5536 Michigan Avenue Detroit, MI $ 550,000
5536 Michigan Avenue
$ 550,000
New Construction
Share Save

5536 Michigan Avenue

Detroit, MI, 48210
$ 550,000
Baths0.0 Sq 8,500

Monthly Estimate*

$ 3,655

5536 Michigan Avenue, Detroit, MI 48210 - Image 1
5536 Michigan Avenue, Detroit, MI 48210 - Image 2
5536 Michigan Avenue, Detroit, MI 48210 - Image 3
5536 Michigan Avenue, Detroit, MI 48210 - Image 4
5536 Michigan Avenue, Detroit, MI 48210 - Image 5
5536 Michigan Avenue, Detroit, MI 48210 - Image 6
5536 Michigan Avenue, Detroit, MI 48210 - Image 7
5536 Michigan Avenue, Detroit, MI 48210 - Image 8
5536 Michigan Avenue, Detroit, MI 48210 - Image 9
5536 Michigan Avenue, Detroit, MI 48210 - Image 10
5536 Michigan Avenue, Detroit, MI 48210 - Image 11
5536 Michigan Avenue, Detroit, MI 48210 - Image 12
Studio

Commercial Property for sale in Detroit, MI

for $550,000. This 8,500 square foot building was built in 1920 on a lot size of 0.25.

MIXED USE OPPORTUNITY! LOCATED HARD CORNER IN SOUTHWEST DETROIT. 0.25 ACRES. GREAT OPPORTUNITY FOR OWNER USER OR INVESTOR. 8500 SQFT. TWO BUILDINGS. FRONT BUILDING IS VACANT WITH 2 LEVELS. 3000 SQFT OF COMMERICIAL OR RESIDENTIAL SPACE ON EACH LEVEL (6000 sqft total). BOTH LEVELS NEED BUILD OUT. BACK BUILDING IS A FULL-SERVICE REPAIR SHOP WITH 2 BAYS. CURRENTLY IN BUSINESS. LOCATED ON A HIGH TRAFFIC BUSY CORNER ON MICHIGAN AVE IN SOUTHWEST DETROIT. (0.25 ACRES) (MICHIGAN AVE AND JUNCTION). LOCATED MINS FROM DOWNTOWN DETROIT AND THE FORD TRAIN STATION. FRONT BUILDING IS MIXED USE BUILDING. BACK BUILDING IS AN AUTO REPAIR SHOP WITH A 2 BAY GARAGE AND AN OFFICE. CURRENTLY OPEN FOR BUSINESS. NO INTERIOR PHOTOS OF THE FRONT BUILDING BECAUSE NEEDS TO BE BUILT OUT. CURRENTLY OPEN SPACE ON BOTH LEVELS.

See more

Commercial Active

Price

$ 550,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 2,077

Style

AUTO REPAIR

Lot Size

0.25

Year Built

1920

Town/City

Detroit

County/Region

Wayne

MLS | Web ID

20240005650

Features
Interior
Heating Fuel Natural Gas
Street Suffix Avenue
See more
General
Sewer Public Sewer (Sewer-Sanitary)
Heating Space Heater
Possession At Close
current use AUTO REPAIR
Zoning Commercial
Year Built 1920
Business Type Service Office Retail
Property Type Commercial
Subdivision Name BRUSHS SUB (PLATS)
Transaction Type Sale
Status Active
Short Sale No
Construction Materials Brick
Cumulative Days on Market 120
MLS Area Det South Of Grand River
Directions CORNER OF MICHIGAN AVE AND JUNCTION
City Detroit
Terms Offered Cash
School District Detroit
Land Contract 0
Ownership Status Short Sale - No Private Owned
Street Name MICHIGAN
Assessment 100.00
Total Sq Ft 8500
DOM 120
Taxes 2077.0000
Legal Description N MICHIGAN LOTS 15-17 & W 17FT LOT 18 BLK C BRUSHES SUB L16 P24 PLATS 87 FT IRREG OR 10 661 SQ FT
See more
Exterior
Waterfront 0
Lot Size Area 0.25
Water Source Public (Municipal)
Foundation Slab
Lot Size Dimensions 87.00 x 123.00
Architecture Level 2 Story
See more
Internal Only
Originating MLS Realcomp II Ltd
See more
* Excluded Features
List By
Tarick M Salmaci

Listing Agent

Arg Realty

Broker

(313) 333-0111

Phone

Affordability Calculator

$3,829
Per Month
95%
5%
0%
Monthly Principal & Interest
$3,655
Monthly Property Taxes
$173
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.
Learn more about how to save

Discover how much house you can afford

Your dream home may be within reach.

Learn More about how to save

The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
848539 Elementary School
848135 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
1/29/2024$550,000 Listed Price

Map


See all

5536 Michigan Avenue, Detroit, MI, 48210 is a Commercial Property for sale at $550,000 with 8,500 sqft and a lot size of 0.25. 5536 Michigan Avenue is a studio with 0.0 baths and was built in 1920. The property's zip code is 48210 which is in Detroit, MI