16625 GRAND RIVER Avenue Detroit, MI ^$ 649,900

16625 GRAND RIVER Avenue

^$ 649,900

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16625 GRAND RIVER Avenue

Detroit, MI, 48227

^$ 649,900

Bedrooms-- Baths-- Sq 9,164

Monthly Estimate*

^$ 4,055

16625 GRAND RIVER Avenue, Detroit, MI 48227 - Image 1

Commercial Property for sale in Detroit, MI

for $649,900. This 9,164 square foot building was built on a lot size of 0.23.

This building with multiple offices, kitchen, and bathroom built out for showers is a perfect property for conversion to group or adult foster care home, or for a growing business.

Commercial Active

Price

^$ 649,900

Property Type

Commercial

Taxes

^$ 100

Style

Commercial/Industrial

Lot Size

0.23

Town/City

Detroit

County/Region

Wayne

MLS | Web ID

60336140

Features

General

Possession At Close

Water Public Water at Street

Status Active Active

Subdivision GRANDMONT (PLATS) MI

County Wayne

Class COM/IND/BUS OPP

Type Commercial/Industrial

Ownership Private

Municipality Detroit

Zoning Commercial

Sale/Rent For Sale

Status Detail 0

Area Detroit (82001)

Primary City Detroit

Directions East of Southfield Rd

City Detroit

Financial Terms Cash Conventional

Legal Description S GRAND RIVER 538 THRU 534 GRANDMONT SUB L34 P9 PLATS W C R 22/26 100 X 100

DOM 462

Postal Code 48227

Price Per Sq Ft Total AG 70.92

Public Remarks This building with multiple offices kitchen and bathroom built out for showers is a perfect property for conversion to group or adult foster care home or for a growing business.

Exterior

Exterior Brick

Frontage 100

Lot Size Area 0.23

Lot Dimensions 100.00 x 100.00

Roads Paved Street

Waterfront Y/N No

* Excluded Features

List By

Timothy Cook

Listing Agent

Skyline Realty Group, Llc

Broker

detskyline@aol.com

Affordability Calculator

$4,063

Per Month

Monthly Principal & Interest: $4,055
Monthly Property Taxes: $8
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 6.375% 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 ^$496,505

Percent of Sale Price 24%

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
12/22/2024	$649,900	-0.02%	Price Down
9/2/2024	$650,000		Listed Price

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16625 GRAND RIVER Avenue, Detroit, MI, 48227 is a Commercial Property for sale at $649,900 with 9,164 sqft and a lot size of 0.23. The property's zip code is 48227 which is in Detroit, MI

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.375% 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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16625 GRAND RIVER Avenue

Commercial Property for sale in Detroit, MI

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