20451 W 8 MILE RD Detroit, MI $ 1,200,000
20451 W 8 MILE RD
$ 1,200,000

20451 W 8 MILE RD Detroit, MI, 48219

$ 1,200,000
Bedrooms Baths0.0 Sq 10,000

Monthly Estimate*

$ 4,796

How much can I afford?
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Commercial Property for sale in Detroit, MI

for $1,200,000. This 10,000 square foot building was built in 1980.

THIS IS HUGE BUSINESS THAT NET OVER $350, 000 AFTER PAYING ALL EXPENSIVE IN YOUR POCKET. IN THIS STORE YOU ARE GOING TO FIND: CPU POST STATION (W/LICENCE OF THE USPS) & THIS SMALL STATION GIVE YOU OVER $35, 000 A YEAR NET (FOR SHIPPING AND SELLING PKG/STAMP). YOU WILL FIND FULL LINE OF LIQUOR, BEER & WINE. LOTTO & FULL LINE OF CLOTHING "CLEARING ITEMS FROM TARGET AND MACYS" (AN ITEM COST $5 WILL SELL FOR $20). TONS OF CUSTOMERS THAT LOVES COMING TO THIS STORE..OWNER IS OVER 80 YEAR OLD & NO MORE ABEL TO CONTINUE TO OPERATED THIS STORE, HIS KIDS ARE NOT HELPING HIM & HELPS ARE HARD TO FIND. $500, 000 DOWN PLUS PAY FOR ALL INVENTORIES AT CLOSING IN CASH & THE REST IN LAND-CONTRACT TO THE SELLER TO BE PAID PER MONTHLY INSTALLMENT FOR 60 MONTHS W/BALLOON PAYMENT IN FULL. CALL LISTING BROKER FOR ANY SHOWING & A MUST: THE BUYER HAVE THE $500, 000 (AS PROVE OF FUND IN WRITING FROM BANK OR NO SHOWING PLEASE). 10, 000 SQFT OF ALL NEW & UPDATED BUILDING & COOLERS. HOT FOOD DEPT IS READY TO OPERATED. Current Use: LIQUOR STORE/LOTTO/GROCERIES, Business Type: Retail, Service, Wholesale, Licenses: Beer & Wine, Carry-Out, Liquor, Lottery, Lotto Terminal, Lot Dimensions: 200X200

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Commercial Active

Price

$ 1,200,000

Property Type

Commercial

Taxes

$ 23,000

Style

Retail

Year Built

1980

Town/City

Detroit

County/Region

Wayne

MLS | Web ID

219002296

Features
Interior
Heating Source Natural Gas
Heating System Central Heat Forced Air Hot Water Heater: Gas
Water Source Municipal
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Exterior
Construction Brick Stone
Foundation Block Slab
Land Improvements Sidewalks
Road Frontage Paved
Zoning Commercial Offices
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Miscellaneous
Acceptable Finance Cash Conventional Land Contract Lease Option
Commercial 230 Volts 3 Phase Electric Cat V Wiring Security System / Alarm
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* Excluded Features
List By
Mike Bahry

Listing Agent

Re/Max First

Broker


Affordability

$ 6,713 per month
Get Pre-Approved
Monthly Principal & Interest
$4,796
Monthly Property Taxes
$1,917
Monthly Home Insurance
--

Default based on a 30-year fixed rate of 4.38% 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
Detroit School District

Map


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20451 W 8 MILE RD , Detroit, MI, 48219 is a Commercial Property for sale at $1,200,000 with 10,000 sqft. 20451 W 8 MILE RD has 0.0 baths and was built in 1980. The property's zip code is 48219 which is in Detroit, MI