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$109,900
Est. payment /mo
2,198 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Commercial/Industrial
Listing Status Active
Purchase Type For Sale
Square Footage 2,198 sqft
Price per Sqft $50
Subdivision Mi
MLS Listing ID 60340033
Annual Tax Amount $825
Lot Size 0.270 Acres
Acres 0.27
Lot Dimensions 113 x 102
Property Sub-Type Commercial/Industrial
Property Description
Priced below replacement, this commercial property offers an outstanding investment opportunity on the well-trafficked NW corner of Houston Whittier & Chalmers. Located in the heart of Detroit's East Side, this freestanding concrete block building spans 2,198 square feet and was formerly a restaurant, making it ideal for a variety of business ventures. Situated on a 0.27-acre lot with 113 feet of frontage & 102 feet in depth, the property includes a large paved area with ample parking - a valuable asset for retail or service-based businesses. Adjacent city-owned vacant lots provide a unique opportunity for future expansion, enhancing the potential for growth. The building is structurally sound with a durable roof, ensuring long-term stability. Inside, the open layout allows for flexible configuration to suit various business needs. With its immense redevelopment potential and strategic location, this property presents a significant opportunity for investors looking to capitalize on a thriving area. Whether you plan to renovate or completely reimagine the space, this property provides a solid foundation for your next commercial project, offering both adaptability and growth potential. Schedule your showing today!
Location
State MI
County Wayne
Area Detroit (82001)
Zoning Commercial
Exterior
Roof Type Rubber
Building
Foundation Slab
Water Public Water
Others
Ownership Private
Assessment Amount $100
Financing Cash
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Listed by Own It Realty
Nearby Locations
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