7436 OAKLAND Street new Save Request In-Person Tour Request Virtual Tour
Detroit,MI 48211
Key Details
Property Type Commercial
Sub Type Real Estate Only
Listing Status Active
Purchase Type For Sale
Square Footage 2,166 sqft
Price per Sqft $80
Subdivision Standishs (Plats)
MLS Listing ID 20240077780
Year Built 1910
Annual Tax Amount $1,261
Lot Size 3,484 Sqft
Property Description
Calling all savvy investors! Seize a unique investment opportunity with this commercial property, now available for sale in its current as-is condition. While the property has sustained fire damage, it offers immense potential for redevelopment or renovation. The existing structure boasts a flexible layout suitable for various business types, including retail, office, or mixed use. The space, once a thriving 8 office co working space downstairs & a one bedroom suite upstairs is situated in a vibrant neighborhood undergoing significant transformation. The property is surrounded by new condominiums, trendy restaurants, and boutique shops, ensuring a steady flow of foot traffic and potential customers. Just steps away from the Woodward Corridor and M1 Rail that provides access directly into the heart of Downtown Detroit. The area is also known for its strong community vibe and increasing demand, making it an ideal location for your business to thrive.
The roof, windows and charred wood have been replaced. If you have questions about possible financing types call list agent.
Location
State MI
County Wayne
Area Det: Livernois-I75 6-Gd River
Zoning Commercial
Exterior
Exterior Feature Fenced
Pool No
Utilities Available ENERGY STAR� Qualified Window(s)
Waterfront no
Roof Type Asphalt
Building
Foundation Basement
Sewer Public Sewer (Sewer-Sanitary)
Water Public (Municipal)
Structure Type Brick
Schools
School District Detroit
Others
Assessment Amount $340
Acceptable Financing Cash
Listing Terms Cash
Special Listing Condition Full Service