1842 Monroe Avenue Dearborn, MI ^$ 550,000

1842 Monroe Avenue

^$ 550,000

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1842 Monroe Avenue

Dearborn, MI, 48124

^$ 550,000

Studio Baths0.0 Sq 990

Monthly Estimate*

^$ 3,655

1842 Monroe Avenue, Dearborn, MI 48124 - Image 1

1842 Monroe Avenue, Dearborn, MI 48124 - Image 2

1842 Monroe Avenue, Dearborn, MI 48124 - Image 3

Studio

Commercial Property for sale in Dearborn, MI

for $550,000. This 990 square foot building was built on a lot size of 0.15.

Available for the first time in decades! This very profitable deli is SBA approved with 10% down at the current listing price!!! Ready for a new owner operator to take it into the future. Very short hours, property is included in the listing price. Must show proof of funds to see the numbers. Possibilities to increase revenue by adding deliveries, increasing the hours, adding things such as ice cream to go with your summer patio business!!!

Commercial Pending

Price

^$ 550,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 12,758

Style

Commercial/Industrial

Lot Size

0.15

Town/City

Dearborn

County/Region

Wayne

MLS | Web ID

60286904

Features

General

Heating Baseboard

Possession At Close

Water Public Water

Status Pending Pending

Year Built 19

Subdivision PLAT OF CABACIER FARM 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 Michigan Ave to Monroe

City Dearborn

Street Name Monroe

Financial Terms Cash Conventional

Legal Description N MICHIGAN E 7 FT OF THAT PT OF 3 AND THAT PART OF 4 LYG BETW MICH AVE & ALLEY FIRST N BLK 5 CABACIER FARM L44 P435 DEEDS W C R 8/28 61.5 IRREG

DOM 54

Postal Code 48216

Price Per Sq Ft Total 555.56

Coming Soon

Exterior

Exterior Brick

Frontage 1

Lot Size Area 0.15

Lot Dimensions 62.00 x 102.00

Roads Paved Street

Waterfront Y/N No

Interior

Fuel Type Electric

* Excluded Features

List By

Joseph Tinpan

Listing Agent

New Michigan Realty, Llc

Broker

josephtinpan@gmail.com

Affordability Calculator

$4,719

Per Month

Monthly Principal & Interest: $3,655
Monthly Property Taxes: $1,063
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 Dearborn, MI

Average List Price ^$289,228

Percent of Sale Price 47%

About Dearborn, MI

99,037 Population

1% Since 2002

^$49,400 Median Income

34.6 Median Age

34% 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
2/8/2024	$550,000		Listed Price

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1842 Monroe Avenue, Dearborn, MI, 48124 is a Commercial Property for sale at $550,000 with 990 sqft and a lot size of 0.15. 1842 Monroe Avenue is a studio with 0.0 baths. The property's zip code is 48124 which is in Dearborn, 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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1842 Monroe Avenue

Commercial Property for sale in Dearborn, MI

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