1625 E GRAND Boulevard Detroit, MI ^$ 2,100,000

1625 E GRAND Boulevard

^$ 2,100,000

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1625 E GRAND Boulevard

Detroit, MI, 48211

^$ 2,100,000

Studio Baths0.0 Sq 28,689

Monthly Estimate*

^$ 14,669

1625 E GRAND Boulevard, Detroit, MI 48211 - Image 1

1625 E GRAND Boulevard, Detroit, MI 48211 - Image 2

1625 E GRAND Boulevard, Detroit, MI 48211 - Image 3

1625 E GRAND Boulevard, Detroit, MI 48211 - Image 4

Studio

Commercial Property for sale in Detroit, MI

for $2,100,000. This 28,689 square foot building was built on a lot size of 0.7.

Great development opportunity! This 3 story Albert Khan building operated as the design center for the Packard plant in the 1940's. With Over 28,000 square feet this building has plenty of space to accommodate many operations. Zoned M-4. This property is sold as a package with 6437 E. Palmer #20230033501 (adjacent land) which brings the acreage to 0.7. Parcels will not be sold individually.

Commercial Active

Price

^$ 2,100,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 2,908

Style

Commercial/Industrial

Lot Size

0.7

Town/City

Detroit

County/Region

Wayne

MLS | Web ID

60282992

Features

General

Possession At Close

Water Community

Status Active Active

Year Built 19

Subdivision MC CORMICKS SUB (PLATS) MI

County Wayne

Class COM/IND/BUS OPP

Type Commercial/Industrial

Percent Ownership Private

Municipality Detroit

Zoning Commercial Industrial

Area Detroit (82001)

Primary City Detroit

Directions Building is on the S side of East Grand Blvd.

City Detroit

Street Name GRAND

Financial Terms Cash

Legal Description S GRAND BLVD E 24 THRU 26 E 9.20 FT 27 VAC BEAUFAIT ADJ & N 10 FT OF VAC ALLEY ADJ MC CORMICKS SUB L19 P50 PLATS W C R 15/82 128.61 X 150

DOM 97

Postal Code 48211

Price Per Sq Ft 73.2

Coming Soon Great development opportunity! This 3 story Albert Khan building operated as the design center for the Packard plant in the 1940's. With Over 28

Exterior

Exterior Brick

Frontage 129

Lot Size Area 0.7

Lot Dimensions 129.00 x 150.00

Roads Paved Street

Waterfront Y/N No

* Excluded Features

List By

Erick Monzo

Listing Agent

Keller Williams Realty-Great Lakes

Broker

monzogroupdocs@gmail.com

Affordability Calculator

$14,911

Per Month

Monthly Principal & Interest: $14,669
Monthly Property Taxes: $242
Monthly Home Insurance: --

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Down Payment

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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 Detroit, MI

Average List Price ^$473,955

Percent of Sale Price 77%

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
1/17/2024	$2,100,000		Listed Price

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1625 E GRAND Boulevard, Detroit, MI, 48211 is a Commercial Property for sale at $2,100,000 with 28,689 sqft and a lot size of 0.7. 1625 E GRAND Boulevard is a studio with 0.0 baths. The property's zip code is 48211 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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1625 E GRAND Boulevard

Commercial Property for sale in Detroit, MI

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