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7111 E 7 Mile East Road Detroit, MI $ 180,000
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$ 180,000 Get more info
7111 E 7 Mile East Road
$ 180,000
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7111 E 7 Mile East Road

Detroit, MI, 48234
$ 180,000
Baths0.0 Sq 1,500

Monthly Estimate*

$ 1,196

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Studio

Commercial Property for sale in Detroit, MI

for $180,000. This 1,500 square foot building was built in 1956 on a lot size of 0.06.

Fully functioning barbershop & salon ready for new owner! This is a great opportunity to continue this thriving business and the potential to develop the block. This sale included the barbershop plus 5 consecutive lots! The barbershop has a great layout which included an office, a lobby, waiting room, shampoo bowel, kitchen, (mechanical room with forced air furnace and circuit breakers) and bathroom. There are 5 plus barber station and excellent parking with outside lighting.

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Commercial Active

Price

$ 180,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 1,472

Style

Barbershop/Salon

Lot Size

0.06

Year Built

1956

Town/City

Detroit

County/Region

Wayne

MLS | Web ID

20240014361
Features
Interior
Heating Fuel Natural Gas
Street Suffix Road
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General
Sewer Public Sewer (Sewer-Sanitary) Sewer at Street
Heating Forced Air
Possession Negotiable
current use Barbershop/Salon
Zoning Commercial
Year Built 1956
Business Type Service
Property Type Commercial
Subdivision Name NORTH DETROIT (PLATS)
Accessibility Features Visitor Bathroom
Transaction Type Sale
Status Active
Short Sale No
Construction Materials Block/Concrete/Masonry
Cumulative Days on Market 82
MLS Area Det 6-8 Dequindre To Conner
Directions 7 Mile to Property
City Detroit
Terms Offered Cash
School District Detroit
Land Contract 0
Ownership Status Short Sale - No Private Owned
Street Name 7 MILE East
Assessment 450.00
Total Sq Ft 1500
DOM 82
Taxes 1472.0000
Legal Description N SEVEN MILE RD E 10 FT 24 W 10 FT 25 N DETROIT SUB L16 P40 PLATS W C R 15/213 20 X 121
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Exterior
Waterfront 0
Lot Size Area 0.06
Water Source Public (Municipal)
Foundation Slab
Lot Size Dimensions 20x121
Architecture Level 1 Story
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Internal Only
Originating MLS Realcomp II Ltd
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* Excluded Features
List By
Vernard Hester

Listing Agent

Hester Financial Group

Broker

(313) 917-9076

Phone

Affordability Calculator

$1,319
Per Month
91%
9%
0%
Monthly Principal & Interest
$1,196
Monthly Property Taxes
$123
Monthly 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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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
848539 Elementary School
848135 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
3/7/2024$180,000 Listed Price

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7111 E 7 Mile East Road, Detroit, MI, 48234 is a Commercial Property for sale at $180,000 with 1,500 sqft and a lot size of 0.06. 7111 E 7 Mile East Road is a studio with 0.0 baths and was built in 1956. The property's zip code is 48234 which is in Detroit, MI

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