15 FERRIS Street Highland Park, MI ^$ 255,000

15 FERRIS Street

^$ 255,000

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15 FERRIS Street

Highland Park, MI, 48203

^$ 255,000

Bedrooms-- Baths-- Sq 15,504

Monthly Estimate*

^$ 1,591

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Commercial Property for sale in Highland Park, MI

for $255,000. This 15,504 square foot building was built on a lot size of 0.22.

Unusual opportunity. Lets start with a concrete ramp to the second floor that has excessive clearance for vehicles. You can have an enclosed parking area and total manufacturing on the second floor. The subject needs remodeling and re-roofing. Roof may be steel substructure. The building sits just off Woodward Avenue with easy of access to expressway. Location is situated just South of Palmer Park and North of Historical Chicago Blvd. A prior use of building was used for boat sales and repairs however it's perfect for classic vehicle storage / restoration all within a solid constructed fortress. Seller may consider a land contract.

Commercial Active

Price

^$ 255,000

Property Type

Commercial

Taxes

^$ 2,300

Style

Commercial/Industrial

Lot Size

0.22

Town/City

Highland Park

County/Region

Wayne

MLS | Web ID

60104496

Features

General

Heating Space Heater

Possession At Close

Water Public Water at Street

Status Active Active

Year Built 19

Subdivision STEVEN & CANDLER SUB BLOCK NO 1 MI

Water Heater Gas

County Wayne

Class COM/IND/BUS OPP

Type Commercial/Industrial

Ownership Private

Municipality Detroit

Zoning Commercial

Sale/Rent For Sale

Status Detail 0

Commercial Features Overhead Doors

Area Detroit (82001)

Primary City Highland Park

Directions the building is between McNichols and Davison fwy.

City Highland Park

Financial Terms Cash

Legal Description 7589 E 143FT OF S 17.50FT OF LOT 2 ALSO E 143FT OF LOT 3 BLK 1 STEVENS AND CANDLER'S SUB BLOCK 1 T1S R113 L20 P10 WCR

DOM 1280

Postal Code 48203

Price Per Sq Ft Total AG 16.45

Public Remarks Unusual opportunity. Lets start with a concrete ramp to the second floor that has excessive clearance for vehicles. You can have an enclosed parking area and total manufacturing on the second floor. T

Exterior

Frontage 143

Lot Size Area 0.22

Lot Dimensions 143.00X67.50

Roads Paved Street

Waterfront Y/N No

Interior

Fuel Type Natural Gas

* Excluded Features

List By

Robert LaBute

Listing Agent

Real Estate Management Specialists Inc

Broker

LaBute@REMSrealestate.com

Affordability Calculator

$1,783

Per Month

Monthly Principal & Interest: $1,591
Monthly Property Taxes: $192
Monthly Home Insurance: --

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Yearly 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

Trends
Schools

Commerical listings in Highland Park, MI

Average List Price ^$882,879

Percent of Sale Price 246%

About Highland Park, MI

10,054 Population

-40% Since 2002

^$18,891 Median Income

41.01 Median Age

22% 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
8/24/2022	$255,000	-14.72%	Price Down
6/23/2022	$299,000	-14.57%	Price Down
6/9/2022	$350,000		Listed Price

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15 FERRIS Street, Highland Park, MI, 48203 is a Commercial Property for sale at $255,000 with 15,504 sqft and a lot size of 0.22. The property's zip code is 48203 which is in Highland Park, MI

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: 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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15 FERRIS Street

Commercial Property for sale in Highland Park, MI

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