Seller Financing
Address
7741 Grand River Ave Detroit, MI
Price
$ 249,900
Property Attributes
  • MLS#40048908
  • TypeCommercial
  • CountyWAYNE
  • CityDetroit
  • AreaDetroit
  • NeighborhoodDetroit
  • Zip48204
  • StyleCommercial/Industrial
  • Year Built1914
  • Taxes$ 1106
  • Price$ 249,900
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage4902
  • Lot Size4,356 SqFt
Listing Provided Courtesy Of:
RE/MAX Dream Properties
Data Source:
Michigan Multiple Listing Service
Property Description

"THE POSSIBILITIES ARE "ENDLESS"~ LITTLE MARY'S LOUNGE 50 + YEARS OF SERVICE~ EXCELLENT, OUTSTANDING, COMMERCIAL/BUSINESS/DEVELOPMENT OPPORTUNITY !!! CLASS C LIQUOR LICENSE ~CABARET, AND BEER AND WINE LICENSES, SPACIOUS DANCE FLOOR, PARKING LOT, 2-2 BEDROOM APARTMENTS UPSTAIRS,BOTH COULD RENT WITH PROPER RENOVATION (2 LOFTS) AT $1,000.00+ PER MONTH AS LOCATION IS NOT FAR FROM THE NEWLY DEVELOPED "NEW CENTER AREA". "OPEN MIC" VENUE HAS BAND PLAYS MUSIC AND BIRTHDAY PARTIES, ETC. ARE HELD THERE. THERE ARE ADDITIONAL "3" VACANT LOTS THAT CAN BE PURCHASED. "2" FORCED AIR NATURAL GAS FURNACES FOR MAIN FLOOR HEATING / "1" NATURAL GAS BOILER FOR 2 UPPER APARTMENTS. NOTE: OWNER WILL LOOK AT A SHORT TERM LAND CONTRACT. MAKE YOUR OFFER TODAY PLEASE NOTE "DO NOT APPROACH WAITSTAFF FOR INFORMATION OR APPOINTMENTS."

Price History
5/7/2020 Listed $249,900

General Features

Class COM/IND/BUS OPP
Commercial Features Railroad
Cooling Central A/C
Directions SOUTHSIDE OF GRAND RIVER WEST OF GRAND BOULEVARD
Financial Terms Cash, Land Contract
Heating Forced Air, Steam
Listing Area Detroit (82001)
Municipality Detroit
Originating Mls RealComp
Ownership Private
Roof Asphalt, Rubber
Source Mls MI Real Source
Status Active
Status Active
Subdivision HOLDEN & MURRAYS NORTHWESTERN (PLATS)
Subj To Short Sale Apprvl No
Type Commercial/Industrial
Water Public Water
Water Heater Gas
Year Built 1914
Zoning Commercial

Interior Features

Fuel Type Natural Gas

Exterior Features

Sale Includes Business and Real Estate, Inventory
Exterior Brick
Foundation Type Basement
Frontage 44
Lot Dimensions 44x100
Lot Size Area 0.1
Sewer Septic Public Sanitary
Waterfront Y/N No

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

Property vs Commercial Average in 48204

Price
AVG $380K
$250K
Taxes
AVG $11,840
$1,106
Visits
AVG 63
44
Year Built
AVG 1953
1914
Walkscore
AVG 44
42
Data Provided by Walkscore ® not using MLS data