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19706 Sherwood Street Detroit, MI $ 799,900
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$ 799,900 Get more info
19706 Sherwood Street
$ 799,900
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19706 Sherwood Street

Detroit, MI, 48234
$ 799,900
Baths0.0 Sq 3,280

Monthly Estimate*

$ 5,588

19706 Sherwood Street, Detroit, MI 48234 - Image 1
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19706 Sherwood Street, Detroit, MI 48234 - Image 8
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19706 Sherwood Street, Detroit, MI 48234 - Image 14
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19706 Sherwood Street, Detroit, MI 48234 - Image 16
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Studio

Commercial Property for sale in Detroit, MI

for $799,900. This 3,280 square foot building was built in 1947 on a lot size of 0.25.

Thriving and operational liquor store with over 15 years of profitable operation, seller has made the decision to retire. The property is well maintained, current operational hours Mon-Thurs (9am-9pm), Fri (9am-10pm), Sat (10am-10pm), Sun (10am-9pm). Areas to increase revenue: extend hours of operation, lease out commercial kitchen, increase store inventory. With Heavy and consistent traffic flow, this is an excellent investment opportunity to enhance your business portfolio. List price consist of: Business, Liquor License, Store Inventory, and Real Estate.

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Commercial Active

Price

$ 799,900

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 3,311

Style

Liquor Store

Lot Size

0.25

Year Built

1947

Town/City

Detroit

County/Region

Wayne

MLS | Web ID

20240011040
Features
Interior
Heating Fuel Natural Gas
Street Suffix Street
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General
Sewer Sewer at Street
Heating Forced Air
Possession Close Plus 3-5 Days
current use Liquor Store
Zoning Commercial
Year Built 1947
Business Type Retail
Property Type Commercial
Subdivision Name PATERSON BROS & CO OUTER DRIVE-VAN DYKE (PLATS)
Transaction Type Sale
Status Active
Short Sale No
Construction Materials Block/Concrete/Masonry Brick
Cumulative Days on Market 59
MLS Area Det 6-8 Dequindre To Conner
Directions E. Outer Dr. & Sherwood St
City Detroit
Terms Offered Cash Conventional
School District Detroit
Land Contract 0
Ownership Status Short Sale - No Private Owned
Street Name SHERWOOD
Assessment 100.00
Total Sq Ft 3280
DOM 59
Taxes 3311.0000
Legal Description E SHERWOOD 546 THRU 542 PATERSON BROS & CO OUTER DRIVE VAN DYKE SUB L46 P89 PLATS W C R 15/260 100 X 111
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Exterior
Waterfront 0
Lot Size Area 0.25
Water Source Water at Street
Foundation Slab
Lot Size Dimensions 100.00 x 111.00
Roof Material Asphalt
Architecture Level 1 Story
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Internal Only
Originating MLS Realcomp II Ltd
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* Excluded Features
List By
Christopher Wallington

Listing Agent

Kw Domain

Broker

(313) 293-3841

Phone

Affordability Calculator

$5,863
Per Month
95%
5%
0%
Monthly Principal & Interest
$5,588
Monthly Property Taxes
$276
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
848539 Elementary School
848135 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
3/18/2024$799,900 -3.04% Price Down
2/23/2024$825,000 Listed Price

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19706 Sherwood Street, Detroit, MI, 48234 is a Commercial Property for sale at $799,900 with 3,280 sqft and a lot size of 0.25. 19706 Sherwood Street is a studio with 0.0 baths and was built in 1947. The property's zip code is 48234 which is in Detroit, MI

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