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1842 Michigan Avenue Detroit, MI $ 2,600,000
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$ 2,600,000 Get more info
1842 Michigan Avenue
$ 2,600,000
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1842 Michigan Avenue

Detroit, MI, 48216
$ 2,600,000
Baths0.0 Sq 7,395

Monthly Estimate*

$ 17,280

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Studio

Commercial Property for sale in Detroit, MI

for $2,600,000. This 7,395 square foot building was built in 1890 on a lot size of 0.3.

O'Connor Real Estate is pleased to offer 1842 Michigan Avenue for sale or lease. This 1890 building is located in the heart of Corktown and sits just blocks away from Ford's Michigan Central Station. The building is comprised of 4,500 square feet of ground floor retail space and 3,200 square feet of office space on the second floor. Sale includes 0.3 acres of land along Michigan Ave and directly behind the building on Kaline.

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Commercial Active

Price

$ 2,600,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 12,758

Style

Lot Size

0.3

Year Built

1890

Town/City

Detroit

County/Region

Wayne

MLS | Web ID

20240012091
Features
General
Sewer Public Sewer (Sewer-Sanitary)
Possession At Close
Zoning Commercial
Year Built 1890
Property Type Commercial
Subdivision Name PLAT OF CABACIER FARM
Transaction Type Sale
Status Active
Short Sale No
Construction Materials Brick
Cumulative Days on Market 99
MLS Area Det South Of Grand River
Directions NE corner of Michigan and Rosa Parks
City Detroit
Terms Offered Cash Conventional
School District Detroit
Land Contract 0
Ownership Status Short Sale - No Private Owned
Street Name Michigan
Assessment 100.00
Total Sq Ft 7395
DOM 99
Taxes 12758.0000
Legal Description N MICHIGAN E 7 FT OF THAT PT OF 3 AND THAT PART OF 4 LYG BETW MICH AVE & ALLEY FIRST N BLK 5 CABACIER FARM L44 P435 DEEDS W C R 8/28 61.5 IRREG
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Exterior
Waterfront 0
Lot Size Area 0.30
Water Source Public (Municipal)
Foundation Basement
Lot Size Dimensions 62.00 x 102.00
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Interior
Street Suffix Avenue
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Internal Only
Originating MLS Realcomp II Ltd
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* Excluded Features
List By
Vincent Mazzola

Listing Agent

O'connor Realty Detroit, Llc

Broker

(313) 963-9891

Phone

Affordability Calculator

$18,344
Per Month
94%
6%
0%
Monthly Principal & Interest
$17,280
Monthly Property Taxes
$1,063
Monthly 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
THE TIME TO SELL IS NOW!
Nearby
848539 Elementary School
848135 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
2/28/2024$2,600,000 Listed Price

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1842 Michigan Avenue, Detroit, MI, 48216 is a Commercial Property for sale at $2,600,000 with 7,395 sqft and a lot size of 0.3. 1842 Michigan Avenue is a studio with 0.0 baths and was built in 1890. The property's zip code is 48216 which is in Detroit, MI

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