9103 MICHIGAN Avenue Detroit, MI ^$ 1,350,000

9103 MICHIGAN Avenue

^$ 1,350,000

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9103 MICHIGAN Avenue

Detroit, MI, 48210

^$ 1,350,000

Studio Baths0.0 Sq 25,851

Monthly Estimate*

^$ 8,973

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Studio

Commercial Property for sale in Detroit, MI

for $1,350,000. This 25,851 square foot building was built on a lot size of 0.53.

Ideal for a business or warehouse, this offering encompasses 9103-9105 Michigan Avenue. The property spans 25,000 square feet, 75% of which is currently leased. The center of the building has been transformed into a rental hall complete with storage and restroom facilities. The east wing serves as a warehouse space, while the west wing features garage doors, a crane lift, and truck access for easy loading and unloading. The rear portion is rented to a company specializing in Middle Eastern upholstery and furniture production. Additionally, the second floor boasts around 3,000 square feet of newly tiled office space. This property, situated on over half an acre, presents a significant opportunity for expansion and development.

Commercial Active

Price

^$ 1,350,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 12,874

Style

Commercial/Industrial

Lot Size

0.53

Town/City

Detroit

County/Region

Wayne

MLS | Web ID

60287831

Features

General

Possession Negotiable (Possession)

Water Public Water at Street

Status Active Active

Year Built 19

Subdivision NALLS (PLATS) MI

County Wayne

Class COM/IND/BUS OPP

Type Commercial/Industrial

Percent Ownership Private

Municipality Detroit

Zoning Industrial

Area Detroit (82001)

Primary City Detroit

Directions South of Michigan Ave East of Wyoming Ave.

City Detroit

Street Name MICHIGAN

Financial Terms Cash Conventional

Legal Description S MICHIGAN 65 THRU 57 EXC MICHIGAN AVE AS WD NALLS SUB L14 P75 PLATS WCR 20/372 271.81 X 85.63A

DOM 112

Postal Code 48210

Price Per Sq Ft Total 52.22

Coming Soon Ideal for a business or warehouse this offering encompasses 9103-9105 Michigan Avenue. The property spans 25 000 square feet

Exterior

Exterior Brick

Frontage 272

Lot Size Area 0.53

Lot Dimensions 272.00 x 86.00

Roads Paved Street

Waterfront Y/N No

* Excluded Features

List By

Nahar Ali

Listing Agent

Woodgate Realty

Broker

naharinv@yahoo.com

Affordability Calculator

$10,045

Per Month

Monthly Principal & Interest: $8,973
Monthly Property Taxes: $1,073
Monthly Home Insurance: --

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Loan Term

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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 ^$486,850

Percent of Sale Price 64%

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
2/14/2024	$1,350,000		Listed Price

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9103 MICHIGAN Avenue, Detroit, MI, 48210 is a Commercial Property for sale at $1,350,000 with 25,851 sqft and a lot size of 0.53. 9103 MICHIGAN Avenue is a studio with 0.0 baths. The property's zip code is 48210 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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9103 MICHIGAN Avenue

Commercial Property for sale in Detroit, MI

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