7305 Arno Avenue Allen Park, MI ^$ 925,000

7305 Arno Avenue

^$ 925,000

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7305 Arno Avenue

Allen Park, MI, 48101

^$ 925,000

Bedrooms-- Baths-- Sq 6,858

Monthly Estimate*

^$ 5,771

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Commercial Property for sale in Allen Park, MI

for $925,000. This 6,858 square foot building was built on a lot size of 0.44.

Great investment opportunity in Allen Park with Allen Park Schools. This is a 10-unit apartment complex, with an efficiency apartment as well. 8 of the apartments are 1 bedroom and 2 of them are 2 bedrooms. These apartments have been well maintained and are one level ranch style units. The roof is approximately 10 years old, the patio and approach are both new and the parking lot was re-sealed and striped this year. All of the units, but 2, have new picture windows and there is a maintenance shed as well. There is also coin operated laundry on site. The majority of the tenants are long term, some being there for over 30 years. BATVAI

Commercial Pending

Price

^$ 925,000

Property Type

Commercial

Taxes

^$ 11,819

Style

Commercial/Industrial

Lot Size

0.44

Town/City

Allen Park

County/Region

Wayne

MLS | Web ID

60947195

Features

General

Possession At Close

Water Public Water

Status Pending Pending

Year Built 19

Subdivision Lie-Nor Lawn Sub MI

County Wayne

Class COM/IND/BUS OPP

Type Commercial/Industrial

Ownership Private

Municipality Allen Park

Zoning Commercial Residential

Sale/Rent For Sale

Status Detail 0

Area Allen Park (82141)

Primary City Allen Park

Directions Off of Allen Road enter through McLain.

City Allen Park

Financial Terms Cash Conventional

Legal Description 11A356B TO 362 NLY 6.50FT OF LOT 356 TO LOT 362 INCL ALSO ADJ VAC ARNO AVE 50FT WIDE LIE-NOR LAWN SUB T3S R10E L55 P92 WCR

DOM 14

Postal Code 48101

Price Per Sq Ft Total AG 134.88

Public Remarks Great investment opportunity in Allen Park with Allen Park Schools. This is a 10-unit apartment complex

Exterior

Exterior Brick

Frontage 45

Lot Size Area 0.44

Lot Dimensions 150X126.5

Roads Paved Street

Waterfront Y/N No

* Excluded Features

List By

Stacy Bazman

Listing Agent

Century 21 Curran & Oberski

Broker

stacybazman@yahoo.com

Affordability Calculator

$6,756

Per Month

Monthly Principal & Interest: $5,771
Monthly Property Taxes: $985
Monthly Home Insurance: --

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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 Allen Park, MI

Average List Price ^$279,780

Percent of Sale Price 70%

About Allen Park, MI

28,215 Population

-4% Since 2002

^$64,963 Median Income

42.3 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
10/22/2025	$925,000		Listed Price

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7305 Arno Avenue, Allen Park, MI, 48101 is a Commercial Property for sale at $925,000 with 6,858 sqft and a lot size of 0.44. The property's zip code is 48101 which is in Allen Park, 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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7305 Arno Avenue

Commercial Property for sale in Allen Park, MI

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