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Larry Else

larry@dtrdetroit.com +1(313) 315-3215

$ 175,000

Est. payment -/mo

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7436 OAKLAND Street Detroit, MI 48211

2,166 SqFt

UPDATED:

10/18/2024 02:56 PM

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

Originating Board Realcomp II Ltd

Year Built 1910

Annual Tax Amount $1,261

Lot Size 3,484 Sqft

Acres 0.08

Lot Dimensions 30.00 x 122.00

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

Direction N E Grand Blvd turn rt on Oakland

Interior

Heat Source Natural Gas

Exterior

Exterior Feature Fenced

Pool No

Utilities Available ENERGY STAR� Qualified Window(s)

Waterfront no

Roof Type Asphalt

Road Frontage Paved

Building

Foundation Basement

Sewer Public Sewer (Sewer-Sanitary)

Water Public (Municipal)

Structure Type Brick

Schools

School District Detroit

Others

Tax ID W05I004674S

Ownership Short Sale - No,Private Owned

Assessment Amount $340

Acceptable Financing Cash

Listing Terms Cash

Financing Cash

Special Listing Condition Full Service

Listed by Brookstone, Realtors LLC

Larry Else

Broker | License ID: 386964

+1(313) 315-3215

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