Back to search
Commercial: MLS #20261007382 Detroit, MI $ 3,200,000
Share Save
$ 3,200,000 Get more info
Commercial: MLS #20261007382
$ 3,200,000
Back to search
Recently Listed
Share Save

Commercial: MLS #20261007382

Detroit, MI, 48216
$ 3,200,000
Bedrooms-- Baths-- Sq 12,000

Monthly Estimate*

$ 19,703

MLS #/Web ID: 20261007382 - Image 1

Commercial Property for sale in Detroit, MI

for $3,200,000. This 12,000 square foot building was built in 1899 on a lot size of 0.57.

CONFIDENTIAL AUTHENTIC MEXICAN RESTAURANT IN SOUTHWEST DETROIT IS FOR SALE! This is a "turn-key", successful restaurant. The owner is retiring. Confidentiality Agreement is required to be signed to get any further information. All posted information is estimated and should be verified.

See more
Commercial Active

Price

$ 3,200,000

Property Type

Commercial

Taxes

$ 12,304

Style

BusinessandRealEstate

Lot Size

0.57

Year Built

1899

Town/City

Detroit

County/Region

Wayne

MLS | Web ID

20261007382
Features
General
Sewer PublicSewer
Heating ForcedAir NaturalGas
Possession Negotiable
Garage Spaces 0.0
Construction Materials Brick Stucco
Year Built 1899
Levels Three
Property Subtype BusinessandRealEstate
Current Use Restaurant
Business Type Commercial
County Wayne
Net Operating Income 400000.0
Operating Expense 2000000.0
New Construction N
Property Type CommercialSale
HOA N
Attached Garage N
Garage Y/N N
Status Active
Directions Southwest Detroit
City DetroitCity_Wayne
Senior Community Y/N N
High School District Detroit
Zoning Description Commercial
MLS Area Area05101DetSouthOfGrandRiver
Lot Size Units Acres
Carport Y/N N
Land Lease Y/N N
Tax Annual Amount 12304.0
Home Warranty Y/N N
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Standard Status Active
Occupancy Type Owner
Tax Assessed Value 107683
Expected Active Date 2026-02-18
Legal Description Undisclosed
See more
Exterior
Parking Features ParkingLot OnSite OnStreet
Water Source Public
Foundation Details Basement Block Slab
Spa N
Building Area Total 12000.0
Lot Dimensions irregular
Lot Size Acres 0.57
Waterfront Y/N N
Road Frontage Type Paved
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
See more
Interior
Basement (Y/N) Y
Air Conditioning Y/N N
Heating Y/N Y
Fireplace Y/N N
Above Grade Finished Area 12000.0
Above Grade Finished Area Unit Type SquareFeet
See more
Internal Only
Street Number 1 1111
See more
* Excluded Features
List By
David D Misko

Listing Agent

Van Esley Real Estate Inc

Broker

(734) 459-7570

Phone

Affordability Calculator

$20,728
Per Month
95%
5%
0%
Monthly Principal & Interest
$19,703
Monthly Property Taxes
$1,025
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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.
Learn more about how to save

Discover how much house you can afford

Your dream home may be within reach.

Learn More about how to save

The time to sell is now
THE TIME TO SELL IS NOW! What's my home worth?
Nearby
848539 Elementary School
848135 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
2/18/2026$3,200,000 Listed Price

Map

More homes like this one

homes for you

See all
See all
Get more info