740 E GRAND Boulevard Detroit, MI ^$ 699,900

740 E GRAND Boulevard

^$ 699,900

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740 E GRAND Boulevard

Detroit, MI, 48207

^$ 699,900

Bedrooms-- Baths-- Sq 14,136

Monthly Estimate*

^$ 4,366

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Commercial Property for sale in Detroit, MI

for $699,900. This 14,136 square foot building was built on a lot size of 0.43.

HISTORICAL BUILDING Ã¢â¬â TRINITY DELIVERANCE CHURCH: This two-story, approximately 23,000 sq. ft. building includes a full basement and seating for around 1,100, including balcony seating. Located near Island View, Indian Village, and Belle Isle, it presents an excellent opportunity for investors. The interior offers endless potential for repurposing as low-income apartments, an art gallery, a modern dance studio, or a banquet center. The building requires rehabilitation, including plumbing, heating, and electrical repairs due to vandalism. A vacant parcel adjacent to the east side of the alley, measuring 150x57, is included for parking. The purchase of the parsonage (house at 728 E. Grand Blvd.) is optional and available for consideration.

Commercial Active

Price

^$ 699,900

Property Type

Commercial

Taxes

^$ 100

Style

Commercial/Industrial

Lot Size

0.43

Town/City

Detroit

County/Region

Wayne

MLS | Web ID

60371093

Features

General

Possession At Close

Water Public Water

Status Active Active

Year Built 19

County Wayne

Class COM/IND/BUS OPP

Type Commercial/Industrial

Municipality Detroit

Zoning Commercial

Subdivision MI

Sale/Rent For Sale

Status Detail 0

Area Detroit (82001)

Primary City Detroit

Directions MAP

City Detroit

Financial Terms Cash Conventional

Legal Description E E GRAND BLVD N 100 FT OF THE W 185 OF PC 678 LYG E AND ADJ E GRAND BLVD 150 FT WD AND S AND ADJ PRESTON ST 60 FT WD 15/31 100 X 185 18500 SQ FT

DOM 289

Postal Code 48207

Price Per Sq Ft Total AG 49.51

Public Remarks HISTORICAL BUILDING Ã¢â¬â TRINITY DELIVERANCE CHURCH: This two-story approximately 23 000 sq. ft. building includes a full basement and seating for around 1 100

Exterior

Exterior Brick

Frontage 100

Lot Size Area 0.43

Lot Dimensions 100.00 x 185.00

Roads Paved Street

Waterfront Y/N No

* Excluded Features

List By

Beverly Jordan

Listing Agent

Global Scope Real Estate Solutions

Broker

bjdreamseller@gmail.com

Affordability Calculator

$4,375

Per Month

Monthly Principal & Interest: $4,366
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 29%

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
2/18/2025	$699,900		Listed Price

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740 E GRAND Boulevard, Detroit, MI, 48207 is a Commercial Property for sale at $699,900 with 14,136 sqft and a lot size of 0.43. The property's zip code is 48207 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.

Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.

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740 E GRAND Boulevard

Commercial Property for sale in Detroit, MI

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