20222 CONNER Street Detroit, MI ^$ 1,400,000

20222 CONNER Street

^$ 1,400,000

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20222 CONNER Street

Detroit, MI, 48234

^$ 1,400,000

Studio Baths0.0 Sq 9,600

Monthly Estimate*

^$ 9,305

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Studio

Commercial Property for sale in Detroit, MI

for $1,400,000. This 9,600 square foot building was built on a lot size of 1.21.

Approved Green Zone, offering an lease owner/user or investor a value-add opportunity. The property is also suitable for light industrial warehouse, heavy manufacturing, and storage user. Active SLU Permit for Cultivation Municipal Approved location, Local approvals for Social Equity and Detroitâ€™s Legacy program. The building itself is secure, fenced and gated 10,000 sqft facility on 1.2 acres with 14-20-foot ceilings. Freestanding building with direct visibility and signage on Conner Road. The site was built in 1977 and zoned Industrial M4 and the Building has plenty of power needed to grow Medical/Adult-Use Grow with drawings don! Potential Retail and Processing Facility. This asset is great for any cannabis business looking to establish themselves in the Detroit / Michigan market.

Commercial Active

Price

^$ 1,400,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 8,511

Style

Commercial/Industrial

Lot Size

1.21

Town/City

Detroit

County/Region

Wayne

MLS | Web ID

60284982

Features

General

Possession At Close

Water Public Water Public Water at Street

Status Active Active

Year Built 19

Subdivision SEE LONG LEGAL (WARD 23 ITEM INVOLVED) MI

County Wayne

Class COM/IND/BUS OPP

Type Commercial/Industrial

Percent Ownership Private

Municipality Detroit

Zoning Professional Office Industrial

Area Detroit (82001)

Primary City Detroit

Directions E. 8 Mile Rd. to Bramford St. turn right take Bramford St. to Connor St. and turn right continue on Connor St. cross Veache St.

City Detroit

Street Name CONNER

Financial Terms Cash

Legal Description S EIGHT MILE RD ALL THAT PART OF N W 1/4 OF SEC 3 T 1 S R 12 E DESC AS FOLS--BEG AT A PTE IN E LINE OF BASELINE SUB NO 2 DIST S 0D 08M E 703 FT FROM S LINE OF 8 MILE RD 204 FT WDTH N 89D 12M E 156.80

DOM 129

Postal Code 48234

Price Per Sq Ft Total 145.83

Coming Soon Approved Green Zone offering an lease owner/user or investor a value-add opportunity. The property is also suitable for light industrial warehouse heavy manufacturing

Exterior

Exterior Block Brick

Frontage 308

Lot Size Area 1.21

Lot Dimensions 147 x 191 x 308 x 469

Roads Class B

Waterfront Y/N No

* Excluded Features

List By

Herbert Hill Jr

Listing Agent

Herbert J Hill Realty Real Estate Master

Broker

hjhjr1@gmail.com

Affordability Calculator

$10,014

Per Month

Monthly Principal & Interest: $9,305
Monthly Property Taxes: $709
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Detroit, MI

Average List Price ^$483,256

Percent of Sale Price 65%

About Detroit, MI

633,657 Population

-33% Since 2002

^$26,977 Median Income

36.23 Median Age

26% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

760529 Elementary School

760235 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
1/29/2024	$1,400,000		Listed Price

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20222 CONNER Street, Detroit, MI, 48234 is a Commercial Property for sale at $1,400,000 with 9,600 sqft and a lot size of 1.21. 20222 CONNER Street is a studio with 0.0 baths. The property's zip code is 48234 which is in Detroit, MI

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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20222 CONNER Street

Commercial Property for sale in Detroit, MI

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