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$ 550,000
Est. payment | /mo
8,500 SqFt
$ 550,000
Est. payment | /mo
8,500 SqFt
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 8,500 sqft
Price per Sqft $64
MLS Listing ID 20240005650
Originating Board Realcomp
Year Built 1920
Annual Tax Amount $2,077
Lot Size 10,890 Sqft
Acres 0.25
Lot Dimensions 87.00 x 123.00
Property Description
Mixed-use building and auto repair shop for sale. Located on a hard corner in prime Southwest Detroit. (Mich and Junction) Minutes from downtown Detroit and the Ford train station. Auto repair business is operating and has net sales of 10-12 K per month take home. That's a 25 percen CAP RATE. The mixed-use building has two levels and needs to be built out. 6000 ft.². Great opportunity with this business and the mixed-use building.
Location
State MI
County Wayne
Area Wayne County - 100
Zoning Commercial
Direction CORNER OF MICHIGAN AVE AND JUNCTION
Interior
Heating Space Heater
Exterior
View Y/N No
Building
Foundation Slab
Sewer Public
Water Public
Structure Type Brick
Schools
School District Detroit
Others
Tax ID W16I001721C4
Listed by ARG Realty