1759 20TH Street Detroit, MI ^$ 5,000,000

1759 20TH Street

^$ 5,000,000

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1759 20TH Street

Detroit, MI, 48216

^$ 5,000,000

Studio Baths0.0 Sq 17,797

Monthly Estimate*

^$ 34,926

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Studio

Commercial Property for sale in Detroit, MI

for $5,000,000. This 17,797 square foot building was built on a lot size of 1.3.

Great location right off the Fisher Freeway! With 2 levels of office spaces, an attached warehouse, and roughly 56,500 sq. feet of land, this property has endless potential. Within walking distance to the Michigan Central Station and Corktown. Building is zoned B4 in an opportunity zone. Showings by appointment only.

Commercial Active

Price

^$ 5,000,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 17,482

Style

Commercial/Industrial

Lot Size

1.3

Town/City

Detroit

County/Region

Wayne

MLS | Web ID

60294157

Features

General

Possession Negotiable (Possession)

Water Public Water

Status Active Active

Year Built 19

Subdivision GEORGE H HAMMONDS RESUB (PLATS) MI

County Wayne

Class COM/IND/BUS OPP

Type Commercial/Industrial

Percent Ownership Private

Municipality Detroit

Zoning Mixed Use Commercial

Area Detroit (82001)

Primary City Detroit

Directions Vernor Hwy exit East off Fisher Fwy

City Detroit

Street Name 20TH

Financial Terms Cash Conventional

Legal Description W 20TH 11-4 N 10 FT 3 N 10 FT 46 45-38 EXC VERNOR HWY AS OPENED ALSO VAC ALLEY ADJ GEO H HAMMONDS RESUB L5 P55 PLATS W C R 12/116 249.53 IRREG

DOM 40

Postal Code 48216

Price Per Sq Ft 280.95

Coming Soon Great location right off the Fisher Freeway! With 2 levels of office spaces an attached warehouse and roughly 56 500 sq. feet of land

Exterior

Exterior Block

Frontage 250

Lot Size Area 1.3

Lot Dimensions 250.00 x 226.00

Roads Paved Street

Waterfront Y/N No

* Excluded Features

List By

Nicholas Aqwa

Listing Agent

Real Estate One-Wb/Fh

Broker

R.NickAqwa@gmail.com

Affordability Calculator

$36,383

Per Month

Monthly Principal & Interest: $34,926
Monthly Property Taxes: $1,457
Monthly Home Insurance: --

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Down Payment

Loan Term

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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THE TIME TO SELL IS NOW!

Nearby

Trends
Schools

Commerical listings in Detroit, MI

Average List Price ^$473,955

Percent of Sale Price 91%

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
3/15/2024	$5,000,000		Listed Price

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1759 20TH Street, Detroit, MI, 48216 is a Commercial Property for sale at $5,000,000 with 17,797 sqft and a lot size of 1.3. 1759 20TH Street is a studio with 0.0 baths. The property's zip code is 48216 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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1759 20TH Street

Commercial Property for sale in Detroit, MI

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