309 W 7 MILE Road Detroit, MI ^$ 279,900

309 W 7 MILE Road

^$ 279,900

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309 W 7 MILE Road

Detroit, MI, 48203

^$ 279,900

Studio Baths0.0 Sq 6,336

Monthly Estimate*

^$ 1,955

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Studio

Commercial Property for sale in Detroit, MI

for $279,900. This 6,336 square foot building was built on a lot size of 0.28.

A fantastic chance awaits with this commercial building boasting over 6,300 square feet of potential! The open, unoccupied space is ready for your unique touch. It features a huge showroom, separate storage room, and fenced-in yard for added convenience. The 140 feet of frontage along the bustling 7 Mile Road gives it exceptional curb appeal. For details on potential usage and restrictions, reach out to the city's building/zoning department. Ample parking space is at your disposal. Seize this opportunity and schedule a viewing of this remarkable commercial property today!

Commercial Active

Price

^$ 279,900

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 3,832

Style

Commercial/Industrial

Lot Size

0.28

Town/City

Detroit

County/Region

Wayne

MLS | Web ID

60258121

Features

General

Heating Forced Air

Possession At Close

Exterior Features Security Lighting

Water Public Water

Status Active Active

Year Built 19

Subdivision O FLAHERTYS JAMES E LOG CABIN NO 1 MI

Water Heater Gas

County Wayne

Class COM/IND/BUS OPP

Type Commercial/Industrial

Percent Ownership Private

Municipality Detroit

Zoning Commercial

Commercial Features Overhead Doors

Area Detroit (82001)

Primary City Detroit

Directions Seven Mile east of Woodward Ave

City Detroit

Street Name 7 MILE

Financial Terms Cash Conventional

Legal Description S SEVEN MILE RD W 266 THRU 260 JAMES E OFLAHERTYS LOG CABIN NO 1 L67 P16 PLATS W C R 1/214 140 X 87.71A

DOM 211

Postal Code 48203

Price Per Sq Ft 44.18

Coming Soon A fantastic chance awaits with this commercial building boasting over 6 300 square feet of potential! The open unoccupied space is ready for your unique touch. It features a huge showroom

Exterior

Exterior Brick

Frontage 140

Lot Size Area 0.28

Lot Dimensions 140.00 x 88.00

Roads Paved Street

Waterfront Y/N No

Interior

Fuel Type Natural Gas

* Excluded Features

List By

Abe Qassis

Listing Agent

Re/Max Classic

Broker

abeq@remax.net

Affordability Calculator

$2,275

Per Month

Monthly Principal & Interest: $1,955
Monthly Property Taxes: $319
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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THE TIME TO SELL IS NOW!

Nearby

Trends
Schools

Commerical listings in Detroit, MI

Average List Price ^$473,955

Percent of Sale Price 69%

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
9/25/2023	$279,900		Listed Price

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309 W 7 MILE Road, Detroit, MI, 48203 is a Commercial Property for sale at $279,900 with 6,336 sqft and a lot size of 0.28. 309 W 7 MILE Road is a studio with 0.0 baths. The property's zip code is 48203 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.

Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.

The information published and disseminated by MiRealSource is communicated verbatim, without change by MiRealSource, as filed with MiRealSource by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.

The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc.

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309 W 7 MILE Road

Commercial Property for sale in Detroit, MI

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