5531 8 Mile Rd
Warren, MI 48091

Description

$40000 Price reductions. Completely remodelled, M1 zoning, over $100,000 complete turn key restoration. 18 ft ceiling Heights! Price includes 3 extra fenced Lots for storage plus a 4th lot behind the alley. High security fireproof safe epoxy floors about $7000. Low hours on a reconditioned 5-ton crane that covers the entire shop area. The building was completely gutted, windows, interior doors, offices, 2 bathrooms, copper plumbing, plumbing, electric reworked/new. Large 2nd floor Loft overlooking shop could be used as offices, break room, storage, etc. Roof restored with gaco reflective (white reflective cooler in summer) roof coating with 50-year product warranty. The face of the building is brick and was sealed with masonry water repellent for longevity. No lead paint or asbestos danger with this property. The building was insulated to the max for low energy bills, Winter, heating costs around $200 Electric around $60.

Details

MLS#31373269
StyleIndustrial
Sub-TypeResale
StatusActive
Year1947
Days On Site4

Features

SQ Feet3,000
Story(s)1
ZoningIndustrial

Market Activity 48091

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Area Information

StateMI
CountyMacomb
CityWarren
Zip Code48091
AreaWarren (50023)
Listing VS Median (in 48091)
Price:
$329,900
low | high
Med:
$62,000
100% of Average
SqFt:
3,000
low | high
Med:
1,138
100% of Average
$ / SqFt:
$110
low | high
Med:
$56
99.28388115152% of Average
On Site:
4
low | high
Med:
93.5
4.27807486631% of Average
Listing Updated: 03/18/2019
MLS Number: 31373269
Listing Provided By:
John Namo  of  Century 21 AAA North-Sterling
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