16225 W 7 MILE Road Detroit, MI ^$ 66,999

16225 W 7 MILE Road

^$ 66,999

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16225 W 7 MILE Road

Detroit, MI, 48235

^$ 66,999

Studio Baths0.0 Sq 1,510

Monthly Estimate*

^$ 445

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16225 W 7 MILE Road, Detroit, MI 48235 - Image 9

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16225 W 7 MILE Road, Detroit, MI 48235 - Image 11

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Studio

Commercial Property for sale in Detroit, MI

for $66,999. This 1,510 square foot building was built on a lot size of 0.04.

Introducing a prime commercial opportunity at 16225 West 7 Mile, Detroit, Michigan! This move-in-ready building boasts 1510 square feet of versatile space, strategically positioned in an area with excellent traffic flow. Ideal for a new and thriving business, this property is ready to accommodate your vision and goals. Don't miss out on this opportunity to establish your presence in a dynamic location. Act now and turn your business dreams into reality!

Commercial Pending

Price

^$ 66,999

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 1,965

Style

Commercial/Industrial

Lot Size

0.04

Town/City

Detroit

County/Region

Wayne

MLS | Web ID

60282184

Features

General

Heating Forced Air

Possession Close Plus 1 Day

Water Public Water Public Water at Street

Status Pending Pending

Year Built 19

Subdivision COLLEGE DRIVE (PLATS) MI

County Wayne

Class COM/IND/BUS OPP

Type Commercial/Industrial

Percent Ownership Private

Municipality Detroit

Zoning Commercial

Area Detroit (82001)

Primary City Detroit

Directions FROM PEMBROKE SOUTH ON GREENFIELD.RIGHT ONTO 7 MILE W TO PROPERTY.

City Detroit

Street Name 7 MILE

Financial Terms Cash

Legal Description S SEVEN MILE W 99 EXC SEVEN MILE RD AS WD COLLEGE DRIVE SUB L48 P34 PLATS W C R 22/431 20 X 95.82A

DOM 124

Postal Code 48235

Price Per Sq Ft Total 44.37

Coming Soon Introducing a prime commercial opportunity at 16225 West 7 Mile Detroit Michigan! This move-in-ready building boasts 1510 square feet of versatile space

Exterior

Exterior Brick

Frontage 31

Lot Size Area 0.04

Lot Dimensions 20.00 x 96.00

Roads Paved Street

Waterfront Y/N No

* Excluded Features

List By

Jalen James

Listing Agent

Front Page Properties

Broker

jalentherealtor@gmail.com

Affordability Calculator

$609

Per Month

Monthly Principal & Interest: $445
Monthly Property Taxes: $164
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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THE TIME TO SELL IS NOW!

Nearby

Trends
Schools

Commerical listings in Detroit, MI

Average List Price ^$478,784

Percent of Sale Price 615%

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
1/23/2024	$66,999	-4.29%	Price Down
1/12/2024	$69,999		Listed Price

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16225 W 7 MILE Road, Detroit, MI, 48235 is a Commercial Property for sale at $66,999 with 1,510 sqft and a lot size of 0.04. 16225 W 7 MILE Road is a studio with 0.0 baths. The property's zip code is 48235 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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16225 W 7 MILE Road

Commercial Property for sale in Detroit, MI

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