$249,900

7244 W Vernor Highway

Detroit MI, 48209

Description

*** Desirable commercial 2-unit retail building in a great location in MexicanTown *** Traffic count is 16,000/day cars/trucks passing this building. Building has potential for residential rental units above and offers a corner lot location with rear parking available and is in the most vibrant part of SE. Detroit. There is a basement for additional storage and supplies. Long-term tenant Hair Salon is currently month-to-month, subject to Tenants' rights. Please employees are not aware and needs confidentiality. Contact Agent to schedule your showing. *** Please, 24 hrs Notice for all showings ***. The owner is offering Land Contract Terms. Conventional financing via Warranty Deed pls contact Agent for details.

Details

MLS#219054208
StyleRetail
Sub-TypeResale
StatusActive
Year1923
Days On Site136

Features

SQ Feet3,120
Story(s)1
ZoningCommercial

Market Activity 48209

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Area Information

StateMI
CountyWayne
CityDetroit
Zip Code48209
AreaDet South Of Grand River
Listing VS Median (in 48209)
Price:
$249,900
low | high
Med:
$95,000
100% of Average
SqFt:
3,120
low | high
Med:
710
100% of Average
$ / SqFt:
$80
low | high
Med:
$134
17.052736587592% of Average
On Site:
136
low | high
Med:
53
100% of Average
Listing Updated: 10/19/2019
MLS Number: 219054208
Listing Provided By:
Paul M Stano  of  Blue Knight Real Estate Advisors LLC
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