Hoover Industrial Space (Sale/Lease)

20530 Hoover Rd, Detroit, MI 48205

  • For Sale $3,500,000
  • Property Type Industrial - Warehouse/Distribution
  • Property Size 40,300 SF
  • Lot Size 1.5 Acre
  • Property Tenancy Single Tenant
  • Year Built 1955
  • Year Renovated 2022
  • Date Updated Jan 20, 2024
  • Dock High Doors 4
  • Office Area 1 SF
  • HVAC None
Detroit | MichiganThe Hoover Industrial Building offers an excellent opportunity for businesses looking for a prime location that offers superior amenities. It is conveniently located in the heart of Detroit city, with easy access to major roads and highways, making it an ideal spot for businesses to grow and thrive. The building itself has been recently renovated, accommodated with city water and sewer, heavy duty electric power and newer roof. The building can accommodate a wide range of businesses, from small startups to larger enterprises. If you're looking for a prime spot to build your business, this Hoover Industrial building is a great option!The Hoover Industrial Building offers an excellent opportunity for businesses looking for a prime location that offers superior amenities. It is conveniently located in the heart of Detroit city, with easy access to major roads and highways, making it an ideal spot for businesses to grow and thrive. The building itself has been recently renovated, accommodated with city water and sewer, heavy duty electric power and newer roof. The building can accommodate a wide range of businesses, from small startups to larger enterprises. If you're looking for a prime spot to build your business, this Hoover Industrial building is a great option!

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Reach out to the broker for more info on lease terms and amenities

Highlights

  • FOR SALE OR LEASE | LEASE PRICE: $7.50/SF NNN
  • VACANT 40,300 SF RENTABLE SPACE | 10,000 SF ENCLOSED COURTYARD
  • GOLD SEAL GREEN ZONE/CANNABIS APPROVED BY CITY OF DETROIT FOR CULTIVATION & PROCESSING
  • M-3 INDUSTRIAL ZONING
  • RENOVATED 2022 | NEW PAINT (INTERIOR & EXTERIOR) | NEW SEWER & STORM SYSTEM
  • NEW OFFICES, BREAK ROOM, CONFERENCE ROOM & RESTROOMS
  • NEW ROOF | R31 VALUE | 5 ½ INCH INSULATION | 20 YEAR WARRANTY
  • ALL WOOD DECKING FOR ROOF REPLACED WITH STEEL DECKING
  • NEW COPING & GUTTERS
  • SPRAY FOAM INSULATION IN EXTERIOR WALLS AROUND THE BUILDING
  • NEW WATER & GAS LINE TO THE BUILDING
  • NEW SEWER & STORM SYSTEM
  • 3,000 AMP POWER FOR PRIMARY SERVICE
  • NEW FIRE SUPPRESSION SYSTEM BEING INSTALLED
  • NEWLY INSTALLED SPRINKLER SYSTEM
  • CEILING CLEAR HEIGHT: 14’ TO 16’ FOR 10k SF AND 22’ FOR 30K SF PORTION OF THE BUILDING
  • 4 DOCKS FOR TRUCKS | 20 SURFACE PARKING SPOTS
  • IMMEDIATE ACCESS TO GROESBECK HWY AND 8 MILE ROAD
  • 61K+ VEHICLES PER DAY | MINUTES FROM SEVERAL HIGHWAYS
  • 375k PEOPLE IN 5-MILE RADIUS | $60k HHI

Contacts

broker

Simon Jonna

Colliers Birmingham (MI) - Jonna Group

(248) 226-1610

Location

Getting Around

  • Walk Score ®

    48/100 Car-Dependent
  • Transit Score ®

    44/100 Some Transit
  • Bike Score ®

    52/100 Bikeable
Powered by Walk Score ®
  • City Detroit, MI
  • Neighborhood Mt. Olivet
  • Zip Code 48205
  • Market Detroit

Points of Interest

  • Grand Boulevard

    6.39 miles

  • Baltimore Street

    6.46 miles

  • Detroit

    6.53 miles

  • Amsterdam Street

    6.57 miles

  • Ferry Street

    6.79 miles

  • Warren Avenue

    6.93 miles

  • Canfield Street

    7.18 miles

  • Mack Avenue

    7.45 miles

  • Martin Luther King Junior Boulevard

    7.47 miles

  • Sproat Street

    7.74 miles

  • Sunoco

    0.19 miles

  • Clark

    0.80 miles

  • Sunoco

    0.90 miles

  • Sunoco

    0.94 miles

  • Valero

    0.95 miles

  • Mobil

    0.95 miles

  • BP

    1.02 miles

  • Mobil

    1.04 miles

  • Marathon

    1.06 miles

  • Clark

    1.07 miles

  • WCCC Eastern Campus Lot

    3.85 miles

  • Parking Garage

    4.47 miles

  • Parking Garage

    4.61 miles

  • Parking Garage

    4.89 miles

  • Parking Garage

    5.38 miles

  • FCA Employee Parking

    5.43 miles

  • FCA Employee Parking

    5.66 miles

  • Chess Row

    5.77 miles

  • Lot 12

    6.25 miles

  • John R Lot

    6.39 miles

  • Wendy's

    0.16 miles

  • Burger King

    0.30 miles

  • R & D One Stop Meals

    0.90 miles

  • Me & My Girls Soul Food

    0.90 miles

  • Robert's Coney Island

    1.01 miles

  • Detroit Grill & Deli

    1.01 miles

  • McDonald's

    1.10 miles

  • Burger King

    1.13 miles

  • Prince Pizza chicken & Ribs

    1.14 miles

  • Motown Cafe & Grill

    1.15 miles

  • Glory Supermarket

    0.18 miles

  • Save-A-Lot

    0.25 miles

  • Saveway

    1.15 miles

  • 7 Mile Foods

    1.26 miles

  • Royal Supermarket

    1.29 miles

  • Shoppers Market

    1.47 miles

  • Mike's Fresh Market

    1.52 miles

  • New Pick And Save Market

    1.55 miles

  • ALDI

    1.75 miles

  • Shoppers Market Plus

    1.84 miles

  • Engine Number 60 Fire Station

    0.51 miles

  • St. John Providence Hospital

    0.87 miles

  • CVS Pharmacy

    1.07 miles

  • CVS Pharmacy

    1.47 miles

  • Walgreens

    1.50 miles

  • DMG Medical Center

    1.51 miles

  • StoneCrest Center

    1.75 miles

  • Park Medical Center

    1.78 miles

  • CVS Pharmacy

    1.81 miles

  • Greater Care Pharmacy

    1.99 miles

Frequently Asked Questions

What is the lease rate for Hoover Industrial Space (Sale/Lease)?

Rental asking rate at Hoover Industrial Space (Sale/Lease) is $1,750,000.00/YR.

What is the total square footage of Hoover Industrial Space (Sale/Lease)?

Hoover Industrial Space (Sale/Lease) totals 40,300 square feet.

When was this property built?

Hoover Industrial Space (Sale/Lease) was built in 1955.

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Contact Listing Broker

broker

Simon Jonna

Colliers Birmingham (MI) - Jonna Group

(248) 226-1610