27910 7 MILE Road Livonia, MI ^$ 600,000

27910 7 MILE Road

^$ 600,000

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27910 7 MILE Road

Livonia, MI, 48152

^$ 600,000

Studio Baths0.0 Sq 9,691

Monthly Estimate*

^$ 3,988

27910 7 MILE Road, Livonia, MI 48152 - Image 1

27910 7 MILE Road, Livonia, MI 48152 - Image 2

27910 7 MILE Road, Livonia, MI 48152 - Image 3

27910 7 MILE Road, Livonia, MI 48152 - Image 4

27910 7 MILE Road, Livonia, MI 48152 - Image 5

27910 7 MILE Road, Livonia, MI 48152 - Image 6

27910 7 MILE Road, Livonia, MI 48152 - Image 7

Studio

Commercial Property for sale in Livonia, MI

for $600,000. This 9,691 square foot building was built on a lot size of 2.17.

This well-established family owned and operated business has been a gem in the community since 1965. Great opportunity for someone to continue the same use or make it your own dream business. Currently a restaurant open to the public on one side and the other side of the building is currently 3 banquet halls. So many possibilities here. This is SBA approved as well. We have priced this to sell. Great location close to the freeway. The price of 600,000 includes the Business and Real Estate. Seller will include the liquor license at a price of $650,000.

Commercial Active

Price

^$ 600,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 19,363

Style

Commercial/Industrial

Lot Size

2.17

Town/City

Livonia

County/Region

Wayne

MLS | Web ID

60252511

Features

General

Heating Forced Air

Possession At Close

Water Public Water

Status Active Active

Year Built 19

Water Heater Gas

County Wayne

Class COM/IND/BUS OPP

Type Commercial/Industrial

Percent Ownership Private

Municipality Livonia

Zoning Commercial

Subdivision MI

Area Livonia (82021)

Primary City Livonia

Directions Located on 7 mile Rd between Inkster and MIddlebelt

City Livonia

Street Name 7 MILE

Financial Terms Cash Conventional

Legal Description 01EE1A EE2A PART OF THE SE 1/4 OF SEC 1 T1S R9E BEG DUE E 959.70FT FROM S 1/4 COR SEC 1 TH N0DEG 36M 30S W 665.60FT TH ELY ALONG CEN LINE OF A DITCH APPR 174FT TH S0DEG 15M E 653.01FT TH DUE W 170.09F

DOM 274

Postal Code 48152

Price Per Sq Ft Total 61.91

Coming Soon

Exterior

Exterior Brick

Frontage 169

Lot Size Area 2.17

Lot Dimensions 169.00 x 559.30

Roads Paved Street

Waterfront Y/N No

Interior

Fuel Type Natural Gas

* Excluded Features

List By

Deborah Deguise

Listing Agent

Century 21 Dynamic Realty

Broker

debdeg21@aol.com

Affordability Calculator

$5,601

Per Month

Monthly Principal & Interest: $3,988
Monthly Property Taxes: $1,614
Monthly Home Insurance: --

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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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Nearby

Trends
Schools

Commerical listings in Livonia, MI

Average List Price ^$279,134

Percent of Sale Price 53%

About Livonia, MI

98,750 Population

-2% Since 2002

^$70,218 Median Income

45.54 Median Age

25% 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
9/5/2023	$600,000		Listed Price

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27910 7 MILE Road, Livonia, MI, 48152 is a Commercial Property for sale at $600,000 with 9,691 sqft and a lot size of 2.17. 27910 7 MILE Road is a studio with 0.0 baths. The property's zip code is 48152 which is in Livonia, 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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27910 7 MILE Road

Commercial Property for sale in Livonia, MI

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