15851 W 7 MILE Road Detroit, MI ^$ 139,900

15851 W 7 MILE Road

^$ 139,900

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15851 W 7 MILE Road

Detroit, MI, 48235

^$ 139,900

Studio Baths0.0 Sq 3,300

Monthly Estimate*

^$ 977

15851 W 7 MILE Road, Detroit, MI 48235 - Image 1

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15851 W 7 MILE Road, Detroit, MI 48235 - Image 7

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15851 W 7 MILE Road, Detroit, MI 48235 - Image 9

15851 W 7 MILE Road, Detroit, MI 48235 - Image 10

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Studio

Commercial Property for sale in Detroit, MI

for $139,900. This 3,300 square foot building was built on a lot size of 0.14.

**OPPORTUNITY** This 3,300 sq ft commercial space is ready for you to come reimagine and improve it! Located on the busy 7 Mile thoroughfare, the property features a massive primary space, along with 2 separate and spacious bathrooms, 2 offices, a utility room, and a storage room! The property is zoned B4, which provides nearly endless opportunities for redevelopment. The property features forced-air heating AND central air, an all-brick exterior, green space in the back of the building that could be used for a variety of purposes or turned into additional parking, an updated electrical panel, and plenty of parking! Was previously used as a child-care facility.

Commercial Pending

Price

^$ 139,900

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 1,828

Style

Commercial/Industrial

Lot Size

0.14

Town/City

Detroit

County/Region

Wayne

MLS | Web ID

60287942

Features

General

Heating Forced Air

Possession At Close

Water Public Water Public Water at Street

Status Pending Pending

Year Built 19

Subdivision COLLEGE DRIVE (PLATS) MI

Water Heater Gas

County Wayne

Class COM/IND/BUS OPP

Type Commercial/Industrial

Percent Ownership Private

Municipality Detroit

Zoning Commercial

Area Detroit (82001)

Primary City Detroit

Directions Property is on the SE corner of 7 Mile & Prevost

City Detroit

Street Name 7 MILE

Financial Terms Cash Conventional

Legal Description S SEVEN MILE W 420 THRU 418 COLLEGE DRIVE SUB L48 P34 PLATS W C R 22/431 60 X 100

DOM 63

Postal Code 48235

Price Per Sq Ft 42.39

Coming Soon **OPPORTUNITY** This 3 300 sq ft commercial space is ready for you to come reimagine and improve it! Located on the busy 7 Mile thoroughfare the property features a massive primary space

Exterior

Exterior Brick

Frontage 60

Lot Size Area 0.14

Lot Dimensions 60.00 x 100.00

Roads Paved Street

Waterfront Y/N No

Interior

Fuel Type Natural Gas

* Excluded Features

List By

Ryan Kain

Listing Agent

Re/Max Leading Edge

Broker

r.kainrealtor@gmail.com

Affordability Calculator

$1,130

Per Month

Monthly Principal & Interest: $977
Monthly Property Taxes: $152
Monthly Home Insurance: --

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Interest Rate

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Yearly Home Insurance

Default based on a 30-year fixed rate of 7.49% 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 ^$469,629

Percent of Sale Price 236%

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
2/14/2024	$139,900		Listed Price

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15851 W 7 MILE Road, Detroit, MI, 48235 is a Commercial Property for sale at $139,900 with 3,300 sqft and a lot size of 0.14. 15851 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 7.49% 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.

Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.

The information published and disseminated by MiRealSource is communicated verbatim, without change by MiRealSource, as filed with MiRealSource by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.

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15851 W 7 MILE Road

Commercial Property for sale in Detroit, MI

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