16128 W 7 MILE Road Detroit, MI ^$ 139,000

16128 W 7 MILE Road

^$ 139,000

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16128 W 7 MILE Road

Detroit, MI, 48235

^$ 139,000

Studio Baths0.0 Sq 1,354

Monthly Estimate*

^$ 924

16128 W 7 MILE Road, Detroit, MI 48235 - Image 1

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16128 W 7 MILE Road, Detroit, MI 48235 - Image 9

16128 W 7 MILE Road, Detroit, MI 48235 - Image 10

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Studio

Commercial Property for sale in Detroit, MI

for $139,000. This 1,354 square foot building was built in 1949 on a lot size of 0.04.

Spacious commercial building for sale. Located in high foot traffic prime area off 7 Mile Rd. Building is currently being used as a Sports Lounge. Building is being sold AS-IS. Cash only.

Commercial Active

Price

^$ 139,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 837

Style

Commercial/Industrial

Lot Size

0.04

Year Built

1949

Town/City

Detroit

County/Region

Wayne

MLS | Web ID

70384513

Features

General

Heating Forced Air

Possession At Close

Water Public Water Public Water at Street

Status Active Active

Year Built 1949

County Wayne

Class COM/IND/BUS OPP

Type Commercial/Industrial

Municipality Detroit

Zoning Commercial

Subdivision MI

Commercial Features Cable Internet Installed Electric Available Gas Available

Area Detroit (82001)

Primary City Detroit

Directions 7 Mile Rd. and Kelly Rd.

City Detroit

Street Name 7 MILE

Financial Terms Cash Conventional

Legal Description N SEVEN MILE W 322 EXC SEVEN MILE RD AS WD LONGVIEW SUB L43 P81 PLATS W C R 22/347 20 X 76.01

DOM 161

Postal Code 48235

Price Per Sq Ft Total 102.66

Coming Soon Spacious commercial building for sale. Located in high foot traffic prime area off 7 Mile Rd. Building is currently being used as a Sports Lounge. Building is being sold AS-IS. Cash only.

Exterior

Exterior Block Brick

Frontage 20

Lot Size Area 0.04

Lot Dimensions 20.00 x 76.00

Roads Paved Street

Waterfront Y/N No

Interior

Fuel Type Natural Gas

* Excluded Features

List By

Kingsley Ifezue

Listing Agent

Itech Realty

Broker

kingsley@itechrealty.com

Affordability Calculator

$994

Per Month

Monthly Principal & Interest: $924
Monthly Property Taxes: $70
Monthly Home Insurance: --

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Down Payment

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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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Nearby

Trends
Schools

Commerical listings in Detroit, MI

Average List Price ^$489,076

Percent of Sale Price 252%

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
5/1/2024	$139,000		Listed Price

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16128 W 7 MILE Road, Detroit, MI, 48235 is a Commercial Property for sale at $139,000 with 1,354 sqft and a lot size of 0.04. 16128 W 7 MILE Road is a studio with 0.0 baths and was built in 1949. 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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16128 W 7 MILE Road

Commercial Property for sale in Detroit, MI

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