12626 E 7 Mile Road Detroit, MI $ 225,000
12626 E 7 Mile Road
$ 225,000
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12626 E 7 Mile Road

Detroit, MI, 48205
$ 225,000
Baths0.0 Sq 4,480

Monthly Estimate*

$ 1,572

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Studio

Commercial Property for sale in Detroit, MI

for $225,000. This 4,480 square foot building was built in 1954 on a lot size of 0.39.

Welcome to an exciting opportunity for entrepreneurs and automotive enthusiasts alike! This prime real estate offers a fantastic neighborhood mechanic/repair shop building that is now available for sale, providing you with a blank canvas to bring your ideas to life and shape it into your own automotive haven. Situated in a well-traveled area, the shop boasts a strategic location that ensures a steady flow of clients and potential customers. The convenience of the location not only keeps existing clients coming back but also attracts new ones, making it an ideal spot for a thriving automotive business. The property features several bays, providing ample space for your mechanical operations. With a generous layout and additional space in the form of an extra lot, you'll have the capacity to accommodate approximately 40 cars on site. This additional lot opens up possibilities for expansion or customization, allowing you to tailor the space to suit your business needs perfectly. Buy with confidence as the sale includes the potential for an incredible automotive business venture. However, it's important to note that all interested parties should conduct due diligence. "BATVAI" (Buyer's Agent To Verify All Information) is emphasized, ensuring that the buyer's agent verifies all details, measurements, data, and city usage/zoning requirements to guarantee a smooth and informed transaction. Seller may consider land contract with substantial down payment. Don't miss out on this rare chance to own a mechanic/repair shop building in a highly sought-after location. Seize the opportunity to turn this property into the automotive destination you've always envisioned. Contact us now to schedule a viewing and explore the endless possibilities that await you!

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Commercial Active

Price

$ 225,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 4,724

Style

Lot Size

0.39

Year Built

1954

Town/City

Detroit

County/Region

Wayne

MLS | Web ID

20230104264

Features
General
Sewer Public Sewer (Sewer-Sanitary) Sewer at Street
Heating Forced Air
Possession At Close
Zoning Commercial
Year Built 1954
Property Type Commercial
Subdivision Name WALTHAM
Transaction Type Sale
Status Active
Short Sale No
Construction Materials Block/Concrete/Masonry
Cumulative Days on Market 128
MLS Area Det 8 To Gratiot/Houston To 7
Directions On 7 Mile Road and one building from Waltham
City Detroit
Terms Offered Cash Conventional
School District Detroit
Land Contract 0
Ownership Status Short Sale - No Private Owned
Street Name 7 MILE
Assessment 100.00
Total Sq Ft 4480
DOM 128
Taxes 4724.0000
Legal Description S SEVEN MILE RD E 144 THRU 137 WALTHAM SUB L42 P8 PLATS W C R 21/787 171 X 100
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Exterior
Waterfront 0
Lot Size Area 0.39
Water Source Public (Municipal) Water at Street
Foundation Slab
Lot Size Dimensions 171.00 x 100.00
Architecture Level 1 Story
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Interior
Street Suffix Road
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Internal Only
Originating MLS Realcomp II Ltd
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* Excluded Features
List By
Bob Otrompke

Listing Agent

Community Choice Realty Associates, Llc

Broker

(734) 992-5515

Phone

Affordability Calculator

$1,965
Per Month
80%
20%
0%
Monthly Principal & Interest
$1,572
Monthly Property Taxes
$394
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% 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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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
848539 Elementary School
848135 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
12/16/2023$225,000 Listed Price

Map


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12626 E 7 Mile Road, Detroit, MI, 48205 is a Commercial Property for sale at $225,000 with 4,480 sqft and a lot size of 0.39. 12626 E 7 Mile Road is a studio with 0.0 baths and was built in 1954. The property's zip code is 48205 which is in Detroit, MI