701 E 8 MILE Road Hazel Park, MI ^$ 219,900

701 E 8 MILE Road

^$ 219,900

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701 E 8 MILE Road

Hazel Park, MI, 48030

^$ 219,900

Studio Baths0.0 Sq 3,108

Monthly Estimate*

^$ 1,536

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Studio

Commercial Property for sale in Hazel Park, MI

for $219,900. This 3,108 square foot building was built on a lot size of 0.08.

3100 sq ft Building for sale with 8 mile road frontage and I-75 accessibility. Building is vacant and ready for your build out. Multiple use possibilities. HVAC rooftop unit approximately 9 years old. One half of roof is newer. Newer 200 amp electrical service. Vacant lot behind Building could be acquired for additional parking. Land Contract terms available and are as follows: $229,900 Purchase Price - $60,000 down - 9% interest - 5 year Balloon.

Commercial Active

Price

^$ 219,900

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 5,315

Style

Commercial/Industrial

Lot Size

0.08

Town/City

Hazel Park

County/Region

Oakland

MLS | Web ID

60225752

Features

General

Heating Forced Air

Possession At Close

Water Public Water

Status Active Active

Year Built 19

Subdivision HERMAN W MEINKE SUB MI

Water Heater Gas

County Oakland

Class COM/IND/BUS OPP

Type Commercial/Industrial

Percent Ownership Private

Municipality Hazel Park

Zoning Commercial

Area Hazel Park (63257)

Primary City Hazel Park

Directions N side of 8 mile just W of I-75

City Hazel Park

Street Name 8 MILE

Financial Terms Cash Conventional

Legal Description T1N R11E SEC 36 HERMAN W MEINKE SUB LOT 6

DOM 325

Postal Code 48030

Price Per Sq Ft 70.75

Coming Soon

Exterior

Exterior Block

Frontage 34

Lot Size Area 0.08

Lot Dimensions 34 x 100

Roads Paved Street

Waterfront Y/N No

* Excluded Features

List By

Martin Copp

Listing Agent

Michigan Power Brokers Llc

Broker

martycopp13@gmail.com

Affordability Calculator

$1,979

Per Month

Monthly Principal & Interest: $1,536
Monthly Property Taxes: $443
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 Hazel Park, MI

Average List Price ^$315,413

Percent of Sale Price 43%

About Hazel Park, MI

16,608 Population

-12% Since 2002

^$33,622 Median Income

38.35 Median Age

25% 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
4/25/2024	$219,900	-2.22%	Price Down
9/25/2023	$224,900	-2.17%	Price Down
9/5/2023	$229,900	-4.17%	Price Down
7/23/2023	$239,900	-4.00%	Price Down
6/5/2023	$249,900		Listed Price

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701 E 8 MILE Road, Hazel Park, MI, 48030 is a Commercial Property for sale at $219,900 with 3,108 sqft and a lot size of 0.08. 701 E 8 MILE Road is a studio with 0.0 baths. The property's zip code is 48030 which is in Hazel Park, 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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701 E 8 MILE Road

Commercial Property for sale in Hazel Park, MI

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