2908 Cochrane Street Detroit, MI $ 450,000
2908 Cochrane Street
$ 450,000
New Construction
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2908 Cochrane Street

Detroit, MI, 48216
$ 450,000
Baths0.0 Sq 3,100

Monthly Estimate*

$ 2,991

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Studio

Commercial Property for sale in Detroit, MI

for $450,000. This 3,100 square foot building was built in 1960 on a lot size of 0.14.

Welcome to a prime commercial opportunity in the heart of North Corktown, where endless possibilities await in this single-story raw commercial space. This expansive property, zoned R2, provides an ideal canvas for entrepreneurs and investors looking to make their mark in one of Detroit's most sought-after neighborhoods. Key Features:* Zoning: R2, allowing for flexible use and potential for up to three stories of development, providing exceptional versatility for your business vision.* Construction: Built to last, this property features sturdy concrete block construction, ensuring durability and security. * Space: With a generous 3,100 square feet of open space, you have ample room to design and customize your business to suit your specific needs and branding.* Parking/Expansion: The property comes with an additional 3,100 square foot lot, perfect for parking, outdoor expansion, or potential future development. The rear alley access enhances the property's accessibility and flexibility. * Location: Nestled in the heart of North Corktown, this property is surrounded by a vibrant mix of historic charm and new construction condos. This location offers high visibility and accessibility, ensuring that your business can thrive in this growing community. North Corktown is known for its unique blend of historic character and contemporary urban living, making it an attractive destination for both residents and visitors. The neighborhood's proximity to downtown Detroit and its thriving cultural scene provides ample opportunities for businesses to flourish. Whether you're dreaming of a trendy new cafe, a boutique retail shop, a gallery, or any other commercial venture, this raw commercial space with build potential is an exceptional opportunity. Embrace the spirit of North Corktown and turn this property into the next exciting destination in this thriving, growing, developing community.

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Commercial Active

Price

$ 450,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 1,202

Style

Lot Size

0.14

Year Built

1960

Town/City

Detroit

County/Region

Wayne

MLS | Web ID

20230089066

Features
General
Sewer Public Sewer (Sewer-Sanitary)
Possession At Close
Zoning Commercial
Year Built 1960
Property Type Commercial
Subdivision Name PLAT OF PC 27 LOGNON FARM (PLATS)
Transaction Type Sale
Status Active
Short Sale No
Construction Materials Block/Concrete/Masonry Brick
Cumulative Days on Market 223
MLS Area Det South Of Grand River
Directions From Fisher Freeway turn north onto Trumbull left on Temple then right on Cochrane.
City Detroit
Terms Offered Cash Warranty Deed
School District Detroit
Land Contract 0
Ownership Status Short Sale - No Private Owned
Street Name COCHRANE
Total Sq Ft 3100
DOM 223
Taxes 1202.0000
Legal Description E COCHRANE 322 323 PLAT OF LOGNON FARM L2 P5 PLATS W C R 8/29 62 X 100
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Exterior
Waterfront 0
Lot Size Area 0.14
Water Source Water at Street
Lot Size Dimensions 62 x 100
Architecture Level 1 Story
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Interior
Street Suffix Street
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Internal Only
Originating MLS Realcomp II Ltd
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* Excluded Features
List By
Elizabeth D Tintinalli

Listing Agent

@Properties Christie's Int'l R.E. Detroit

Broker

(313) 617-2699

Phone

Affordability Calculator

$3,091
Per Month
97%
3%
0%
Monthly Principal & Interest
$2,991
Monthly Property Taxes
$100
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% 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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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
848539 Elementary School
848135 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/12/2024$450,000 -9.09% Price Down
2/6/2024$495,000 -17.50% Price Down
10/18/2023$600,000 Listed Price

Map


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2908 Cochrane Street, Detroit, MI, 48216 is a Commercial Property for sale at $450,000 with 3,100 sqft and a lot size of 0.14. 2908 Cochrane Street is a studio with 0.0 baths and was built in 1960. The property's zip code is 48216 which is in Detroit, MI