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5041 E Nevada Street Detroit, MI $ 170,000
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$ 170,000 Get more info
5041 E Nevada Street
$ 170,000
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5041 E Nevada Street

Detroit, MI, 48234
$ 170,000
Baths0.0 Sq 1,600

Monthly Estimate*

$ 1,130

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Studio

Commercial Property for sale in Detroit, MI

for $170,000. This 1,600 square foot building was built in 1952 on a lot size of 0.05.

Great opportunity to own/operate what was once a popular cash flowing staple in Detroit. Located across the street from the Detroit Police Department's 11th precinct. Fully furnished with all the equipment you need to be up and running quickly! The restaurant was formerly a Southern BBQ establishment. Most of the equipment and mechanicals were purchased/upgraded around 2011. Establishment shut down in 2013 so there is very little wear and tear!

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Commercial Active

Price

$ 170,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 1,136

Style

Lot Size

0.05

Year Built

1952

Town/City

Detroit

County/Region

Wayne

MLS | Web ID

20240009085
Features
Interior
Heating Fuel Natural Gas
Street Suffix Street
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General
Sewer Public Sewer (Sewer-Sanitary)
Heating Forced Air
Possession At Close
Zoning Commercial
Year Built 1952
Property Type Commercial
Subdivision Name HARRAHS NORWOOD SUB (PLATS)
Transaction Type Sale
Status Active
Short Sale No
Construction Materials Brick
Cumulative Days on Market 97
MLS Area Det 6-8 Dequindre To Conner
Directions At the corner of Nevada and Conant between Ryan and Mound
City Detroit
Terms Offered Cash Conventional
School District Detroit
Land Contract 0
Ownership Status Short Sale - No Private Owned
Street Name NEVADA
Assessment 100.00
Total Sq Ft 1600
DOM 97
Taxes 1136.0000
Legal Description N NEVADA 120 HARRAHS NORWOOD L34 P77 PLATS W C R 13/232 23 X 100
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Exterior
Waterfront 0
Lot Size Area 0.05
Water Source Public (Municipal)
Foundation Slab
Lot Size Dimensions 23.00 x 100.00
Architecture Level 1 Story
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Internal Only
Originating MLS Realcomp II Ltd
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* Excluded Features
List By
Shawn Primeau

Listing Agent

Irongate Realty Group

Broker

(810) 602-0195

Phone

Affordability Calculator

$1,225
Per Month
92%
8%
0%
Monthly Principal & Interest
$1,130
Monthly Property Taxes
$95
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
See complete school information
Pricing History
DatePricePrice ChangeDescription
2/14/2024$170,000 Listed Price

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5041 E Nevada Street, Detroit, MI, 48234 is a Commercial Property for sale at $170,000 with 1,600 sqft and a lot size of 0.05. 5041 E Nevada Street is a studio with 0.0 baths and was built in 1952. The property's zip code is 48234 which is in Detroit, MI

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