Lease to Own
Address
5638 Michigan Avenue Detroit, MI
Price
$ 149,000
Property Attributes
  • ID#2210013514
  • TypePending
  • CountyWAYNE
  • CityDetroit
  • AreaDet South Of Grand River
  • NeighborhoodBRUSHS SUB
  • Zip48210
  • StyleVacant
  • Year Built1930
  • Taxes$ 2662
  • Price$ 149,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage4000
  • Lot Size2,178 SqFt
Listing Provided Courtesy Of:
Downtown Realty
Data Source:
RealComp - 83 - MI
Property Description

Just blocks away from Corktown, minutes from Downtown Detroit, this unique location on Michigan Avenue in Mexicantown/Southwest Detroit is hot and is ready for a savvy investor and/or business owner who has a great idea for this huge space. This 2 story could be multiple different businesses, all residential, or both. Located on busy Michigan avenue near Junction Avenue with full public transportation on whether the Fast Bus or D DOT. This location is near La Noria and El Barzon, two great restaurants a block away from this location. In the photos, the first photo is a rendering done on what this property can look like. Purchaser to pay $495 processing fee to listing broker at closing. Buyer will receive a clean title, warranty deed, and title insurance!

Price History
3/2/2021 Listed $159,000
9/27/2021 7% - $149,000

General Features

Business Type Medical, Office, Residential, Retail
Commercial Type Apartments, Business And Real Estate, Commercial
Construction Materials Brick
Cumulative Days on Market 218
Current Use Vacant
Deposit Amount 75000.00
Gross Scheduled Income 0.00
Heating Forced Air
Land Contract Yes
Listing Agent Public Id 406301
Net Operating Income 0.00
Operating Expense 0.00
Ownership Status Private Owned, Short Sale - No
Parcel Number W16I001718S
Possession At Close
Property Type Commercial
School District Detroit
Sewer Sewer at Street, Sewer-Sanitary
Short Sale No
Status Pending
Subdivision Name BRUSHS SUB (PLATS)
Terms Offered Cash, Conventional, Land Contract, Lease With Option, Warranty Deed
Total Sq Ft 4000
Transaction Type Sale
Year Built 1930
Zoning Commercial, Multiple

Interior Features

Heating Fuel Natural Gas

Exterior Features

Architecture Level 2 Story
Foundation Basement
Foundation Materials Block, Brick
Frontage Feet 35
Lot Size Area 0.05
Lot Size Dimensions 20x100
Water Source Municipal Water, Water at Street

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool


IDX provided courtesy of Realcomp II Ltd., via Brookstone Realtors and The Originating MLS(found above), © 2021 Realcomp II Ltd. Shareholders. Shareholders. The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of December 6, 2021 4:16 PM UTC Information deemed reliable but not guaranteed. The data relating to real estate on this web site comes in part from the Internet Data Exchange (IDX) Program of Realcomp Ltd

Property vs Pending Average in 48210

Price
AVG $70K
$150K
Taxes
AVG $1,108
$2,662
Visits
AVG 89
29
Year Built
AVG 1917
1930
Walkscore
AVG 52
75
Data Provided by Walkscore ® not using MLS data

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