8930 DEARBORN Street Detroit, MI ^$ 219,000

8930 DEARBORN Street

^$ 219,000

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8930 DEARBORN Street

Detroit, MI, 48209

^$ 219,000

Studio Baths0.0 Sq 2,896

Monthly Estimate*

^$ 1,456

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Studio

Commercial Property for sale in Detroit, MI

for $219,000. This 2,896 square foot building was built on a lot size of 0.12.

SOUTHWEST DETROIT - Great location, tons of traffic! This commercial building in the heart of Southwest Detroit has close to 3,000 sq ft. This is the perfect opportunity to start a new business or expand locations! Property is fully fenced in the front and has 3 separate driveways, 2 bay doors, space for 2 offices upstairs. Building is a former garage/auto shop. This property is in the shadows of the 5 billon dollar Gordie Howe International Bridge. This area is expected to BOOM upon completion of the massive bridge project in the summer of 2025. The timing is ideal to get in before the area takes off. Sale includes additional lot next door (8932 Dearborn St). Between both parcels the land square footage is over 8,500.

Commercial Active

Price

^$ 219,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 250

Style

Commercial/Industrial

Lot Size

0.12

Town/City

Detroit

County/Region

Wayne

MLS | Web ID

60309945

Features

General

Heating Forced Air

Possession At Close

Water Public Water

Status Active Active

Year Built 19

Subdivision HARBAUGHS MI

County Wayne

Class COM/IND/BUS OPP

Type Commercial/Industrial

Percent Ownership Private

Municipality Detroit

Zoning Commercial

Area Detroit (82001)

Primary City Detroit

Directions South of I 75 and North of W Jefferson

City Detroit

Financial Terms Cash Conventional

Legal Description N E DEARBORN 31 HARBAUGHS SUB L13 P21 PLATS W C R 20/82 109.45 IRREG

DOM 27

Postal Code 48209

Price Per Sq Ft Total AG 75.62

Coming Soon SOUTHWEST DETROIT - Great location tons of traffic! This commercial building in the heart of Southwest Detroit has close to 3

Exterior

Exterior Brick

Frontage 109

Lot Size Area 0.12

Lot Dimensions 109 x 50

Roads Paved Street

Waterfront Y/N No

Interior

Fuel Type Natural Gas

* Excluded Features

List By

Hasson Hammoud

Listing Agent

U.S. Investor Group

Broker

Hassan@usinvestorgroup.com

Affordability Calculator

$1,476

Per Month

Monthly Principal & Interest: $1,456
Monthly Property Taxes: $21
Monthly Home Insurance: --

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Interest Rate

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.99% 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 ^$471,885

Percent of Sale Price 115%

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
5/22/2024	$219,000		Listed Price

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8930 DEARBORN Street, Detroit, MI, 48209 is a Commercial Property for sale at $219,000 with 2,896 sqft and a lot size of 0.12. 8930 DEARBORN Street 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 6.99% 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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8930 DEARBORN Street

Commercial Property for sale in Detroit, MI

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