23841 W 7 MILE Road Detroit, MI ^$ 125,000

23841 W 7 MILE Road

^$ 125,000

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23841 W 7 MILE Road

Detroit, MI, 48219

^$ 125,000

Bedrooms-- Baths-- Sq 4,630

Monthly Estimate*

^$ 780

23841 W 7 MILE Road, Detroit, MI 48219 - Image 1

23841 W 7 MILE Road, Detroit, MI 48219 - Image 2

23841 W 7 MILE Road, Detroit, MI 48219 - Image 3

23841 W 7 MILE Road, Detroit, MI 48219 - Image 4

23841 W 7 MILE Road, Detroit, MI 48219 - Image 5

23841 W 7 MILE Road, Detroit, MI 48219 - Image 6

23841 W 7 MILE Road, Detroit, MI 48219 - Image 7

Commercial Property for sale in Detroit, MI

for $125,000. This 4,630 square foot building was built on a lot size of 0.23.

Back on the market and reduced!! Opportunity Zone. Excellent location on high traffic 7 mile at Telegraph. Priced to sell fast. Currently used as a beauty supply. Flexible for many uses. Selling building only. Seller will consolidate to another location after closing. Large parking lot on the side with signage. Seller needs 30 days after closing to clean out.

Commercial Pending

Price

^$ 125,000

Property Type

Commercial

Taxes

^$ 7,903

Style

Commercial/Industrial

Lot Size

0.23

Town/City

Detroit

County/Region

Wayne

MLS | Web ID

60109370

Features

General

Heating Forced Air

Possession Close Plus 30 Days

Roof Asphalt

Water Public Water

Status Pending Pending

Year Built 19

Subdivision BUNGALOHILL (PLATS) 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

Area Detroit (82001)

Primary City Detroit

Directions East of Telegraph

City Detroit

Financial Terms Cash

Legal Description S W SEVEN MILE 180 THRU 182 271 THRU 274 EXC SEVEN MILE RD AS WD BUNGALOHILL SUB L35 P61 PLATS W C R 22/372 147 X 68.31A

DOM 240

Postal Code 48219

Price Per Sq Ft Total AG 27

Public Remarks Back on the market and reduced!! Opportunity Zone. Excellent location on high traffic 7 mile at Telegraph. Priced to sell fast. Currently used as a beauty supply. Flexible for many uses. Selling build

Exterior

Exterior Brick

Frontage 147

Lot Size Area 0.23

Lot Dimensions 147 x 68

Roads Paved Street

Waterfront Y/N No

* Excluded Features

List By

Philip Lang

Listing Agent

Re/Max Connection

Broker

PhilipVLang@gmail.com

Affordability Calculator

$1,438

Per Month

Monthly Principal & Interest: $780
Monthly Property Taxes: $659
Monthly Home Insurance: --

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Loan Term

Interest Rate

Yearly Property Taxes

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 Detroit, MI

Average List Price ^$496,505

Percent of Sale Price 297%

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
1/31/2023	$125,000	-16.67%	Price Down
7/5/2022	$150,000	-23.08%	Price Down
6/22/2022	$195,000		Listed Price

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23841 W 7 MILE Road, Detroit, MI, 48219 is a Commercial Property for sale at $125,000 with 4,630 sqft and a lot size of 0.23. The property's zip code is 48219 which is in Detroit, 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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23841 W 7 MILE Road

Commercial Property for sale in Detroit, MI

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