16331 W 7 MILE RD Road

    Detroit, MI 48235
    • $499,000
    • STATUS: Active
    • ON SITE: 214 days
    • ID#: 218039370
    UPDATED: 36 min ago
    $499,000
    • 0
      BEDS
    • 0.31
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 1,496
      SQFT
    • $334
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1954
    County:
    Zoning: Commercial
    Lot Size Dimensions: 149X91

    School Ratings & Info

    School District:

    Description

    Great business opportunity, located on high traffic street. This shopping center has 4 stores, wonderful opportunity for someone who wants to be their own boss. Land contract available and negotiable. Renter's not informed about the sale.

    Monthly Payment Calculator

    Copyright 2018 Realcomp II Ltd. Shareholders. Real estate listings held by brokerages other than RE/MAX Classic are marked with the Realcomp-approved IDX logo and are provided through IDX through Realcomp II Ltd. IDX information is provided exclusively for the consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Data last updated: 2018-12-09T14:56:11.85.
    www.detroitmetrorealestate.com/homes/83339741

    16331 W 7 MILE RD Road Detroit, MI 48235

    • Price: $499,000
    • Status: Active
    • Updated: 36 min ago
    • ID#: 218039370
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.31
    Acres
    1,496
    SQFT
    $334
    $/SQFT
    1954
    Built
    Neighborhood:
    COLLEGE DRIVE (PLATS)
    County:
    Wayne
    Area:
    Det - 6 To 8, Grnfld To Limits
    School District:
    DETROIT
    Property Description
    Great business opportunity, located on high traffic street. This shopping center has 4 stores, wonderful opportunity for someone who wants to be their own boss. Land contract available and negotiable. Renter's not informed about the sale.
    Exterior Features

    Architecture Level 1 Story Construction Materials Brick Foundation Details Slab Foundation Materials Poured Interstate YN Yes Lot Size Dimensions 149X91 Road Frontage Feet 149 Road Frontage Type Paved Roof Material Rubber Waterfront YN No

    Interior Features

    Heating Cooling Forced Air Heating Fuel Natural Gas Office Heating Cooling Forced Air Room Count 0 Sq Ft Main 1496 Sq Ft Office 0 Sq Ft Source Prd Unit Efficiency Number Of 0 Unit One Bed Number Of 0 Unit Three Bed Number Of 0 Unit Two Bed Number Of 0 Water Heater Fuel Natural Gas

    Property Features

    Apod Available YN Yes Assessment 1993 Business Type Retail Commercial Type Commercial Current Use Shopping Plaza Deposit Amount 150000.00 Encroachment YN No Exclusions YN No Gross Scheduled Income 36000.00 Inventory Included YN No Inventory List YN No Land Contract YN Yes Land Interest Rate 7 Land Payment 3773 Land Terms 84 Listing Financing CashConventionalLand Contract Monthly Sales 3000 Net Operating Income 31442.00 Operating Expense 4558.00 Ownership Status Private OwnedShort Sale - No Percent Leased 75 Possession Immed Postal City Detroit Protection Period 180 Restrictions YN No Settlement City Sewer Sewer-Sanitary Short Sale No Tax Amount Summer 2245.0000 Tax Amount Winter 2312.0000 Title Private - Owned Total Tax 4557.0000 Unparsed Address 16331 W 7 MILE RD RD Water Source Municipal Water Zoning Commercial

    IDX provided courtesy of Realcomp II Ltd., via Century 21 Town & Country-Northville and Realcomp, ©2018 Realcomp II Ltd. Shareholders.
    Copyright 2018 Realcomp II Ltd. Shareholders. Real estate listings held by brokerages other than RE/MAX Classic are marked with the Realcomp-approved IDX logo and are provided through IDX through Realcomp II Ltd. IDX information is provided exclusively for the consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Data last updated: 2018-12-09T14:56:11.85.
     
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