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1740 Michigan Avenue Detroit, MI $ 1,000,000
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$ 1,000,000 Get more info
1740 Michigan Avenue
$ 1,000,000
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1740 Michigan Avenue

Detroit, MI, 48216
$ 1,000,000
Baths0.0 Sq 6,412

Monthly Estimate*

$ 6,985

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Studio

Commercial Property for sale in Detroit, MI

for $1,000,000. This 6,412 square foot building was built in 1890 on a lot size of 0.14.

O'Connor Real Estate is pleased to offer 1740 and 1744 Michigan Avenue. This 1890 building is located in the heart of Corktown and sits just blocks away from Ford's Michigan Central Station. The building is comprised of two or three retail spaces on the ground floor, one renovated residential unit and the ability to add one or two additional residential units on the second floor.

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Commercial Pending

Price

$ 1,000,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 10,244

Style

Lot Size

0.14

Year Built

1890

Town/City

Detroit

County/Region

Wayne

MLS | Web ID

20240004535
Features
General
Sewer Public Sewer (Sewer-Sanitary)
Possession At Close
Zoning Commercial Multi-Family Office
Year Built 1890
Property Type Commercial
Transaction Type Sale
Status Pending
Short Sale No
Construction Materials Brick
Cumulative Days on Market 67
MLS Area Det South Of Grand River
Directions NE Corner of Michigan Ave and Harrison in Corktown
City Detroit
Terms Offered Cash Conventional
School District Detroit
Land Contract 0
Ownership Status Short Sale - No Private Owned
Street Name Michigan
Assessment 100.00
Total Sq Ft 6412
DOM 67
Taxes 10244.0000
Legal Description N MICHIGAN 47 & 46 PLAT OF P C 27 L2 P5 PLATS WCR 8/29 39.58 IRREG (5850.00 S.F)
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Exterior
Waterfront 0
Lot Size Area 0.14
Water Source Public (Municipal)
Lot Size Dimensions 40.00 x 150.00
Architecture Level 2 Story
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Interior
Street Suffix Avenue
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Internal Only
Originating MLS Realcomp II Ltd
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* Excluded Features
List By
Vincent Mazzola

Listing Agent

O'connor Realty Detroit, Llc

Broker

(313) 963-9891

Phone

Affordability Calculator

$7,839
Per Month
89%
11%
0%
Monthly Principal & Interest
$6,985
Monthly Property Taxes
$854
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!
Nearby
848539 Elementary School
848135 Middle School
Unknown High School High School
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Pricing History
DatePricePrice ChangeDescription
1/24/2024$1,000,000 Listed Price

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1740 Michigan Avenue, Detroit, MI, 48216 is a Commercial Property for sale at $1,000,000 with 6,412 sqft and a lot size of 0.14. 1740 Michigan Avenue is a studio with 0.0 baths and was built in 1890. The property's zip code is 48216 which is in Detroit, MI

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