
    • MLS# 60189506
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    Views: 297 Days On Site: 645

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    Property Details

    â‚¢ Freestanding building with direct visibility and signage on Hoover Road. The site was built in 1950 and zoned Industrial M-2/M-3. â‚¢ Ceiling height is 17â‚„¢ feet to 25â‚„¢ feet clear and has 2,000 amps electrical service (power upgrade pending). It has a 14 feet garage door and one exterior truckwell. â‚¢ There is a brand new roof throughout the whole building. The interior has been completely demoed and fully updated masonry throughout the exterior walls. â‚¢ Great site located in the heart of Metro Detroit that sits within an Opportunity Zone, offering an owner/user or investor a value-add opportunity. â‚¢ The property is also suitable for light industrial warehouse, heavy manufacturing, and storage users.

    • General Features
      • Acreage 0.91
      • Area Municipality Warren (50023)
      • County Macomb
      • Originating MLS RealComp
      • Ownership Private
      • Subdivision WALTENSPERGER FARM
      • Total SqFt Finished 23041
      • Waterfront Y/N No
      • Year Built 19
      • ZONING Commercial,Industrial
    • Building Features
      • Exterior Construction Other
      • Foundation Type Basement
    • Property Features
      • Water Public Water
      • Lot Size Irregular
      • Roads Paved Street
      • Sewer Septic Public Sanitary

    Neighborhood

    48089 (Warren) Demographics

    34 Median Age
    3,950 Population Density (per sq. mile)
    18% College Educated
    $41,388 Estimated Median Income
    6,791 Estimated Total Home Owners
    5,459 Estimated Total Renters
    55% / 45% Estimated Owner / Renter Divide
    3 Estimated Average Household Size
    31,411 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $123,000 Median Sales Price
    36 Homes Sold
    56 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: $1,290,888
        6/6/2024 9:50:56 AM Price Reduced Source: Multiple Listing Service New Value: $1,290,888 -23.66%
        2/8/2023 2:22:00 PM New in Database Source: Multiple Listing Service New Value: $1,690,888

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        ** Assumes 6.5% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information.
        Information is provided in part by the IDX program of the Great Lakes Repository. All information provided is deemed reliable but is not guaranteed and should be independently verified.

        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.