11351 E 7 MILE Road Detroit, MI ^$ 350,000

11351 E 7 MILE Road

^$ 350,000

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11351 E 7 MILE Road

Detroit, MI, 48234

^$ 350,000

Bedrooms-- Baths-- Sq 4,733

Monthly Estimate*

^$ 2,184

11351 E 7 MILE Road, Detroit, MI 48234 - Image 1

11351 E 7 MILE Road, Detroit, MI 48234 - Image 2

11351 E 7 MILE Road, Detroit, MI 48234 - Image 3

11351 E 7 MILE Road, Detroit, MI 48234 - Image 4

11351 E 7 MILE Road, Detroit, MI 48234 - Image 5

11351 E 7 MILE Road, Detroit, MI 48234 - Image 6

11351 E 7 MILE Road, Detroit, MI 48234 - Image 7

Commercial Property for sale in Detroit, MI

for $350,000. This 4,733 square foot building was built on a lot size of 0.17.

Calling all investors and business owners!! Great value. This income producing corner stirp is located in a high traffic area. This building has 3 units with glass doors and picture windows. also a 1 bedroom apartment. Currently all units have paying tenants. Please do not disturb the tenant. No showings without accepted offer.

Commercial Active

Price

^$ 350,000

Property Type

Commercial

Taxes

^$ 2,511

Style

Commercial/Industrial

Lot Size

0.17

Town/City

Detroit

County/Region

Wayne

MLS | Web ID

60209278

Features

General

Possession At Close

Water Public Water

Status Active Active

Year Built 19

Subdivision SEVEN MILE HEIGHTS SUB MI

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 Take 7 mile headed east pass Outer Drive. Property on the left side

City Detroit

Financial Terms Cash Conventional

Legal Description N--E SEVEN MILE RD 12 THRU 14 SEVEN MILE HEIGHTS SUB L53 P52 PLATS W C R 17/522 66 X 110

DOM 946

Postal Code 48234

Price Per Sq Ft Total AG 73.95

Public Remarks Calling all investors and business owners!! Great value. This income producing corner stirp is located in a high traffic area. This building has 3 units with glass doors and picture windows. also a 1

Exterior

Exterior Brick

Frontage 66

Lot Size Area 0.17

Lot Dimensions 66.00 x 110.00

Roads Paved Street

Waterfront Y/N No

* Excluded Features

List By

Leonard Pickett

Listing Agent

Rch Brokerage Legacy Inc

Broker

lpickettiii@rchlegacy.com

Affordability Calculator

$2,393

Per Month

Monthly Principal & Interest: $2,184
Monthly Property Taxes: $209
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 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 ^$501,686

Percent of Sale Price 43%

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
5/3/2023	$227,184		Listed Price

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11351 E 7 MILE Road, Detroit, MI, 48234 is a Commercial Property for sale at $350,000 with 4,733 sqft and a lot size of 0.17. The property's zip code is 48234 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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11351 E 7 MILE Road

Commercial Property for sale in Detroit, MI

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