13501 Auburn Street Detroit, MI 48223
Other
MLS #: 20261019131
Courtesy Of REMAX LEADING EDGE
25050 Ford Rd, Dearborn Heights, MI 48127
25050 Ford Rd, Dearborn Heights, MI 48127
Property InformationDescription
Prime industrial opportunity located on a well-positioned industrial corridor in Detroit. This property features three buildings totaling over 10,000 square feet of flexible space, ideal for a variety of industrial or specialized uses. Equipped with 400-amp, 3-phase electrical service, the main building offers multiple bathrooms and floor drains, ready for customization to suit your operational needs.
The property is well-suited for MMFLA cultivation and/or processing licenses, presenting a strong opportunity in a growing sector. The sale includes the adjacent property at 13503 Auburn, adding further value and functionality.
Currently tenant-occupied, the property generates $5,600 per month on a NNN lease, providing immediate income for investors. The lease expires in July 2027. The landlord is responsible only for taxes on 13503 Auburn, while the tenant covers taxes for 13501 Auburn, enhancing the investment appeal.
Ideal for both owner-users and investors seeking a versatile, income-producing industrial asset.
The property is well-suited for MMFLA cultivation and/or processing licenses, presenting a strong opportunity in a growing sector. The sale includes the adjacent property at 13503 Auburn, adding further value and functionality.
Currently tenant-occupied, the property generates $5,600 per month on a NNN lease, providing immediate income for investors. The lease expires in July 2027. The landlord is responsible only for taxes on 13503 Auburn, while the tenant covers taxes for 13501 Auburn, enhancing the investment appeal.
Ideal for both owner-users and investors seeking a versatile, income-producing industrial asset.
Features
- Age: Over 50 Years Old
- Architecture Style: Other
- Exterior Type: Block
- Floors: 1
- Legal Description: W AUBURN PT OF THE S 300 FT OF N 973.68 FT OF E 265 FT OF W 1/2 OF W 1/2 OF N W 1/4 SEC 26 T 1 S R 10 E LYG W & ADJ AUBURN AVE DESC AS COMM AT THE NW CORNER OF SAID SECTION 26: N 89D 27M 45S E 630.88 FT; TH S 00D 49M 50 S E 901.69 FT ALONG W LINE OF AUBURN TO POB; TH S 00D 49M 50S E 72 FT; TH S 89D 27M 45S W 265 FT; TH N 00D 49M 50S W 72 FT; TH N 89D 27M 45S E 265 TO POB, 72 X 265 19079.74 SQFT
- MLSID: 20261019131
- Roof Type: Asphalt
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