12541 E MCNICHOLS Road Detroit, MI ^$ 125,000

12541 E MCNICHOLS Road

^$ 125,000

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12541 E MCNICHOLS Road

Detroit, MI, 48205

^$ 125,000

Studio Baths0.0 Sq 5,488

Monthly Estimate*

^$ 831

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Studio

Commercial Property for sale in Detroit, MI

for $125,000. This 5,488 square foot building was built on a lot size of 0.18.

This is a fantastic opportunity to own a building nearly 5,500 sq ft with so much potential! This property features an open-concept floor plan with a large garage door in the rear for vehicles or deliveries. The options of what you can do with the space are endless! This is a phenomenal B-4 light industrial use property with major updates already complete! Updates include a new roof and a second electrical panel and wiring from 2022.

Commercial Active

Price

^$ 125,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 3,186

Style

Commercial/Industrial

Lot Size

0.18

Town/City

Detroit

County/Region

Wayne

MLS | Web ID

60277790

Features

General

Possession Negotiable (Possession)

Roof Rubber

Water Public Water

Status Active Active

Year Built 19

Subdivision STECKER BALL (PLATS) MI

County Wayne

Class COM/IND/BUS OPP

Type Commercial/Industrial

Percent Ownership Private

Municipality Detroit

Zoning Commercial

Area Detroit (82001)

Primary City Detroit

Directions Eight Mile Rd. to Hoover go N. to E. McNichols turn left on E. McNichols to destination 12541 E. McNichols DETROIT MI 48205

City Detroit

Street Name MCNICHOLS

Financial Terms Cash

Legal Description N--E MCNICHOLS RD 23 THRU 20 STECKER BALL SUB L48 P42 PLATS W C R 21/720 80X100

DOM 168

Postal Code 48205

Price Per Sq Ft Total 22.78

Coming Soon This is a fantastic opportunity to own a building nearly 5

Exterior

Exterior Brick

Frontage 80

Lot Size Area 0.18

Lot Dimensions 80.00 x 100.00

Roads Paved Street

Waterfront Y/N No

* Excluded Features

List By

Andrea Cook

Listing Agent

Exp Realty Llc

Broker

cookcloses@gmail.com

Affordability Calculator

$1,096

Per Month

Monthly Principal & Interest: $831
Monthly Property Taxes: $266
Monthly Home Insurance: --

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Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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THE TIME TO SELL IS NOW!

Nearby

Trends
Schools

Commerical listings in Detroit, MI

Average List Price ^$485,469

Percent of Sale Price 288%

About Detroit, MI

633,657 Population

-33% Since 2002

^$26,977 Median Income

36.23 Median Age

26% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

760529 Elementary School

760235 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
12/13/2023	$125,000		Listed Price

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12541 E MCNICHOLS Road, Detroit, MI, 48205 is a Commercial Property for sale at $125,000 with 5,488 sqft and a lot size of 0.18. 12541 E MCNICHOLS Road is a studio with 0.0 baths. The property's zip code is 48205 which is in Detroit, MI

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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12541 E MCNICHOLS Road

Commercial Property for sale in Detroit, MI

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