11351 E 7 MILE Road Detroit, MI $ 350,000
11351 E 7 MILE Road
$ 350,000
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11351 E 7 MILE Road

Detroit, MI, 48234
$ 350,000
Bedrooms-- Baths-- Sq 4,733

Monthly Estimate*

$ 2,184

11351 E 7 MILE Road, Detroit, MI 48234 - Image 1
11351 E 7 MILE Road, Detroit, MI 48234 - Image 2
11351 E 7 MILE Road, Detroit, MI 48234 - Image 3
11351 E 7 MILE Road, Detroit, MI 48234 - Image 4
11351 E 7 MILE Road, Detroit, MI 48234 - Image 5
11351 E 7 MILE Road, Detroit, MI 48234 - Image 6
11351 E 7 MILE Road, Detroit, MI 48234 - Image 7

Commercial Property for sale in Detroit, MI

for $350,000. This 4,733 square foot building was built in 1950 on a lot size of 0.17.

Calling all investors and business owners!! Great value. This income producing corner stirp is located in a high traffic area. This building has 3 units with glass doors and picture windows. also a 1 bedroom apartment. Currently all units have paying tenants. Please do not disturb the tenant. No showings without accepted offer.

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Commercial Active

Price

$ 350,000

Property Type

Commercial

Taxes

$ 2,511

Style

RealEstateOnly

Lot Size

0.17

Year Built

1950

Town/City

Detroit

County/Region

Wayne

MLS | Web ID

20230031980

Features
General
Sewer PublicSewer
Possession AtClose
Construction Materials Brick
Year Built 1950
Levels One
Property Subtype RealEstateOnly
Current Use Retail
County Wayne
Net Operating Income 0.0
Operating Expense 0.0
New Construction N
Property Type CommercialSale
HOA N
Attached Garage N
Subdivision Name SEVEN MILE HEIGHTS SUB
Garage Y/N N
Status Active
Directions Take 7 mile headed east pass Outer Drive. Property on the left side
City DetroitCity_Wayne
Senior Community Y/N N
High School District Detroit
Zoning Description Commercial
MLS Area Area05054Det8ToGratiotHoustonTo7
Lot Size Units Acres
Carport Y/N N
Land Lease Y/N N
Tax Annual Amount 2511.0
Home Warranty Y/N N
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Standard Status Active
Occupancy Type Tenant Vacant
Tax Assessed Value 27584
TaxOtherAnnualAssessmentAmount 100.0
Expected Active Date 2023-05-02
Legal Description N--E SEVEN MILE RD 12 THRU 14 SEVEN MILE HEIGHTS SUB L53 P52 PLATS W C R 17/522 66 X 110
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Exterior
Water Source Public
Lot Size Area 0.17
Spa N
Building Area Total 4733.0
Lot Dimensions 66.00 x 110.00
Lot Size Acres 0.17
Waterfront Y/N N
Road Frontage Type Paved
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Interior
Basement (Y/N) N
Air Conditioning Y/N N
Heating Y/N N
Fireplace Y/N N
Above Grade Finished Area 4733.0
Total Bedrooms 0
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Internal Only
Street Number 1 11351
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* Excluded Features
List By
Leonard A Pickett III

Listing Agent

Rch Brokerage Legacy Inc

Broker

(248) 440-2268

Phone

Affordability Calculator

$2,393
Per Month
91%
9%
0%
Monthly Principal & Interest
$2,184
Monthly Property Taxes
$209
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
848539 Elementary School
848135 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
1/18/2024$227,184 Listed Price

Map


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11351 E 7 MILE Road, Detroit, MI, 48234 is a Commercial Property for sale at $350,000 with 4,733 sqft and a lot size of 0.17. 11351 E 7 MILE Road was built in 1950. The property's zip code is 48234 which is in Detroit, MI