MLS # 20261019131 (Realcomp)

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.
Source: SparkMLS
Asking $650,000.
Property tax estimate: $10,536 per year ($878/month). Estimate is based on county assessor records and current millage rates; actual tax may vary with PRE status and recent assessment changes.
Electric service is provided by DTE Electric Company; natural gas by DTE Gas Company.
Location
Construction & Systems
Sale & Financing
Source: SparkMLS
Source: Public Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Not Eligible
Verify eligibility at USDAListed by Ali M Abdallah
RE/MAX Leading Edge
Municipality: Detroit
School district: DETROIT CITY SCHOOL DISTRICT
County: Wayne
Estimate based on SEV for a new buyer (taxable value resets to SEV on transfer). Actual taxes may vary. MI Treasury PT Estimator
Estimate only. Does not include PMI or other fees. Consult a lender for exact rates.
DTE Electric Company
Investor-Owned
DTE Gas Company
Investor-Owned
MI Public Service Commission service territory boundaries.
Property
13501 Auburn Street, Detroit, MI 48223
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Neighborhood
Brightmoor
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Community
Detroit
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County
Wayne County
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