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505 E Grand Boulevard Detroit, MI $ 649,900
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$ 649,900 Get more info
505 E Grand Boulevard
$ 649,900
Back to search
Share Save

505 E Grand Boulevard

Detroit, MI, 48207
$ 649,900
Baths0.0 Sq 22,712

Monthly Estimate*

$ 4,319

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Studio

Commercial Property for sale in Detroit, MI

for $649,900. This 22,712 square foot building was built in 1937 on a lot size of 0.54.

Don't miss this amazing investment opportunity! This location and space makes your possibilities endless. As a former health care facility, the space is ready you to make your own. With over 40 rooms, the layout could work for many different business types. The property is just blocks away from Belle Isle and Detroit Riverfront. This 3 story property sits on a .5 acre lot, with a front paved entryway leading up to the front door. The building needs some TLC but the bones and layout make this a fantastic investment opportunity. Don't miss out....call today to schedule a private tour.

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Commercial Active

Price

$ 649,900

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 22,420

Style

Lot Size

0.54

Year Built

1937

Town/City

Detroit

County/Region

Wayne

MLS | Web ID

20240003979
Features
General
Sewer Public Sewer (Sewer-Sanitary)
Possession At Close
Zoning Commercial
Year Built 1937
Property Type Commercial
Subdivision Name MORE THAN ONE SUBDIVISION INVOLVED
Transaction Type Sale
Status Active
Short Sale No
Construction Materials Aluminum Brick
Cumulative Days on Market 124
MLS Area Det Woodward-Mcclellan/So Mack
Directions Vernor to E Grand Blvd. Corner Property
City Detroit
Terms Offered Cash Conventional
School District Detroit
Land Contract 0
Ownership Status Short Sale - No Private Owned
Street Name E GRAND
Assessment 100.00
Total Sq Ft 22712
DOM 124
Taxes 22420.0000
Legal Description W E GRAND BLVD 184 LOTHROP EST CO LTD SUB L24 P21 PLATS W C R 15/106 1&2 N 40 FT 3 F F PALMS SUB L25 P13 PLATS W C R 15/107 159.90 X 146.30
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Exterior
Waterfront 0
Lot Size Area 0.54
Water Source Community
Lot Size Dimensions 160.00 x 146.00
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Interior
Street Suffix Boulevard
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Internal Only
Originating MLS Realcomp II Ltd
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* Excluded Features
List By
Cara Pimer

Listing Agent

Source Realty Llc

Broker

(734) 285-0300

Phone

Affordability Calculator

$6,188
Per Month
70%
30%
0%
Monthly Principal & Interest
$4,319
Monthly Property Taxes
$1,868
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
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Pricing History
DatePricePrice ChangeDescription
3/26/2024$649,900 -7.14% Price Down
1/25/2024$699,900 Listed Price

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505 E Grand Boulevard, Detroit, MI, 48207 is a Commercial Property for sale at $649,900 with 22,712 sqft and a lot size of 0.54. 505 E Grand Boulevard is a studio with 0.0 baths and was built in 1937. The property's zip code is 48207 which is in Detroit, MI

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