7600 W Vernor Detroit, MI ^$ 800,000

7600 W Vernor

^$ 800,000

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7600 W Vernor

Detroit, MI, 48209

^$ 800,000

Studio Baths0.0 Sq 14,184

Monthly Estimate*

^$ 5,588

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Studio

Commercial Property for sale in Detroit, MI

for $800,000. This 14,184 square foot building was built on a lot size of 0.39.

Location! Location!. For sale over 16,000 sq ft mix used used building on W Vernor Hwy .A great investment opportunity in the heart of Southwest Detroit. 1st floor has a former restaurant and 4 retail spaces and ample parking lot. 1st floor units have basements. 2nd floor has 6 two bedroom apartments (some need repairs). This sale includes the restaurant equipment. Great location for all your retail businesses. ALL DATA AND MEASUREMENTS ARE APROXIMATE NOT GARANTEED. BUYER AGENT TO VERIFY ALL INFORMATION.

Commercial Pending

Price

^$ 800,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 5,903

Style

Commercial/Industrial

Lot Size

0.39

Town/City

Detroit

County/Region

Wayne

MLS | Web ID

60225554

Features

Exterior

Exterior Brick

Frontage 120

Lot Size Area 0.39

Lot Dimensions 120.00 x 140.00

Roads Paved Street

Waterfront Y/N No

General

Water Public Water at Street

Status Pending Pending

Year Built 19

Subdivision BURNS SUB OF PT LOT 7 SUB PC 60 S OF DIX RD MI

County Wayne

Class COM/IND/BUS OPP

Type Commercial/Industrial

Percent Ownership Private

Municipality Detroit

Zoning Commercial

Area Detroit (82001)

Primary City Detroit

Directions S of Vernor between Central and Honorah

City Detroit

Street Name VERNOR

Financial Terms Cash Conventional

Legal Description N VERNOR HWY 45 THRU 48 BURNS SUB L14 P65 PLATS WCR 18/195 120.33 X 140

DOM 207

Postal Code 48209

Price Per Sq Ft 56.4

Coming Soon Location! Location!. For sale over 16

Interior

Fuel Type Natural Gas

* Excluded Features

List By

Armando Alvarez

Listing Agent

Las Casas Real Estate Llc

Broker

lascasasrealestate1@gmail.com

Affordability Calculator

$6,080

Per Month

Monthly Principal & Interest: $5,588
Monthly Property Taxes: $492
Monthly Home Insurance: --

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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 41%

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
6/5/2023	$800,000		Listed Price

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7600 W Vernor, Detroit, MI, 48209 is a Commercial Property for sale at $800,000 with 14,184 sqft and a lot size of 0.39. 7600 W Vernor is a studio with 0.0 baths. The property's zip code is 48209 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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7600 W Vernor

Commercial Property for sale in Detroit, MI

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