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7701 W EIGHT MILE Road

$ 849,900
7701 W EIGHT MILE RD ,
8
Active

Description

KING of all Used Auto Dealers and Collision Shops, sitting on 3acres of land, suitable for 150 Cars plus, busy collision shop with equipment included. State of the art Software for Used Car Dealer and Collision Shop. Also includes Buy here pay her system. Will receive contacts for all accounts receivables for 50% of the full value, you will be receiving auto payments from day one, for vehicles already purchased. This business is a “GEM” Very busy operation on the busiest road in state. “Eight Mile” near Livernois. Easily worth $2 Million, Wants to retire, Get it all for only $949,000. Best investment, a no brainer.
Call “JAAFAR TEAM” Call Agent for showing.

Property Addresses included in this sale are, 7701, 7711, 7725, 7735 Eight Mile Rd and 20515 Santa Barbara Dr Detroit MI 48221

Address: 7701 W EIGHT MILE RD
City:
State/County:
Zip: 48221
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Property Id : 24162
Price: $ 849,900
Building size: 3.00 acres
Available Space: 6000 sq.ft.
Active Openhouse Count: 0
Architecture Level: 2 Story
Assessment: 0
Building Area Source: Public Records
CDOM: 763
Commercial Type: Business And Real Estate
Commercial Utilities: 3 Phase Power,220V Available,Smoke Alarm
Construction Materials: Block/Concrete/Masonry,Brick
County Or Parish: Wayne
Current Use: Used Auto Dealer Sales/ Collision Shop/ Auto Repair
Deposit Amount: 450000.00
Directions: East from Southfield and West of Livernois. 8 Mile & Santa Barbara
Directions From EastWest: E
Directions From EastWest Detail: Eight Mile Rd
Directions From NorthSouth: N
Directions From NorthSouth Detail: Livernois
DOM: 763
Foundation Details: Slab
Foundation Materials: Poured
Frontage Feet: 400
Gross Scheduled Income: 0.00
Heating: Central Air
Heating Fuel: Natural Gas
Land Interest Rate: 0
Land Payment: 0
Land Terms: 0
Last Change Type: Back On Market
List Office Name: Empire Realty Group
List Price By Acre: 283300.0000
Lock Box Type: Appointment
Lot Size Dimensions: 97.00X200.00
MLS: Realcomp II Ltd
MLS Area Major: Det 6-8 Grfld-Dequindre
MLS Area Major Number: 05041
MLS Number: 218120058
Monthly Sales: 0
Annual Net Income: 0.00
Office Heating: Central Air
Operating Expense: 0.00
Original List Price: 399000.00
Ownership Status: Private Owned,Short Sale - No
Parcel Number: W16I009350C2
Plant Heating: Central Air
Postal City: Detroit
Property Type: Commercial
Protection Period: 6 mo
Road Frontage Type: Paved
Roof Material: Asphalt
Room Count: 0
School District: Detroit
Settlement: City
Sewer: Sewer at Street
Short Sale: No
Sqft Main: 6000
Sqft Office: 400
Sqft Source: PRD
State Equalized Value: 88800.0000
Street Dir Prefix: W
Street Name: EIGHT MILE
Street Number: 7701
Street Suffix: Road
Subdivision Name: GARDEN HOMES (PLATS)
Table: Commercial
Taxable Value: 84743.0000
Tax Amount Summer: 6437.0000
Tax Amount Winter: 941.0000
Tax Legal Description: S EIGHT MILE RD 12 & 11GARDEN HOMES SUB L29 P84 PLATS, W C R 16/298 97 X 200 S EIGHT MILE ROAD 10 GARDEN HOMES SUB L29 P84 PLATS, W C R 16/298 48.50 x 200 S EIGHT MILE ROAD 9 GARDEN HOMES SUB L29 P84 PLATS, W C R 16/298 48.50 x 200 S EIGHT MILE RD 12 & 11GARDEN HOMES SUB L29 P84 PLATS, W C R 16/298 97 x 200 Also: (7711 W. 8 Mile Rd Detroit Mi 48221)
Title: Private - Owned
Total Tax: 7378.0000
Unit Count: 0
Water Source: Municipal Water
Year Built: 1965
Zoning: Commercial,Multiple
Customer Comment: Yes
Encroachment: No
Land Contract: Yes
Publish Sale Price: Yes
Waterfront: No
Zone Conform: Yes
IDX provided courtesy of Realcomp II Ltd., via Empire Realty Group and Realcomp, © 2021 Realcomp II Ltd. Shareholders.

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