5047 Chene Street Detroit, MI ^$ 450,000

5047 Chene Street

^$ 450,000

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5047 Chene Street

Detroit, MI, 48211

^$ 450,000

Bedrooms-- Baths-- Sq 1,976

Monthly Estimate*

^$ 2,807

5047 Chene Street, Detroit, MI 48211 - Image 1

5047 Chene Street, Detroit, MI 48211 - Image 2

5047 Chene Street, Detroit, MI 48211 - Image 3

5047 Chene Street, Detroit, MI 48211 - Image 4

5047 Chene Street, Detroit, MI 48211 - Image 5

5047 Chene Street, Detroit, MI 48211 - Image 6

5047 Chene Street, Detroit, MI 48211 - Image 7

Commercial Property for sale in Detroit, MI

for $450,000. This 1,976 square foot building was built on a lot size of 0.07.

This beautiful historic building is located in the heart of Detroit. Near downtown and Eastern Market. Some updated windows and furnace. This large building over 2000 sq ft has a large basement. Schedule an appointment today.

Commercial Active

Price

^$ 450,000

Property Type

Commercial

Taxes

^$ 450

Style

Commercial/Industrial

Lot Size

0.07

Town/City

Detroit

County/Region

Wayne

MLS | Web ID

60950760

Features

General

Heating Forced Air

Possession At Close

Water Public Water at Street

Status Active Active

Year Built 19

Subdivision F A Schultes Sub 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 94Fwy to Chene

City Detroit

Financial Terms Cash Conventional

Legal Description W CHENE 17 F A SCHULTES SUB L9 P26 PLATS W C R 9/84 26.78X111

DOM 30

Postal Code 48211

Price Per Sq Ft Total AG 227.73

Public Remarks This beautiful historic building is located in the heart of Detroit. Near downtown and Eastern Market. Some updated windows and furnace. This large building over 2000 sq ft has a large basement. Sched

Exterior

Frontage 26

Lot Size Area 0.07

Lot Dimensions 26.78X111

Roads Paved Street

Waterfront Y/N No

* Excluded Features

List By

Peggy Bishop-Lucas

Listing Agent

Murray's Real Estate Services

Broker

pbishop2780@gmail.com

Affordability Calculator

$2,845

Per Month

Monthly Principal & Interest: $2,807
Monthly Property Taxes: $38
Monthly Home Insurance: --

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Down Payment

Loan Term

Interest Rate

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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 Detroit, MI

Average List Price ^$496,505

Percent of Sale Price 10%

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
11/4/2025	$450,000		Listed Price

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5047 Chene Street, Detroit, MI, 48211 is a Commercial Property for sale at $450,000 with 1,976 sqft and a lot size of 0.07. The property's zip code is 48211 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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5047 Chene Street

Commercial Property for sale in Detroit, MI

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