7303 W 7 Mile Road Detroit, MI $ 499,000
7303 W 7 Mile Road
$ 499,000
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7303 W 7 Mile Road

Detroit, MI, 48221
$ 499,000
Baths0.0 Sq 5,696

Monthly Estimate*

$ 3,317

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Studio

Commercial Property for sale in Detroit, MI

for $499,000. This 5,696 square foot building was built in 1963 on a lot size of 0.45.

PRICE REDUCTION!!! Well maintained office building. 15 separate offices with Reception area, Conference room, Kitchenette. Building is ADA compliant. Fenced secured parking with remote access. Fully functional back up generator Close to major freeways, Avenue of Fashion, University of Detroit Jesuit School, restaurants and entertainment venues. 7319 and 7325 W. 7 Mile are included. Great investment opportunity.

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Commercial Active

Price

$ 499,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 6,686

Style

Lot Size

0.45

Year Built

1963

Town/City

Detroit

County/Region

Wayne

MLS | Web ID

20230003458

Features
General
Sewer Public Sewer (Sewer-Sanitary)
Heating Baseboard Hot Water
Possession At Close
Exterior Features Fenced
Zoning Commercial
Year Built 1963
Property Type Commercial
Subdivision Name CANTERBURY GARDENS (PLATS )
Transaction Type Sale
Status Active
Short Sale No
Construction Materials Brick
Cumulative Days on Market 505
MLS Area Det 6-8 Grfld-Dequindre
Directions M-10 to Livernois. Livernois to 7 Mile Rd
City Detroit
Terms Offered Cash Conventional
School District Detroit
Land Contract 0
Ownership Status Short Sale - No Private Owned
Street Name 7 MILE
Assessment 100.00
Total Sq Ft 5696
DOM 505
Taxes 6686.0000
Legal Description S SEVEN MILE RD 16&17 EXC SEVEN MILE RD AS WD CANTERBURY GARDENS SUB L37 P65 PLATS W C R 16/291 75 X 119.79A
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Exterior
Waterfront 0
Lot Size Area 0.45
Water Source Public (Municipal)
Foundation Slab
Lot Size Dimensions 155 x 120.00
Architecture Level 1 Story
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Interior
Street Suffix Road
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Internal Only
Originating MLS Realcomp II Ltd
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* Excluded Features
List By
James P Addison

Listing Agent

Coldwell Banker Realty-Gpf

Broker

(313) 886-4200

Phone

Affordability Calculator

$3,874
Per Month
86%
14%
0%
Monthly Principal & Interest
$3,317
Monthly Property Taxes
$557
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
1/3/2024$499,000 -9.27% Price Down
1/17/2023$550,000 Listed Price

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7303 W 7 Mile Road, Detroit, MI, 48221 is a Commercial Property for sale at $499,000 with 5,696 sqft and a lot size of 0.45. 7303 W 7 Mile Road is a studio with 0.0 baths and was built in 1963. The property's zip code is 48221 which is in Detroit, MI