Detroit, MI 48235,16331 W 7 MILE Road
Detroit, MI 48235,16331 W 7 MILE Road
Detroit, MI 48235,16331 W 7 MILE Road
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$499,900
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3,842 SqFt
Price Dropped by $70K

16331 W 7 MILE Road Detroit, MI 48235

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Key Details

Property Type Commercial

Sub Type Real Estate Only

Listing Status Active

Purchase Type For Sale

Square Footage 3,842 sqft

Price per Sqft $130

Subdivision College Drive (Plats)

MLS Listing ID 20240082935

Year Built 1954

Annual Tax Amount $2,929

Lot Size 0.310 Acres

Acres 0.31

Lot Dimensions 149.00 x 92.00

Property Sub-Type Real Estate Only

Source Realcomp II Ltd

Property Description

Prime investment opportunity! This commercial plaza features 4 units, with two already leased, providing immediate cash flow. Ideal for new or seasoned investors looking to expand their portfolio in commercial real estate. Plenty of potential to grow two units are also currently vacant extremely busy road with high traffic. Please do not approach the tenants.

Location

State MI

County Wayne

Area Det - 6 To 8, Grnfld To Limits

Zoning Commercial

Direction W 7 MILE AND SSOUTHFIELD FREEWAY

Interior

Heating Forced Air

Exterior

Road Frontage Paved

Building

Foundation Slab

Sewer Public Sewer (Sewer-Sanitary)

Water Public (Municipal)

Level or Stories 1 Story

Structure Type Brick,Other

Schools

School District Detroit

Others

Tax ID W22I016256C63

Ownership Short Sale - No,Private Owned

Assessment Amount $100

Acceptable Financing Cash, Conventional

Rebuilt Year 2012

Listing Terms Cash, Conventional

Financing Cash,Conventional

Special Listing Condition Full Service


Realcomp MLS
Listed by Marvin Nafsu of Showtime Realty

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agent

Jessica Pacheco

Agent | License ID: 6501429867

+1(810) 515-0032

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16331 W 7 MILE Road