12626 E 7 MILE Road Detroit, MI $ 225,000
12626 E 7 MILE Road
$ 225,000
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12626 E 7 MILE Road

Detroit, MI, 48205
$ 225,000
Baths0.0 Sq 4,480

Monthly Estimate*

$ 1,572

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View a Virtual Tour
Studio

Commercial Property for sale in Detroit, MI

for $225,000. This 4,480 square foot building was built on a lot size of 0.39.

Welcome to an exciting opportunity for entrepreneurs and automotive enthusiasts alike! This prime real estate offers a fantastic neighborhood mechanic/repair shop building that is now available for sale, providing you with a blank canvas to bring your ideas to life and shape it into your own automotive haven. Situated in a well-traveled area, the shop boasts a strategic location that ensures a steady flow of clients and potential customers. The convenience of the location not only keeps existing clients coming back but also attracts new ones, making it an ideal spot for a thriving automotive business. The property features several bays, providing ample space for your mechanical operations. With a generous layout and additional space in the form of an extra lot, you'll have the capacity to accommodate approximately 40 cars on site. This additional lot opens up possibilities for expansion or customization, allowing you to tailor the space to suit your business needs perfectly. Buy with confidence as the sale includes the potential for an incredible automotive business venture. However, it's important to note that all interested parties should conduct due diligence. "BATVAI" (Buyer's Agent To Verify All Information) is emphasized, ensuring that the buyer's agent verifies all details, measurements, data, and city usage/zoning requirements to guarantee a smooth and informed transaction. Seller may consider land contract with substantial down payment. Don't miss out on this rare chance to own a mechanic/repair shop building in a highly sought-after location. Seize the opportunity to turn this property into the automotive destination you've always envisioned. Contact us now to schedule a viewing and explore the endless possibilities that await you!

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Commercial Active

Price

$ 225,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 4,724

Style

Commercial/Industrial

Lot Size

0.39

Town/City

Detroit

County/Region

Wayne

MLS | Web ID

60278443

Features
General
Heating Forced Air
Possession At Close
Water Public Water Public Water at Street
Status Active Active
Year Built 19
Subdivision WALTHAM MI
County Wayne
Class COM/IND/BUS OPP
Type Commercial/Industrial
Percent Ownership Private
Municipality Detroit
Zoning Commercial
Area Detroit (82001)
Primary City Detroit
Virtual Tour https://www.propertypanorama.com/instaview/nocbor/20230104264
Directions On 7 Mile Road and one building from Waltham
City Detroit
Street Name 7 MILE
Financial Terms Cash Conventional
Legal Description S SEVEN MILE RD E 144 THRU 137 WALTHAM SUB L42 P8 PLATS W C R 21/787 171 X 100
DOM 129
Postal Code 48205
Price Per Sq Ft 50.22
Coming Soon
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Exterior
Exterior Block
Frontage 171
Lot Size Area 0.39
Lot Dimensions 171.00 x 100.00
Roads Paved Street
Waterfront Y/N No
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* Excluded Features
List By
Bob Otrompke

Listing Agent

Community Choice Realty Associates, Llc

Broker

bobotrompke@gmail.com

Email

Affordability Calculator

$1,965
Per Month
80%
20%
0%
Monthly Principal & Interest
$1,572
Monthly Property Taxes
$394
Monthly 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
THE TIME TO SELL IS NOW!
Nearby
760529 Elementary School
760235 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
12/16/2023$225,000 Listed Price

Map


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12626 E 7 MILE Road, Detroit, MI, 48205 is a Commercial Property for sale at $225,000 with 4,480 sqft and a lot size of 0.39. 12626 E 7 MILE Road is a studio with 0.0 baths. The property's zip code is 48205 which is in Detroit, MI