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2740 Orleans Street Detroit, MI $ 650,000
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$ 650,000 Get more info
2740 Orleans Street
$ 650,000
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2740 Orleans Street

Detroit, MI, 48207
$ 650,000
Baths0.0 Sq 6,600

Monthly Estimate*

$ 3,893

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Studio

Commercial Property for sale in Detroit, MI

for $650,000. This 6,600 square foot building was built in 1931 on a lot size of 0.09.

This solid two-story industrial brick building in the heart of Eastern Market is situated a block from Shed 5 and two blocks from the busy main artery of Russell Street. Built in 1926, the 6,600-square-foot property offers plenty of space plus myriad versatile opportunities for an owner-operator or developer–with the potential for up to two ground-floor retail spaces and two residential or creative office units above. Located within an Opportunity Zone, the building features new 800-amp electrical service, HVAC, roof and plumbing.

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Commercial Active

Price

$ 650,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 2,975

Style

Lot Size

0.09

Year Built

1931

Town/City

Detroit

County/Region

Wayne

MLS | Web ID

20240065784
Features
General
Sewer Public Sewer (Sewer-Sanitary)
Possession At Close
Zoning Commercial
Year Built 1931
Property Type Commercial
Subdivision Name LINGERMANS SUB OF PART OF OL 7
Transaction Type Sale
Status Active
Short Sale No
Construction Materials Brick
Cumulative Days on Market 189
MLS Area Det: 6-Mack I75-Conner
Directions NW Corner of Division and Orleans
City Detroit
Terms Offered Cash Conventional
School District Detroit
Land Contract 0
Ownership Status Short Sale - No Private Owned
Assessment 100.00
Total Sq Ft 6600
DOM 8
Taxes 2975.0000
Legal Description E ORLEANS N 43 FT 5 LINGERMANS SUB L1 P160 PLATS W C R 7/33 43 X 90
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Exterior
Waterfront 0
Lot Size Area 0.09
Water Source Public (Municipal)
Lot Size Dimensions 43.00 x 90.00
Roof Material Rubber
Architecture Level 2 Story
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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

$4,141
Per Month
94%
6%
0%
Monthly Principal & Interest
$3,893
Monthly Property Taxes
$248
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 5.99% 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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Nearby
848539 Elementary School
848135 Middle School
Unknown High School High School
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Pricing History
DatePricePrice ChangeDescription
9/4/2024$650,000 Listed Price

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2740 Orleans Street, Detroit, MI, 48207 is a Commercial Property for sale at $650,000 with 6,600 sqft and a lot size of 0.09. 2740 Orleans Street is a studio with 0.0 baths and was built in 1931. The property's zip code is 48207 which is in Detroit, MI

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