2430 Grayson StFerndale, MI 48220

For Sale
$800,000

5,000 SF Industrial Space, Excellent Location

Overview

Added:
Dec 11, 2024
Days on market:
93
This exceptional 5,000-square-foot industrial property, located at 2430 Grayson St, Ferndale, MI 48220, presents a compelling investment opportunity. The single-story, Class C building, constructed in 1950 and extensively renovated in 2023, sits on a 0.42-acre lot (APN 24-27-436-014) and boasts a 13-foot ceiling height. The property is zoned for light industrial use and offers a range of desirable features, including a fully fenced 5,000 square foot outdoor storage area, perfect for equipment or materials. Recent upgrades include a new roof, renovated bathrooms (2023), and the installation of new glass block windows. The building also benefits from a state-of-the-art full water filtration system with reverse osmosis drinking water. Its prime location offers unparalleled access to I-75 and the vibrancy of Downtown Ferndale, making it ideal for distribution, manufacturing, or warehouse operations. The property is available for occupancy starting April 8, 2024. The asking price is $800,000, representing a price per square foot of $160. This is a rare opportunity to acquire a well-maintained, strategically located industrial property in a thriving Michigan market.

Highlights

  • $800,000 asking price for a 5,000 SF industrial building.
  • 0.42-acre lot with fenced outdoor storage.
  • Features a reverse osmosis water filtration system.
  • Bathrooms renovated in 2023.
  • New glass block windows installed.
  • Excellent access to I-75 and Downtown Ferndale.

Property Details for 2430 Grayson St

Property type
Other warehouses, Other industrial properties
Square Feet
5,000 SF
Class
C
Year Built/Renovated
1950/2023
Buildings
1
Stories
1
Lot Size (sq. ft)
18,295 SF

Location Insight

City
Ferndale
County
Oakland
State
Michigan
Latitude
42.466347475921
Longitude
-83.125236768668
2430 Grayson St, Ferndale, Michigan

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2430 Grayson St
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