Seaway Terminal - Development Opportunity

Industrial for Sale
Also listed as Special Purpose, Hospitality
Catylist Listing ID: 30843636
Property Subtypes: Flex Space, Free-Standing, Industrial-Business Park, Light Industrial, Office Showroom, Research & Development, Warehouse/Distribution, Other
Building Size (RSF): 70,000 SF
Gross Building Area: See Agent
Sale Price: $7,000,000
Unit Price: $100 PSF
In Opportunity Zone? Yes
Property Use Type: Vacant/Owner-User
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 9/21/2023

Overview / Comments

Waterfront property for lease. This unique site offers a variety of uses. Zoned M-1 and includes:
- 40,000 +/- sq. ft. Warehouse Office Space
- 30,000 +/- sq. ft. Bean Dock Event Space
- 1,000 feet of deep water port dockage
- Accommodates 100 parking spaces
- Dimension: 4.5 acres, 535 feet wide, 175 feet in depth

In 2003, the Terminal Company received a fresh look with a totally new docking facility for cruise boats, Great Lakes ships, and foreign freighters. The dock area is designed to accommodate all types of watercraft with power pedestals of 110 and 220 volts as well as 440 volts for large ships. Stainless steel railings have been installed along the entire pier and may be removed in sections to allow access to ships anywhere along the dock.

Additional Details

Nearest MSA: Detroit-Warren-Dearborn
County: Saint Clair
Tax ID/APN: 74065590001000
Zoning: M-1

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 7,187 30,135 57,404
Median Age: 38.66 35.39 38.6
Households: 2,786 11,586 22,884
The information presented herein is provided as is, without warranty of any kind. Neither Commercial Property Information Exchange (CPIX) nor Moody's assume any liability for errors or omissions.