16360 GRAND RIVER Avenue Detroit, MI ^$ 85,000

16360 GRAND RIVER Avenue

^$ 85,000

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16360 GRAND RIVER Avenue

Detroit, MI, 48227

^$ 85,000

Studio Baths0.0 Sq 1,568

Monthly Estimate*

^$ 565

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Studio

Commercial Property for sale in Detroit, MI

for $85,000. This 1,568 square foot building was built on a lot size of 0.19.

Located in the Grandmont / Rosedale corridor, 16360 Grand River Ave. is a prime location for business opportunities. Built in 1956 this single-story property has been gutted and is ready to build out. Great visibility on this corner with plenty of daily traffic.

Commercial Active

Price

^$ 85,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 2,640

Style

Commercial/Industrial

Lot Size

0.19

Town/City

Detroit

County/Region

Wayne

MLS | Web ID

60303803

Features

General

Possession At Close

Water Public Water

Status Active Active

Year Built 19

Subdivision MOORE & VEALE REDFORD MI

County Wayne

Class COM/IND/BUS OPP

Type Commercial/Industrial

Percent Ownership Private

Municipality Detroit

Zoning Commercial

Area Detroit (82001)

Primary City Detroit

Directions West of Greenfield East of Southfield

City Detroit

Street Name GRAND RIVER

Financial Terms Cash

Legal Description N GRAND RIVER W LOTS 4 & 3MOORE & VEALE REDFORD L37 P9 PLATS W C R 22/16 94.15 X 100

DOM 30

Postal Code 48227

Price Per Sq Ft Total 54.21

Coming Soon Located in the Grandmont / Rosedale corridor

Exterior

Exterior Block Brick

Frontage 94

Lot Size Area 0.19

Lot Dimensions 94.00 x 100.00

Roads Paved Street

Waterfront Y/N No

* Excluded Features

List By

James Simmons

Listing Agent

O'connor Realty Detroit, Llc

Broker

james@oconnordetroit.com

Affordability Calculator

$785

Per Month

Monthly Principal & Interest: $565
Monthly Property Taxes: $220
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 ^$485,469

Percent of Sale Price 471%

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
4/29/2024	$85,000		Listed Price

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16360 GRAND RIVER Avenue, Detroit, MI, 48227 is a Commercial Property for sale at $85,000 with 1,568 sqft and a lot size of 0.19. 16360 GRAND RIVER Avenue is a studio with 0.0 baths. The property's zip code is 48227 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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16360 GRAND RIVER Avenue

Commercial Property for sale in Detroit, MI

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