7631 E WARREN Avenue Detroit, MI ^$ 125,000

7631 E WARREN Avenue

^$ 125,000

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7631 E WARREN Avenue

Detroit, MI, 48214

^$ 125,000

Studio Baths0.0 Sq 616

Monthly Estimate*

^$ 873

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Studio

Commercial Property for sale in Detroit, MI

for $125,000. This 616 square foot building was built on a lot size of 0.08.

Fantastic business opportunity with immediate earning potential!! The perfect take out place with a convenience store. All equipment part of the sale. The upcoming neighborhood of Pingree Park, at the corner of Warren Ave and Baldwin Ave, two blocks away from both Gratiot Ave and Van Dyke, right in front of the 8 Warren bus stop. This well maintained store with an addition built on the side for an expansion and an additional lot (Please see MLS #20230080665), makes the perfect place to bring the feel of the Congregation to Pingree Park. Everything in the area is revitalizing, this is your opportunity to purchase the perfect place. Part of the package deal to be sold with the additional lot (5009 Baldwin St). Seller is willing to accept a land contract, too!

Commercial Active

Price

^$ 125,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 308

Style

Commercial/Industrial

Lot Size

0.08

Town/City

Detroit

County/Region

Wayne

MLS | Web ID

60304824

Features

General

Heating Forced Air

Possession At Close

Water Public Water

Status Active Active

Year Built 19

Subdivision E C VAN HUSANS (PLATS) MI

County Wayne

Class COM/IND/BUS OPP

Type Commercial/Industrial

Percent Ownership Private

Municipality Detroit

Zoning Commercial

Area Detroit (82001)

Primary City Detroit

Virtual Tour https://show.tours/7631ewarrenave?b=0

Directions Gratiot Ave to East Warren

City Detroit

Street Name WARREN

Financial Terms Cash Conventional

Legal Description Property exempt from Ad Valorem taxes and assessed on the Special Act Roll pursuant to PA 261 of 2003 expiring 12/30/2022. W BALDWIN 22 BLK 9 E C VAN HUSANS SUB L11 P65 PLATS W C R 17/67 30 X 121.61A

DOM 13

Postal Code 48214

Price Per Sq Ft 202.92

Coming Soon Fantastic business opportunity with immediate earning potential!! The perfect take out place with a convenience store. All equipment part of the sale. The upcoming neighborhood of Pingree Park

Exterior

Exterior Block

Frontage 30

Lot Size Area 0.08

Lot Dimensions 30 x 122

Roads Paved Street

Waterfront Y/N No

* Excluded Features

List By

Jolene Jacobs

Listing Agent

Good Company

Broker

jolene@jacobsgrouprealty.com

Affordability Calculator

$899

Per Month

Monthly Principal & Interest: $873
Monthly Property Taxes: $26
Monthly Home Insurance: --

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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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THE TIME TO SELL IS NOW!

Nearby

Trends
Schools

Commerical listings in Detroit, MI

Average List Price ^$469,056

Percent of Sale Price 275%

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
5/2/2024	$125,000		Listed Price

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7631 E WARREN Avenue, Detroit, MI, 48214 is a Commercial Property for sale at $125,000 with 616 sqft and a lot size of 0.08. 7631 E WARREN Avenue is a studio with 0.0 baths. The property's zip code is 48214 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.

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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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7631 E WARREN Avenue

Commercial Property for sale in Detroit, MI

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