Address
309 W 7 Mile Road Detroit, MI
Price
$ 350,000
Property Attributes
  • ML#2200023149
  • TypeCommercial
  • CountyWAYNE
  • CityDetroit
  • AreaDet 6-8 Grfld-Dequindre
  • NeighborhoodO FLAHERTYS JAMES E LOG CABIN NO 1
  • Zip48203
  • StyleVacant, Retail
  • Year Built1950
  • Taxes3640
  • Price$ 350,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage6336
  • Lot Size12,197 SqFt
Listing Provided Courtesy Of:
Keller Williams Somerset
Property Description

Land Contract terms available at $400,000, $200,000 Down, $2500/mo for 24 months at 5% interest. Great opportunity on recently renovated building with many possibilities! Over 6000 square feet, this open, vacant building is a blank canvas awaiting your customization. Equipped with separate storage room (previously used as a retail store), restroom and loading dock. Marijuana testing facility approved*. Great curb appeal on 140 ft of frontage on busy 7 mile rd, City of Detroit recently repaved sidewalk, installed planters and landscaping. Security glass counter stays with the building. Owner in process of doing some final clean-up for the new owner. *Contact city building/zoning department for possible uses and restrictions.

Price History
3/23/2020 Listed $350,000

General Features

Business Type Recreational, Retail, Wholesale
Commercial Type Commercial, Real Estate Only
Construction Materials Brick
Cumulative Days on Market 216
Current Use Vacant, Retail
Deposit Amount 200000.00
Gross Scheduled Income 0.00
Heating Central Air
Land Contract Yes
Listing Agent Public Id 302927
Net Operating Income 0.00
Operating Expense 0.00
Originating MLS Realcomp II Ltd
Ownership Status Private Owned, Short Sale - No
Parcel Number W01I006958C64
Possession At Close
Property Type Commercial
School District Detroit
Sewer Sewer-Sanitary
Short Sale No
Status Active
Subdivision Name O FLAHERTYS JAMES E LOG CABIN NO 1
Terms Offered Cash, Conventional, Land Contract, Warranty Deed
Total Sq Ft 6336
Transaction Type Sale
Year Built 1950
Zoning Commercial

Interior Features

Heating Fuel Natural Gas

Exterior Features

Architecture Level 1 Story
Foundation Slab
Foundation Materials Poured
Frontage Feet 140
Lot Size Area 0.28
Lot Size Dimensions 140.00X88.00
Water Source Municipal Water

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool


IDX provided courtesy of Realcomp II Ltd., via Brookstone Realtors and The Originating MLS(found above), © 2020 Realcomp II Ltd. Shareholders. Shareholders. The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of October 26, 2020 8:29 PM UTC Information deemed reliable but not guaranteed. The data relating to real estate on this web site comes in part from the Internet Data Exchange (IDX) Program of Realcomp Ltd

Property vs Zip Code Average in 48203

Price
AVG $340K
$350K
Taxes
AVG $4,427
$3,640
Visits
AVG 13
52
Year Built
AVG 1951
1950