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    1801 E 7 MILE Road

    Detroit, MI 48203
    • $379,900
    • STATUS: Active
    • ON SITE: 81 days
    • ID#: 2210025236
    UPDATED: 24 min ago
    $379,900
    • 0
      BEDS
    • 0.24
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 2,400
      SQFT
    • $158
      $/SQFT
    Type:
    Commercial
    County:
    Zoning:
    Multiple
    Lot Size Dimensions:
    106 X100

    School Ratings & Info

    School District:

    Description

    GREAT INVESTMENT OPPORTUNITY! PRIME LOCATION ON 7 MILE RD. ESTABLISHED 2400 SQFT RETAIL SPACE, CURRENTLY LEAST FOR THE LAST 6 YEARS AND TENANT. LEASE WAS SIGNED A NEW 6 YEAR LEASE ON JUNE 1ST, 2018 AND IT ENDS ON MAY 31ST /2024 TENANT IS PAYING $2500 PER MONTH RENT. WITH AN OPTION TO RENEW. AMPLE PARKING GREAT EXPOSURE AND HIGH TRAFIC. INFORMATION IN LISTING IS RELIABLE BUT NOT GUARANTEED. Business NOT FOR SALE! NO LAND CONTRACTS!

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    © 2021 Realcomp II Ltd. Shareholders. Real estate listings held by brokerages other than Novak & Associates | Real Estate One are marked with the Realcomp-approved IDX logo and are provided through IDX through Realcomp II Ltd. IDX information is provided exclusively for the 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. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Data last updated: 2021-09-27T21:58:40.007.
    www.dannovakproperties.com/homes/119048443
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    1801 E 7 MILE Road Detroit, MI 48203

    • Price: $379,900
    • Status: Active
    • Updated: 24 min ago
    • ID#: 2210025236
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.24
    Acres
    2,400
    SQFT
    $158
    $/SQFT
    Neighborhood:
    Cadillac Heights No 3 (Plats)
    County:
    Wayne
    Area:
    Det 6-8 Grfld-dequindre
    School District:
    DETROIT
    Property Description
    GREAT INVESTMENT OPPORTUNITY! PRIME LOCATION ON 7 MILE RD. ESTABLISHED 2400 SQFT RETAIL SPACE, CURRENTLY LEAST FOR THE LAST 6 YEARS AND TENANT. LEASE WAS SIGNED A NEW 6 YEAR LEASE ON JUNE 1ST, 2018 AND IT ENDS ON MAY 31ST /2024 TENANT IS PAYING $2500 PER MONTH RENT. WITH AN OPTION TO RENEW. AMPLE PARKING GREAT EXPOSURE AND HIGH TRAFIC. INFORMATION IN LISTING IS RELIABLE BUT NOT GUARANTEED. Business NOT FOR SALE! NO LAND CONTRACTS!
    Exterior Features

    Architecture Level 1 Story Commercial Exterior Features Awning/Overhang(S)Outside Lighting Construction Materials BrickWood Distance To Interstate 1 Foundation Details Slab Foundation Materials Other Interstate YN Yes Lot Size Dimensions 106 X100 Road Frontage Feet 106 Road Frontage Type Class A Roof Material Rubber Waterfront YN No

    Interior Features

    Commercial Utilities 220V Available Heating Cooling Central AirForced Air Heating Fuel Natural Gas Office Heating Cooling Forced Air Room Count 0 Sq Ft Main 2400 Water Heater Fuel Natural Gas

    Property Features

    Apod Available YN No Assessment 0 Business Type MedicalOfficeRetail Commercial Type Real Estate Only Current Use Metro Pcs Store For The Last 10 Years Encroachment YN No Gross Scheduled Income 30000.00 Inventory Included YN No Inventory List YN No Land Contract YN No Legal Rental Certified YN Yes Listing Financing CashConventional Monthly Sales 2500 Net Operating Income 26576.00 Operating Expense 3424.00 Ownership Status Private OwnedShort Sale - No Percent Leased 100 Possession At Close Postal City Highland Park Protection Period 180 Restrictions YN No Settlement City Sewer Sewer-Sanitary Short Sale No Tax Amount Summer 3068.0000 Tax Amount Winter 356.0000 Title Private - Owned Total Tax 3424.0000 Unparsed Address 1801 E 7 MILE RD Water Source Municipal Water Zoning Multiple

    IDX provided courtesy of Realcomp II Ltd., via 365 REALTY and Realcomp, ©2021 Realcomp II Ltd. Shareholders.


    © 2021 Realcomp II Ltd. Shareholders. Real estate listings held by brokerages other than Novak & Associates | Real Estate One are marked with the Realcomp-approved IDX logo and are provided through IDX through Realcomp II Ltd. IDX information is provided exclusively for the 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. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Data last updated: 2021-09-27T21:58:40.007.
     
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