5257 TRUMBULL ST Detroit, MI 48208

$650,000
5257 TRUMBULL ST, Detroit, MI 48208
218000534

Commercial Property for sale in Detroit, MI

for $650,000. This 7,154 square foot building was built in 1950 on a lot size of 0.25 Acre(s).

Property Information

  • $650,000
  • Commercial
  • 7,154 Square Feet
  • Taxes are $1,889
  • Retail
  • Active
  • Lot size of 0.25 Acre(s)
  • Built in 1950
  • Detroit, MI
  • Wayne State University Neighborhood
  • Wayne County
  • MLS/Web ID is 218000534

Description

5265 Trumbull Shop Parking Lot is included in the sale. Buy the building and business as is or GREAT REDEVELOPMENT OPPORTUNITY across from Wayne State Adams Field and campus.(Most inventory included)Exclusions-see list in docs.***DO NOT APPROACH STAFF WITHOUT AN APPOINTMENT***Non Disclosure Agreement Necessary for Income Records. Current Use: Auto Repair Shop, Business Type: Retail, Service, Lot Dimensions: 90x120

Interior 3

Heating Source

  • Natural Gas

Heating System

  • Forced Air
  • Hot Water Heater: Gas
  • Space Heater(s)

Water Source

  • Municipal

Exterior 5

Construction

  • Block

Foundation

  • Poured
  • Slab

Land Improvements

  • Sidewalks

Road Frontage

  • Interstate
  • Paved

Zoning

  • Commercial

Miscellaneous 3

Acceptable Finance

  • Cash
  • Conventional

Commercial

  • Inventory Included

Location

  • Near Airport

† Excluded Feature

Additional Info

<p><img src="https://images.weichert.com/mlslogoimages/rc_sml.gif" style="float:left;" alt=""/> Provided through IDX through Realcomp II Ltd. Courtesy of WEICHERT, REALTORS®” “Copyright 2014 Realcomp II Ltd. Shareholders</p> <p>&copy; 2018 Realcomp Ltd. All rights reserved.</p>

Neighborhood & Schools

School District: Detroit

Listed By

Listing Agent: Ronald A. LaCasse Jr
Broker: Allen Park - WEICHERT, REALTORS® - Cass Realty

5257 TRUMBULL ST , Detroit, MI, 48208 is a Commercial Property for sale at $650,000 with 7,154 sqft and a lot size of 0.25 Acre(s). 5257 TRUMBULL ST has 0.0 baths and was built in 1950. The property's zip code is 48208 which is in Detroit, MI

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Market Pricing

Average % of sale price Median % of sale price
All listings in Detroit $486,335 25 % below $299,000 54 % below
Commerical listings in Detroit $573,364 12 % below $296,200 54 % below

Get the facts about Detroit, MI!

Population 637,006
Population Growth (since 2000) -33 %
Median Income $27,031
Median Age 35.76
Households w/ Children 28 %

Residential Dwellings

  • Owned 123756
  • Vacant 69865
  • Rented 117652

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