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3700 Michigan Avenue Detroit, MI $ 545,000
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$ 545,000 Get more info
3700 Michigan Avenue
$ 545,000
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3700 Michigan Avenue

Detroit, MI, 48216
$ 545,000
Baths0.0 Sq 772

Monthly Estimate*

$ 3,622

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Studio

Commercial Property for sale in Detroit, MI

for $545,000. This 772 square foot building was built in 1952 on a lot size of 0.03.

This restaurant is located in the prime area of Corktown. It has been a long term establishment in this neighborhood.The food and service from this establishment has an outstanding reputation. The business offers a great opportunity for growth and success. LOCATION-LOCATION-LOCATION

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Commercial Active

Price

$ 545,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 2,319

Style

Lot Size

0.03

Year Built

1952

Town/City

Detroit

County/Region

Wayne

MLS | Web ID

20230076868
Features
Interior
Heating Fuel Natural Gas
Street Suffix Avenue
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General
Sewer Sewer at Street
Heating Forced Air
Possession At Close
Zoning Commercial
Year Built 1952
Property Type Commercial
Subdivision Name J W JOHNSTONS (ALSO PAGE 33) (PLATS)
Transaction Type Sale
Status Active
Short Sale No
Construction Materials Block/Concrete/Masonry
Cumulative Days on Market 256
MLS Area Det South Of Grand River
Directions Go Michigan Ave. towards W. Grand Boulevard. Located on west side of street before the boulevard.
City Detroit
Terms Offered Cash Conventional
School District Detroit
Land Contract 0
Ownership Status Short Sale - No Private Owned
Street Name MICHIGAN
Assessment 900.00
Total Sq Ft 772
DOM 256
Taxes 2319.0000
Legal Description N MICHIGAN 5 J W JOHNSTONS SUB (ALSO PAGE 33)L1 P32 PLATS W C R 12/42 35.95 IRREG
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Exterior
Waterfront 0
Lot Size Area 0.03
Water Source Public (Municipal)
Foundation Slab
Lot Size Dimensions 36.00 x 33.00
Architecture Level 1 Story
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Internal Only
Originating MLS Realcomp II Ltd
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* Excluded Features
List By
Carole Baker

Listing Agent

Lambrecht Realty Llc

Broker

(313) 736-4444

Phone

Affordability Calculator

$3,815
Per Month
95%
5%
0%
Monthly Principal & Interest
$3,622
Monthly Property Taxes
$193
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
9/11/2023$545,000 Listed Price

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3700 Michigan Avenue, Detroit, MI, 48216 is a Commercial Property for sale at $545,000 with 772 sqft and a lot size of 0.03. 3700 Michigan Avenue is a studio with 0.0 baths and was built in 1952. The property's zip code is 48216 which is in Detroit, MI

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