5186 E Davison Street Detroit, MI ^$ 360,000

5186 E Davison Street

^$ 360,000

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5186 E Davison Street

Detroit, MI, 48212

^$ 360,000

Studio Baths0.0 Sq 7,013

Monthly Estimate*

^$ 2,393

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Studio

Commercial Property for sale in Detroit, MI

for $360,000. This 7,013 square foot building was built in 1948 on a lot size of 0.39.

Great opportunity and a great location to start your banquet hall. Two building for the price of one. The second building can be used as rental income. Plenty of parking space.

Commercial Active

Price

^$ 360,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 7,333

Style

Lot Size

0.39

Year Built

1948

Town/City

Detroit

County/Region

Wayne

MLS | Web ID

20230062672

Features

General

Sewer Sewer at Street

Heating Forced Air

Possession At Close

Exterior Features Fenced

Zoning Commercial

Year Built 1948

Property Type Commercial

Subdivision Name HARRAHS DAVISON BLVD (PLATS)

Transaction Type Sale

Status Active

Short Sale No

Construction Materials Block/Concrete/Masonry Brick

Cumulative Days on Market 369

MLS Area Det 6-8 Dequindre To Conner

Directions On Davison Road between Ryan and Mound road

City Detroit

Terms Offered Cash Conventional

School District Detroit

Land Contract 0

Ownership Status Short Sale - No Private Owned

Street Name DAVISON

Assessment 100.00

Total Sq Ft 7013

DOM 291

Taxes 7333.0000

Legal Description S DAVISON 67-75 & 87-92 HARRAHS DAVISON BLVD L35 P71 PLATS WCR 13/22 180 X IRREG

Exterior

Waterfront 0

Lot Size Area 0.39

Water Source Community

Foundation Slab

Lot Size Dimensions 180.00 x 94.00

Architecture Level 1 Story

Interior

Street Suffix Street

Internal Only

Originating MLS Realcomp II Ltd

* Excluded Features

List By

Kabir Ahmed

Listing Agent

Home Pride Realty

Broker

(313) 510-2272

Phone

Affordability Calculator

$3,004

Per Month

Monthly Principal & Interest: $2,393
Monthly Property Taxes: $611
Monthly Home Insurance: --

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Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

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 ^$478,784

Percent of Sale Price 33%

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.

848539 Elementary School

848135 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
4/16/2024	$360,000	-9.77%	Price Down
10/20/2023	$399,000	-6.12%	Price Down
7/28/2023	$425,000		Listed Price

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5186 E Davison Street, Detroit, MI, 48212 is a Commercial Property for sale at $360,000 with 7,013 sqft and a lot size of 0.39. 5186 E Davison Street is a studio with 0.0 baths and was built in 1948. The property's zip code is 48212 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.

The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of 5/26/2024.

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5186 E Davison Street

Commercial Property for sale in Detroit, MI

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