2908 COCHRANE Street Detroit, MI $ 399,000
2908 COCHRANE Street
$ 399,000
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2908 COCHRANE Street

Detroit, MI, 48216
$ 399,000
Bedrooms-- Baths-- Sq 3,100

Monthly Estimate*

$ 2,489

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Commercial Property for sale in Detroit, MI

for $399,000. This 3,100 square foot building was built on a lot size of 0.14.

Welcome to a prime commercial opportunity in the heart of North Corktown, where endless possibilities await in this single-story raw commercial space. This expansive property, zoned R2, provides an ideal canvas for entrepreneurs and investors looking to make their mark in one of Detroit's most sought-after neighborhoods. Key Features:* Zoning: R2, allowing for flexible use and potential for up to three stories of development, providing exceptional versatility for your business vision.* Construction: Built to last, this property features sturdy concrete block construction, ensuring durability and security. * Space: With a generous 3,100 square feet of open space, you have ample room to design and customize your business to suit your specific needs and branding.* Parking/Expansion: The property comes with an additional 3,100 square foot lot, perfect for parking, outdoor expansion, or potential future development. The rear alley access enhances the property's accessibility and flexibility. * Location: Nestled in the heart of North Corktown, this property is surrounded by a vibrant mix of historic charm and new construction condos. This location offers high visibility and accessibility, ensuring that your business can thrive in this growing community. North Corktown is known for its unique blend of historic character and contemporary urban living, making it an attractive destination for both residents and visitors. The neighborhood's proximity to downtown Detroit and its thriving cultural scene provides ample opportunities for businesses to flourish. Whether you're dreaming of a trendy new cafe, a boutique retail shop, a gallery, or any other commercial venture, this raw commercial space with build potential is an exceptional opportunity. Embrace the spirit of North Corktown and turn this property into the next exciting destination in this thriving, growing, developing community.

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Commercial Active

Price

$ 399,000

Property Type

Commercial

Taxes

$ 1,202

Style

Commercial/Industrial

Lot Size

0.14

Town/City

Detroit

County/Region

Wayne

MLS | Web ID

60264822

Features
General
Possession At Close
Water Public Water at Street
Status Active Active
Year Built 19
Subdivision PLAT OF PC 27 LOGNON FARM (PLATS) 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 From Fisher Freeway turn north onto Trumbull left on Temple then right on Cochrane.
City Detroit
Financial Terms Cash
Legal Description E COCHRANE 322 323 PLAT OF LOGNON FARM L2 P5 PLATS W C R 8/29 62 X 100
DOM 784
Postal Code 48216
Price Per Sq Ft Total AG 128.71
Public Remarks Welcome to a prime commercial opportunity in the heart of North Corktown where endless possibilities await in this single-story raw commercial space. This expansive property zoned R2
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Exterior
Exterior Brick
Frontage 62
Lot Size Area 0.14
Lot Dimensions 62 x 100
Roads Paved Street
Waterfront Y/N No
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* Excluded Features
List By
Elizabeth Tintinalli

Listing Agent

@Properties Christie's Int'l R.E. Detroit

Broker

lt@lizindetroit.com

Email

Affordability Calculator

$2,589
Per Month
96%
4%
0%
Monthly Principal & Interest
$2,489
Monthly Property Taxes
$100
Monthly 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
760529 Elementary School
760235 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
10/30/2024$399,000 -11.33% Price Down
4/17/2024$450,000 -9.09% Price Down
2/6/2024$495,000 -17.50% Price Down
10/19/2023$600,000 Listed Price

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2908 COCHRANE Street, Detroit, MI, 48216 is a Commercial Property for sale at $399,000 with 3,100 sqft and a lot size of 0.14. The property's zip code is 48216 which is in Detroit, MI