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Rented about 2 years ago

$1,499,900

rooms 1 ba 10080 sqft

1928 Marston st, Detroit, MI 48211

Commercial Industrial

Current Rent **

N/A

Projected Rent **

$10,000+

Estimated Cap Rate *

Pro Only

Estimated Cash on Cash ROI *

Pro Only

Posted By:

Daniel Salmo

Commercial For SALE or LEASE

Great Opportunity to own this Incredible Fully Insulated Steel Frame Warehouse that was built in 2004 by GM that sits on a little over 1.5 Acres with dual lots included. This building has many features that can benefit many businesses such as 10,140 Sq ft warehouse , key fob ready, bus station/electrical train 3200 Amp 480 Drop every 6 ft, Fire suppression system, 30 ton train unit, heating and cooling, City water/sewer, 2800 Air compressor, Conference room, Crain Demag 1000LB, And Lots of Parking for employees and customers. This property is near by AAM, Train tracks, I-75, I-94, and many other beneficials business. This Building has many options for potential manufactures, Automotive, warehousing, Storage, Cultivation, The list goes on. Property is in proper zone for Medical and Recreational Cultivation. **Opportunity Zone/ Green Zone**

Location:

1928 Marston st, Detroit, MI 48211

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* The cap rate and cash on cash return calculations found on BiggerPockets Listings are estimated and designed to be used for informational and educational purposes only, and when used alone, do not constitute investment advice. They assume 3 months worth of expenses and estimate taxes and insurance. BiggerPockets recommends that you seek the advice of a real estate professional before making any type of investment. The results presented may not reflect the actual return of your own investments. BiggerPockets is not responsible for the consequences of any decisions or actions taken in reliance upon or as a result of the information provided by these tools. Furthermore, BiggerPockets is not responsible for any human or mechanical errors or omissions.

** Current rent and projected rent are provided by the lister.

† Rental comps are pulled by looking at property characteristics (beds, baths, structure type), date the rent listing was captured, and proximity to the searched location.

‡ Confidence levels range from low to very high. Confidence is determined by the number of recent and relevant comparable properties for any given search. A very high confidence level indicates a high number of recent and similar rental listings.