12-Unit Industrial Package

12 office/warehouse flex units on ±1.27 acres

Property Type

Industrial Flex Investment Package

Building Size

±16,732 SF calculated footprint, per Regrid

12 units across three buildings

Status

For Sale

Price

$2,400,000

Twelve Unit Flex Investment Package

Grade Level Doors Throughout Campus

12 office and warehouse flex units across three one-story buildings
±1.27 acre site zoned I-1 Light Industrial
±16,732 SF calculated footprint, per Regrid
11 assessor parcels supplied; buyer to verify parcel composition
Units described as turnkey and fully remodeled in the offering materials
New parking lot throughout the property
Multiple grade-level overhead doors
Block exterior on a slab foundation, one story
Gas-fired space heaters with fans; public municipal water and public sanitary sewer
Plymouth Old Village location with access to M-14, I-275, and I-96

A 12-unit industrial flex investment package is offered for sale at 850-890 York Street in Plymouth. The units sit across three one-story buildings on approximately 1.27 acres zoned I-1 Light Industrial, in the Plymouth Old Village area with regional access by way of M-14, I-275, and I-96. The offering is real estate only, with possession at close.

The units are office and warehouse flex suites, described in the offering materials as turnkey and fully remodeled, with a new parking lot throughout the property and multiple grade-level overhead doors serving the warehouse space. The asking price is $2,400,000 against a reported net operating income of $182,370, an implied capitalization rate of approximately 7.6% derived from those two figures.

Rent roll, unit mix, lease terms, and current occupancy are available from the listing agent. The property is not located in an Opportunity Zone. All property details, uses, and plans are subject to independent verification, and buyers should confirm zoning and any change of use with the City of Plymouth.

Turnkey Units, One Campus

Fully remodeled with a new parking lot

The case for this offering starts with unit count. Income is spread across 12 separate office and warehouse suites rather than concentrated in a single tenant, which is the structural difference between a 12-unit flex package and a single-tenant building of similar size. The units are described as turnkey and fully remodeled, and the parking lot is new throughout the property, so a buyer is acquiring finished space rather than a deferred maintenance list.

Small flex suites of this type serve contractors, trades, service operations, and light assembly and storage users, and the configuration here is built for that demand: one-story block construction on slab, multiple grade-level overhead doors, gas-fired space heaters with fans, and public water and sanitary sewer. Plymouth Old Village puts the campus near M-14, I-275, and I-96 for crews and vehicles moving across the western Wayne County market.

12 income units rather than a single-tenant exposure
Three separate one-story buildings on one ±1.27 acre site
Office and warehouse flex format suited to trades and service users
Turnkey, fully remodeled unit condition per the offering materials
New parking lot across the property
Multiple grade-level overhead doors for at-grade loading
Block construction on slab, gas-fired space heaters with fans
Public municipal water and public sanitary sewer
I-1 Light Industrial zoning in Plymouth Old Village
Real estate only, with possession at close

Why This Space Matters

Property Features

The offering is a multi-unit flex campus rather than a single building. Twelve office and warehouse suites are spread across three one-story structures on approximately 1.27 acres, with 11 assessor parcels supplied in the offering records. Regrid calculates the footprint at approximately 16,732 square feet. Buyers should verify parcel composition, building inventory, and individual unit areas as part of due diligence.

Construction and systems are straightforward for the product type: block exterior, slab foundation, one story, gas-fired space heaters with fans, public municipal water, and public sanitary sewer. Multiple grade-level overhead doors serve the warehouse space, and the parking lot is new throughout the property. Zoning is I-1 Light Industrial, with any change of use subject to City of Plymouth confirmation.

Twelve Units In Three Buildings

Income is distributed across 12 separate office and warehouse flex suites rather than one tenancy. Rent roll, unit mix, lease terms, and current occupancy are available from the listing agent, and the reported net operating income is $182,370.

Turnkey, Fully Remodeled Condition

The offering materials describe the units as turnkey and fully remodeled, with a new parking lot throughout the property. That condition shortens the runway on re-leasing and reduces the near-term capital list a buyer inherits, subject to independent inspection.

Old Village Location And Access

The campus sits in Plymouth Old Village with regional access by way of M-14, I-275, and I-96. That positioning serves contractors, trades, and service operations that run crews and vehicles across the western Wayne County market daily.

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850-890 York Street, Plymouth, MI

12-unit industrial flex investment package for sale at 850-890 York Street, Plymouth, MI
Asking price of $2,400,000, offered as real estate only with possession at close
Reported net operating income of $182,370, an implied capitalization rate of approximately 7.6% on the asking price
Three one-story buildings on ±1.27 acres, zoned I-1 Light Industrial
±16,732 SF calculated footprint per Regrid, with 11 assessor parcels supplied
Office and warehouse flex suites described as turnkey and fully remodeled
New parking lot throughout the property and multiple grade-level overhead doors
Block exterior on slab, gas-fired space heaters with fans, public municipal water and public sanitary sewer
Plymouth Old Village location with access to M-14, I-275, and I-96; not in an Opportunity Zone
Rent roll, unit mix, lease terms, and occupancy available from the listing agent; all details subject to independent verification