12305 DEXTER Avenue Detroit, MI ^$ 650,000

12305 DEXTER Avenue

^$ 650,000

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12305 DEXTER Avenue

Detroit, MI, 48206

^$ 650,000

Studio Baths0.0 Sq 27,720

Monthly Estimate*

^$ 4,320

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Studio

Commercial Property for sale in Detroit, MI

for $650,000. This 27,720 square foot building was built on a lot size of 0.51.

ALMOST 28,000 SQFT SITTING ON A HALF ACRE. REDEVELOPMENT MIXED USE OPPORTUNITY IN GROWING RUSSELL WOODS-SULLIVAN DISTRICT. THIS PROPERTY SITS ON OVER HALF ACRE. IDEAL FOR MULTIPLE TYPES OF BUSINESS OR RESIDENTIAL/COMMERICAL MIXED USE. THIS IS PART OF THE STRATEGIC NEIGHBOHOOD FUND AREA AND THE RUSSELL WOODS DEVELOPMENT PLANNING. B4 GENERAL BUSINESS DISTRICT. THIS WAS A FORMER SCHOOL THAT WAS CONVERTED INTO A REHABILITATION FACILITY. THERE'S A BASEKETBALL GYM AND A COMMERCIAL KITCHEN. BUILDINGS ARE COMPLETLEY RETROFIT WITH FIRE SUPPRESSION, HVAC UNITS AND WATER HEATERS, FULLY FUNCTIONAL COMMERICAL KITCHEN, WALK IN FREEZERS, ETC.

Commercial Active

Price

^$ 650,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 100

Style

Commercial/Industrial

Lot Size

0.51

Town/City

Detroit

County/Region

Wayne

MLS | Web ID

60304252

Features

General

Heating Forced Air

Possession At Close

Water Public Water

Status Active Active

Year Built 19

Subdivision SULLIVANS DEXTER BLVD NO 1 (PLATS) MI

Water Heater Gas

County Wayne

Class COM/IND/BUS OPP

Type Commercial/Industrial

Percent Ownership Private

Municipality Detroit

Zoning Commercial

Area Detroit (82001)

Primary City Detroit

Directions SOUTH OF DAVISON W OF DEXTER

City Detroit

Street Name DEXTER

Financial Terms Cash Conventional

Legal Description W DEXTER 88 THRU 78 SULLIVANS DEXTER BLVD SUB NO 1 L55 P53 PLATS W C R 14/211 220 X 100

DOM 22

Postal Code 48206

Price Per Sq Ft Total 23.45

Coming Soon ALMOST 28

Exterior

Exterior Brick

Frontage 220

Lot Size Area 0.51

Lot Dimensions 220.00 x 100.00

Roads Paved Street

Waterfront Y/N No

* Excluded Features

List By

Tarick Salmaci

Listing Agent

Arg Realty

Broker

Tarick@Tarick.com

Affordability Calculator

$4,328

Per Month

Monthly Principal & Interest: $4,320
Monthly Property Taxes: $8
Monthly Home Insurance: --

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Yearly 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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Nearby

Trends
Schools

Commerical listings in Detroit, MI

Average List Price ^$479,204

Percent of Sale Price 26%

About Detroit, MI

633,657 Population

-33% Since 2002

^$26,977 Median Income

36.23 Median Age

26% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

760529 Elementary School

760235 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
4/30/2024	$650,000		Listed Price

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12305 DEXTER Avenue, Detroit, MI, 48206 is a Commercial Property for sale at $650,000 with 27,720 sqft and a lot size of 0.51. 12305 DEXTER Avenue is a studio with 0.0 baths. The property's zip code is 48206 which is in Detroit, MI

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: 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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12305 DEXTER Avenue

Commercial Property for sale in Detroit, MI

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