4314 W VERNOR Highway Detroit, MI ^$ 425,000

4314 W VERNOR Highway

^$ 425,000

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Recently Listed

4314 W VERNOR Highway

Detroit, MI, 48209

^$ 425,000

Studio Baths0.0 Sq 4,000

Monthly Estimate*

^$ 2,969

4314 W VERNOR Highway, Detroit, MI 48209 - Image 1

4314 W VERNOR Highway, Detroit, MI 48209 - Image 2

4314 W VERNOR Highway, Detroit, MI 48209 - Image 3

4314 W VERNOR Highway, Detroit, MI 48209 - Image 4

4314 W VERNOR Highway, Detroit, MI 48209 - Image 5

4314 W VERNOR Highway, Detroit, MI 48209 - Image 6

4314 W VERNOR Highway, Detroit, MI 48209 - Image 7

Studio

Commercial Property for sale in Detroit, MI

for $425,000. This building is 4,000 square feet.

Location, Location, Location. Vacant Restaurant w/ Apartments Above in the Heart of SW Detroit. Property is on Vernor across the Street from Clark Park. This property is minutes from the Train Station, and Downtown. Convenient to Shopping and Major Freeways. Shown by Appointment only. Renovation on 2nd Floor Needed. This is an Estate Situation and property shares TAX ID w/Other properties. will be split prior to sale. BATVAI. Please Call Agent w/Any Questions.

Commercial Active

Price

^$ 425,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 6,412

Style

Commercial/Industrial

Town/City

Detroit

County/Region

Wayne

MLS | Web ID

60303841

Features

General

Possession At Close

Roof Asphalt

Water Public Water

Status Active Active

Year Built 19

Subdivision SCOTTEN & LOVETTS SUB ALL PT PC 267 268 & 270 MI

Water Heater Gas

County Wayne

Class COM/IND/BUS OPP

Type Commercial/Industrial

Percent Ownership Private

Municipality Detroit

Zoning Commercial Residential

Area Detroit (82001)

Primary City Detroit

Directions Vernor west from W. Grand Blvd to Address

City Detroit

Street Name VERNOR

Financial Terms Cash Conventional

Legal Description N VERNOR HWY E 60.33 FT OF S 108FT 1 SCOTTEN & LOVETTS SUB L1 P198 PLATS WCR 14/34 1 W 30FT 2 QUINN & HAGGERTYS SUB L17 P12 PLATS W C R 14/35 60.33 X 108

DOM 16

Postal Code 48209

Price Per Sq Ft 106.25

Coming Soon Location Location Location. Vacant Restaurant w/ Apartments Above in the Heart of SW Detroit. Property is on Vernor across the Street from Clark Park. This property is minutes from the Train Station

Exterior

Exterior Brick

Frontage 30

Lot Size Area 0

Lot Dimensions 30x60

Roads Paved Street

Waterfront Y/N No

* Excluded Features

List By

Tom Ball

Listing Agent

Real Estate One-Novi

Broker

tomball@realestateone.com

Affordability Calculator

$3,503

Per Month

Monthly Principal & Interest: $2,969
Monthly Property Taxes: $534
Monthly Home Insurance: --

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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 ^$467,337

Percent of Sale Price 10%

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
4/29/2024	$425,000		Listed Price

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4314 W VERNOR Highway, Detroit, MI, 48209 is a Commercial Property for sale at $425,000 with 4,000 sqft. 4314 W VERNOR Highway is a studio with 0.0 baths. The property's zip code is 48209 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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4314 W VERNOR Highway

Commercial Property for sale in Detroit, MI

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