12520 Morang Drive Detroit, MI ^$ 550,000

12520 Morang Drive

^$ 550,000

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12520 Morang Drive

Detroit, MI, 82001

^$ 550,000

Bedrooms-- Baths-- Sq 2,176

Monthly Estimate*

^$ 3,431

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Commercial Property for sale in Detroit, MI

for $550,000. This 2,176 square foot building was built in 1971 on a lot size of 0.54.

A Large Business Opportunity Over 2000 Sf, Building Include Office And 3 Huge Bay Garage All Sitting In A Fenced Half Acre Lot . Current Uses As A Dealership, And It Can Be Converted Into Another Opportunity With This Busy Location!

Commercial Active

Price

^$ 550,000

Property Type

Commercial

Taxes

^$ 0

Style

Commercial/Industrial

Lot Size

0.54

Year Built

1971

Town/City

Detroit

County/Region

Wayne

MLS | Web ID

50154894

Features

General

Heating Forced Air Hot Water

Cooling Ceiling Fan(s) Central A/C Dehumidifier Exhaust Fan HVAC

Roof Shingles

Water Public Water

Status Active Active

Year Built 1971

Water Heater Electric Gas

County Wayne

Class COM/IND/BUS OPP

Type Commercial/Industrial

Ownership LLC

Municipality Detroit

Zoning Commercial

Subdivision MI

Sale/Rent For Sale

Status Detail 0

Commercial Features Fence Fixtures Furniture Sidewalks

Area Detroit (82001)

Primary City Detroit

Location Corner Lot

City Detroit

Financial Terms Cash Conventional FHA

Legal Description E MORANG 55 THRU 45 LEIGH G COOPERS SUPER HWY SUB L55 P20 PLATS W C R 21/897 235 X 100

DOM 247

Postal Code 48224

Price Per Sq Ft Total AG 252.76

Public Remarks A Large Business Opportunity Over 2000 Sf Building Include Office And 3 Huge Bay Garage All Sitting In A Fenced Half Acre Lot . Current Uses As A Dealership

Exterior

Exterior Brick

Exterior Amenities Fence Owned

Lot Size Area 0.54

Lot Dimensions 23 522

Roads City/County

Waterfront Y/N No

Interior

Fuel Type Electric Natural Gas

* Excluded Features

List By

Arkan Aboona

Listing Agent

Keller Williams Realty Lakeside

Broker

arkanaboona@gmail.com

Affordability Calculator

$3,431

Per Month

Monthly Principal & Interest: $3,431
Monthly Property Taxes: --
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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THE TIME TO SELL IS NOW! What's my home worth?

Nearby

Trends
Schools

Commerical listings in Detroit, MI

Average List Price ^$501,686

Percent of Sale Price 9%

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
12/19/2024	$550,000	-6.78%	Price Down
9/10/2024	$590,000		Listed Price

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12520 Morang Drive, Detroit, MI, 82001 is a Commercial Property for sale at $550,000 with 2,176 sqft and a lot size of 0.54. 12520 Morang Drive was built in 1971. The property's zip code is 82001 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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12520 Morang Drive

Commercial Property for sale in Detroit, MI

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