Price Reduction
Address
14445 E 7 Mile Road Detroit, MI
Price
$ 3,375
Property Attributes
  • ML#2200050825
  • TypeCommercial
  • CountyWAYNE
  • CityDetroit
  • AreaDet 8 To Gratiot-Houston To 7
  • NeighborhoodGRATIOT PARK
  • Zip48205
  • StyleEmpty
  • Price$ 3,375
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage1828
  • Lot Size4,356 SqFt
Listing Provided Courtesy Of:
Bellabay Realty Tri Counties
Property Description

Endless opportunities with this residential/commercial 3 bedroom house located in a busy business district. This property could be a rental, salon, small retail or general business. Property to be zoned B4 and located across the street from a gas station, next door to the post office and just east from Gratiot, all high traffic areas. Please note that the Detroit Land Bank Authority is entitled to a tax capture for the 5 tax years subsequent to transferring ownership of the property. The tax capture may be incompatible with tax abatements that are otherwise available to the selected purchaser. DLBA will review requests to waive its tax capture rights and may require a payment in lieu of taxes to approve such requests. The payment will be determined upon reviewing the development proforma and effect of any tax abatements on the purchase and development financing.

Price History
7/9/2020 Listed $4,500
1/4/2021 25% - $3,375

General Features

Business Type Office, Residential, Retail, Service
Commercial Type Real Estate Only
Construction Materials Stone
Cumulative Days on Market 191
Current Use Empty
Gross Scheduled Income 0.00
Heating Forced Air
Listing Agent Public Id 292343
Net Operating Income 0.00
Operating Expense 0.00
Originating MLS Realcomp II Ltd
Ownership Status Government Owned, Short Sale - No
Parcel Number W21I021139S
Possession At Close
Property Type Commercial
School District Detroit
Sewer Sewer-Sanitary
Short Sale No
Status Active
Subdivision Name GRATIOT PARK (PLATS)
Terms Offered Cash
Total Sq Ft 1828
Transaction Type Sale
Year Built 1912
Zoning Multi-Family, Multiple, Office, Residential

Interior Features

Heating Fuel Natural Gas

Exterior Features

Architecture Level 1 Story
Foundation Basement
Foundation Materials Block
Frontage Feet 40
Lot Size Area 0.10
Lot Size Dimensions 40.00X109.00
Water Source Municipal Water

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool


IDX provided courtesy of Realcomp II Ltd., via Brookstone Realtors and The Originating MLS(found above), © 2021 Realcomp II Ltd. Shareholders. Shareholders. The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of January 16, 2021 3:10 AM UTC Information deemed reliable but not guaranteed. The data relating to real estate on this web site comes in part from the Internet Data Exchange (IDX) Program of Realcomp Ltd

Property vs Zip Code Average in 48205

Price
AVG $190K
$K
Visits
AVG 33
45
Year Built
AVG 1950
1912
Walkscore
AVG 58
71
Data Provided by Walkscore ® not using MLS data

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