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20757 W 7 MILE Road

$ 249,000
20757 W 7 MILE RD ,
39
Active

Description

EXISTING BUSINESS AND LAND INCLUDED. MANY POTENTIAL USES AS AN AUTO DEALERSHIP, GARAGE AND MECHANIC SHOP PROPERTY HAS 3 BAYS AND OFFICE BUILDING LOCATED ON THE BUSY 7 MILE ROAD. THE PROPERTY INCLUDES ALL THE EXISTING AUTO EQUIPMENTS AND SECURITY SYSTEM. ALSO ROOF HAS BEEN RECENTLY UPDATED IN 2017 AND GARAGE BAYS WERE ALSO UPDATED AS NEEDED WITH NEW BAY DOOR. THE FACILITY CAN ALSO ACCOMMODATE MANY AUTOS IN A VISIBLE FENCED SURROUNDING FOR DRIVE-BY AND WALK-BY CUSTOMERS. SELLER IS MOTIVATED TO SELL CASH OR IS WILLING TO FINANCE WITH A LAND CONTRACT: $100K DOWN PAYMENT AND TERMS ARE NEG. TO ACCOMMODATE THE BUYER. PAYMENT BALLON WILL MATURE IN 60 MONTHS. ESTIMATED MONTHLY PAYMENT IS APPROXIMATELY $2000+. AFTER 60 MONTHS, BUYER’S BALANCE OF FULL PAYMENT IS DUE. DO NOT APPROACH EMPLOYEES OR ANY PERSON ONSITE. DRIVE BY TO SEE THIS BUSY PROPERTY.

Address: 20757 W 7 MILE RD
City:
State/County:
Zip: 48219
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Property Id : 24168
Price: $ 249,000
Building size: 0.29 acres
Available Space: 2000 sq.ft.
Active Openhouse Count: 0
Architecture Level: 1 Story
Assessment: 900
Building Area Source: Owner
Business Type: Service
CDOM: 521
CoList Agent Direct Work Phone: 2483258639
Commercial Exterior Features: Outside Lighting,Perimeter Fence
Commercial Type: Business And Real Estate,Business Opportunity,Commercial
Construction Materials: Block/Concrete/Masonry,Brick,Other
County Or Parish: Wayne
Current Use: AUTO GARAGE WITH 3 BAYS
Deposit Amount: 100000.00
Directions: ON SOUTH SIDE 7TH MILE ROAD BTW LAHSER AND EVERGREEN
Directions From EastWest: E
Directions From EastWest Detail: LAHSER ROAD
Directions From NorthSouth: S
Directions From NorthSouth Detail: SIDE OF 7TH MILE
DOM: 521
Foundation Details: Slab
Foundation Materials: Poured
Frontage Feet: 100
Gross Scheduled Income: 0.00
Heating: Forced Air
Heating Fuel: Natural Gas
Land Interest Rate: 9.0
Land Payment: 2037
Land Terms: 144
Last Change Type: Price Decrease
List Office Name: HOA Professional Group LLC
List Price By Acre: 858620.6897
Lockbox Location: Call Listing Office
Lock Box Type: Appointment/LockBox
Lot Size Dimensions: BUSINESS ONLY
MLS: Realcomp II Ltd
MLS Area Major: Det - 6 To 8, Grnfld To Limits
MLS Area Major Number: 05032
MLS Number: 219000440
Monthly Sales: 0
Annual Net Income: 0.00
Office Heating: Forced Air,Radiant
Operating Expense: 0.00
Original List Price: 279000.00
Ownership Status: Private Owned,Short Sale - No
Parcel Number: W22I016599C604
Postal City: Detroit
Postal Code Plus 4: 2506
Property Type: Commercial
Protection Period: 180 days
Road Frontage Type: Gravel,Paved
Roof Material: Asphalt
Room Count: 0
School District: Detroit
Settlement: City
Sewer: Sewer-Sanitary
Short Sale: No
Side Of Street: S
Sqft Main: 2000
Sqft Office: 200
Sqft Source: OWNER
State Equalized Value: 28900.0000
Street Dir Prefix: W
Street Name: 7 MILE
Street Number: 20757
Street Suffix: Road
Subdivision Name: C W HARRAHS REDFORD SUB (PLATS)
Table: Commercial
Taxable Value: 27567.0000
Tax Amount Summer: 3022.0000
Tax Amount Winter: 256.0000
Tax Legal Description: S SEVEN MILE W 11 THRU 6 C W HARRAHS REDFORD SUB L57 P80 PLATS, W C R 22/524 126.50 X 100
Title: Private - Owned
Total Tax: 3278.0000
Unit Count: 0
Water Heater Fuel: Natural Gas
Water Source: Municipal Water
Year Built: 1954
Year Remodeled: 2017
Zoning: Commercial
Customer Comment: Yes
Encroachment: No
Exclusions: No
Existing Lease: No
Land Contract: Yes
Publish Sale Price: Yes
Waterfront: No
IDX provided courtesy of Realcomp II Ltd., via HOA Professional Group LLC and Realcomp, © 2022 Realcomp II Ltd. Shareholders.

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