740 E GRAND Boulevard Detroit, MI ^$ 699,000

740 E GRAND Boulevard

^$ 699,000

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740 E GRAND Boulevard

Detroit, MI, 48207

^$ 699,000

Studio Baths0.0 Sq 23,000

Monthly Estimate*

^$ 4,883

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Studio

Commercial Property for sale in Detroit, MI

for $699,000. This 23,000 square foot building was built on a lot size of 0.42.

HISTORICAL BUILDING, TRINITY DELIVERANCE CHURCH PLACE OF WORSHIP FEATURING 2 STORY APPROX. 23000 SQ FT, WITH FULL BASEMENT, SEATING FOR APROX 1,100 INCLUD. BALCONY SEATING. NEIGHBORING ISLAND VIEW, IND. VILLAGE AND BELLE ISLE. LOCATION IS A PLUS PLUS FOR INVESTORS CONVERSION OF THE INTERIOR FOR LOW INCOME APARTMENTS, ART STUDIO, ENDLESS POSSIBILITIES. BUILDING NEED TOTAL REHAB. FROM VANDALS. PLUMBING, HEATING, ELECTRICAL BUILDING BEEN VACANT FOR A SEVERAL YEARS. VACANT PARCEL NEXT TO EAST SIDE OF ALLEY INCLUDED IN PRICE LOT SIZE 150X57 USED FOR PARKING. DISTRESS HOME NEXT DOOR 728 E GRAND BLVD POSSIBLE PURCHASE WITH 740 GRAND BLVD ONLY. MUST BE PURCHASE TOGETHER. THIS IS A POSSIBILITY ONLY BASE ON OFFERS.

Commercial Active

Price

^$ 699,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 100

Style

Commercial/Industrial

Lot Size

0.42

Town/City

Detroit

County/Region

Wayne

MLS | Web ID

40144517

Features

General

Heating Steam

Possession At Close

Roof Asphalt

Water Public Water

Status Active Active

Year Built 19

Water Heater Gas

County Wayne

Class COM/IND/BUS OPP

Type Commercial/Industrial

Percent Ownership Private

Municipality Detroit

Zoning Commercial

Subdivision MI

Area Detroit (82001)

Primary City Detroit

Directions MAP

City Detroit

Street Name GRAND

Financial Terms Cash Conventional

Legal Description E E GRAND BLVD N 100 FT OF THE W 185 OF PC 678 LYG E AND ADJ E GRAND BLVD 150 FT WD AND S AND ADJ PRESTON ST 60 FT WD 15/31 100 X 185 18500 SQ FT

DOM 1168

Postal Code 48207

Price Per Sq Ft 30.39

Coming Soon HISTORICAL BUILDING TRINITY DELIVERANCE CHURCH PLACE OF WORSHIP FEATURING 2 STORY APPROX. 23000 SQ FT WITH FULL BASEMENT SEATING FOR APROX 1 100 INCLUD. BALCONY SEATING. NEIGHBORING ISLAND VIEW

Exterior

Exterior Brick

Frontage 100

Lot Size Area 0.42

Lot Dimensions 100.00X185.00

Roads Paved Street

Waterfront Y/N No

Interior

Fuel Type Natural Gas

* Excluded Features

List By

Alfonso Griffin

Listing Agent

20Th Century Real Estate

Broker

algriffin@me.com

Affordability Calculator

$4,891

Per Month

Monthly Principal & Interest: $4,883
Monthly Property Taxes: $8
Monthly Home Insurance: --

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Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly 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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Nearby

Trends
Schools

Commerical listings in Detroit, MI

Average List Price ^$473,955

Percent of Sale Price 32%

About Detroit, MI

633,657 Population

-33% Since 2002

^$26,977 Median Income

36.23 Median Age

26% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

760529 Elementary School

760235 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
6/15/2023	$699,000	-12.52%	Price Down
1/2/2022	$799,000		Listed Price

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740 E GRAND Boulevard, Detroit, MI, 48207 is a Commercial Property for sale at $699,000 with 23,000 sqft and a lot size of 0.42. 740 E GRAND Boulevard is a studio with 0.0 baths. The property's zip code is 48207 which is in Detroit, MI

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: 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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740 E GRAND Boulevard

Commercial Property for sale in Detroit, MI

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