530 S COLONIAL Street Detroit, MI $ 598,800
530 S COLONIAL Street
$ 598,800
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530 S COLONIAL Street

Detroit, MI, 48217
$ 598,800
Baths0.0

Monthly Estimate*

$ 3,736

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Studio

Lots and Land for sale in Detroit, MI

for $598,800. The lot size is 1.82.

Huge almost 2 acre commercial lot, great location near commercial/industrial area, lot size is 360ft x 220ft, zoned M4 (heavy industrial), could possibly be developed into Gas Station, Retail Storefront, Medical Facility, Car Wash, Parking Structure, Medical Marijuana, Truck Repair Facility, along with many other possible uses, property is located near Marathon Gas Terminal, close to Major Highways, 1.82 acres, buyer & buyer's agent to verify all listing information, see city for exact zoning uses available, all data apx.

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Lots and Land Contingent

Price

$ 598,800

Bedrooms

Studio

Property Type

Lots and Land

Taxes

$ 1,195

Style

ImprovedLand

Lot Size

1.82

Town/City

Detroit

County/Region

Wayne

MLS | Web ID

20230067949

Features
General
Sewer PublicSewer SewerAtStreet
Utilities AboveGroundUtilities
Possession AtClose
Property Subtype ImprovedLand
Community Features Sidewalks
County Wayne
New Construction N
Property Type Land
HOA N
Attached Garage N
Contingency AcceptingBackupOffers
Subdivision Name OAKWOOD SUB
Garage Y/N N
Status Accepting Backup Offers
Directions Corner of S. Colonial & Ormond St.
City DetroitCity_Wayne
Disclosures PerkNo SurveyAvailable
Senior Community Y/N N
High School District Detroit
Zoning Description Commercial
MLS Area Area05101DetSouthOfGrandRiver
Lot Size Units Acres
Carport Y/N N
Land Lease Y/N N
Tax Annual Amount 1195.0
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 ActiveUnderContract
Tax Assessed Value 12776
Expected Active Date 2023-08-17
Legal Description Property exempt from Ad Valorem taxes and assessed pursuant to PA 261 of 2003 expiring 12/30/2010. N COLONIAL 407 THRU 418 REAR LOTS 501 THRU 512 AND VAC ALLEY ADJ OAKWOOD L13 P36 PLATS W C R 20/40
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Exterior
Fencing FencingAllowed
Parking Features Other
Lot Features Sidewalk
Water Source Public WateratStreet
Lot Size Area 1.82
Spa N
Lot Dimensions 360 x 220
Lot Size Acres 1.82
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
Half Baths 0
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Internal Only
Street Number 1 530
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* Excluded Features
List By
Bill M Darwich

Listing Agent

Century 21 Curran & Oberski

Broker

(313) 203-8214

Phone

Affordability Calculator

$3,835
Per Month
97%
3%
0%
Monthly Principal & Interest
$3,736
Monthly Property Taxes
$100
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
8/26/2024$598,800 -0.17% Price Down
12/28/2023$599,800 -7.69% Price Down
8/17/2023$649,800 Listed Price

Map


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530 S COLONIAL Street, Detroit, MI, 48217 is a Lots and Land for sale at $598,800 with a lot size of 1.82. 530 S COLONIAL Street is a studio with 0.0 baths. The property's zip code is 48217 which is in Detroit, MI