16921 W WARREN Avenue Detroit, MI ^$ 495,000

16921 W WARREN Avenue

^$ 495,000

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16921 W WARREN Avenue

Detroit, MI, 48228

^$ 495,000

Studio Baths0.0 Sq 4,800

Monthly Estimate*

^$ 3,290

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16921 W WARREN Avenue, Detroit, MI 48228 - Image 9

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16921 W WARREN Avenue, Detroit, MI 48228 - Image 11

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Studio

Commercial Property for sale in Detroit, MI

for $495,000. This 4,800 square foot building was built on a lot size of 0.28.

Prime Investment or Owner user opportunity. Property is situated on heavily traveled Warren Avenue. High Traffic counts with excellent exposure. Very densely populated area. One of the very few properties on Warren Avenue with ample on-site parking. (25 Spaces). Also available for lease at $3,750 Per Month (Modified Gross). Land Contract is a possibility with 55%-60% down payment.

Commercial Pending

Price

^$ 495,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 6,817

Style

Commercial/Industrial

Lot Size

0.28

Town/City

Detroit

County/Region

Wayne

MLS | Web ID

60287140

Features

General

Possession At Close

Water Public Water

Status Pending Pending

Year Built 19

Subdivision FRISCHKORNS HIGHLANDS (PLATS) MI

County Wayne

Class COM/IND/BUS OPP

Type Commercial/Industrial

Percent Ownership Private

Municipality Detroit

Zoning Commercial

Area Detroit (82001)

Primary City Detroit

Directions West Warren Avenue East of Southfield

City Detroit

Street Name WARREN

Financial Terms Cash

Legal Description S WARREN 260 THRU 257 FRISCHKORNS HIGHLANDS SUB L41 P14 PLATS W C R 22/258 121.50 IRREG

DOM 17

Postal Code 48228

Price Per Sq Ft Total 103.13

Coming Soon

Exterior

Exterior Other

Frontage 122

Lot Size Area 0.28

Lot Dimensions 122.00 x 100.00

Roads Paved Street

Waterfront Y/N No

* Excluded Features

List By

Yousef Beydoun

Listing Agent

Re/Max Team 2000

Broker

YBEYDOUN@YAHOO.COM

Affordability Calculator

$3,858

Per Month

Monthly Principal & Interest: $3,290
Monthly Property Taxes: $568
Monthly Home Insurance: --

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Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

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 Detroit, MI

Average List Price ^$489,076

Percent of Sale Price 1%

About Detroit, MI

633,657 Population

-33% Since 2002

^$26,977 Median Income

36.23 Median Age

26% 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
2/9/2024	$495,000		Listed Price

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16921 W WARREN Avenue, Detroit, MI, 48228 is a Commercial Property for sale at $495,000 with 4,800 sqft and a lot size of 0.28. 16921 W WARREN Avenue is a studio with 0.0 baths. The property's zip code is 48228 which is in Detroit, 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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16921 W WARREN Avenue

Commercial Property for sale in Detroit, MI

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