13501 Auburn Street, Detroit, MI 48223

$650,000

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List Price
$650,000
Days on Market
149
MLS#
20261019131
Status
ACTIVE
Type
Commercial

Property Description

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.

Additional Information

Taxes
$19,247
Acres
0.44
Heating
Forced Air
School District
Detroit
Water
Public

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Calculator source: Real Geeks

Listing courtesy of Listing Agent: Ali M Abdallah from Listing Office: RE/MAX Leading Edge.

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