19701 W 7 MILE Road Detroit, MI ^$ 300,000

19701 W 7 MILE Road

^$ 300,000

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19701 W 7 MILE Road

Detroit, MI, 48219

^$ 300,000

Studio Baths0.0 Sq 1,760

Monthly Estimate*

^$ 1,994

19701 W 7 MILE Road, Detroit, MI 48219 - Image 1

19701 W 7 MILE Road, Detroit, MI 48219 - Image 2

19701 W 7 MILE Road, Detroit, MI 48219 - Image 3

19701 W 7 MILE Road, Detroit, MI 48219 - Image 4

Studio

Commercial Property for sale in Detroit, MI

for $300,000. This 1,760 square foot building was built on a lot size of 0.04.

Price reduced!!! Come join the revitalization of W 7 Mile Road. This building is in a great location and currently in use as a restaurant. This business is prime real estate on W.7 Mile Road near Evergreen. There is continuous traffic and the building has a parking area on the side of the building. This is a solid building in a well established neighborhood. The building is set up as a full service sit in and carry out restaurant. Full commercial-grade kitchen with ceramic tiles and prep area, 210 line, commercial freezers, cooler and prep area. Newer HVAC system. Real Estate Only.

Commercial Active

Price

^$ 300,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 2,275

Style

Commercial/Industrial

Lot Size

0.04

Town/City

Detroit

County/Region

Wayne

MLS | Web ID

60304729

Features

General

Possession At Close

Water Public Water

Status Active Active

Year Built 19

Subdivision C W HARRAHS NORTHWESTERN (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 On the South side of W 7 Mile Road and East of Evergreen Road

City Detroit

Street Name 7 MILE

Financial Terms Cash Conventional

Legal Description S SEVEN MILE W 29 EXC SEVEN MILE RD AS WD C W HARRAHS NORTHWESTERN SUB L47 P54 PLATS W C R 22/416 22 X 82.92A

DOM 33

Postal Code 48219

Price Per Sq Ft Total 170.45

Coming Soon

Exterior

Exterior Brick

Frontage 22

Lot Size Area 0.04

Lot Dimensions 22.00 x 83.00

Roads Paved Street

Waterfront Y/N No

* Excluded Features

List By

Antoine Vance

Listing Agent

Community Choice Realty Associates, Llc

Broker

antoineavance@yahoo.com

Affordability Calculator

$2,183

Per Month

Monthly Principal & Interest: $1,994
Monthly Property Taxes: $190
Monthly Home Insurance: --

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Loan Term

Interest Rate

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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 ^$476,939

Percent of Sale Price 59%

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
5/17/2024	$300,000	-25.00%	Price Down
5/2/2024	$400,000		Listed Price

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19701 W 7 MILE Road, Detroit, MI, 48219 is a Commercial Property for sale at $300,000 with 1,760 sqft and a lot size of 0.04. 19701 W 7 MILE Road is a studio with 0.0 baths. The property's zip code is 48219 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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19701 W 7 MILE Road

Commercial Property for sale in Detroit, MI

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