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13944 Michigan Avenue

Dearborn, MI 48126
  • $1,149,000
  • STATUS: Active
  • ON SITE: 304 Days
  • MLS #: 20230049781
$1,149,000
  • 0
    BEDS
  • 0.11
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 7,932
    SQFT
  • $145
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1922
County:
Area:
Zoning:
Commercial,Office
Lot Size Dimensions:
40x150

School Ratings & Info

School District:

Description

HISTORIC EAST DEARBORN BUILDING FOR SALE. LOWER UNIT IS CURRENTLY LEASED OUT TO A RESTERAUNT FOR $5,000 A MONTH ON A 5 YEAR LEASE WITH A 5 YEAR OPTION. SECOND FLOOR UNIT IS SET UP PERFECTLRY FOR OFFCIE SPACE FOR AN ATTORNEY'S OFFICE, ACCOUNTANT, MORTGAGE, OR INSURANCE COMPANY, OR CAN BE EASILY CONVERTED INTO 4 LOFST AND LEASED OUT SEPERATLY. DONT MISS YOUR OPPORUNITY TO OWN THIS MONEY MAKER. PLENTY OF POTENTIAL TO DO WHATEVE YOU WANT WITH THE SECOND FLOOR UNIT.

Monthly Payment Calculator



IDX provided courtesy of Realcomp II Ltd. via Real5 and Realcomp II Ltd.. © 2024 Realcomp II Ltd. Shareholders. Real estate listings held by brokerages other than Real5 are marked with the Realcomp-approved IDX logo and are provided through IDX through Realcomp II Ltd. IDX information is provided exclusively for the 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. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Data last updated: 2024-04-21T19:19:05.117.
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13944 Michigan Avenue Dearborn, MI 48126

  • Price: $1,149,000
  • Status: Active
  • On Site: 304 Days
  • MLS #: 20230049781
0
Beds
0
Baths
0
½ Baths
0.11
Acres
7,932
SQFT
$145
$/SQFT
1922
Built
Neighborhood:
ARDROSS SUB
County:
Wayne
Area:
Dearborn
School District:
DEARBORN
Property Description
HISTORIC EAST DEARBORN BUILDING FOR SALE. LOWER UNIT IS CURRENTLY LEASED OUT TO A RESTERAUNT FOR $5,000 A MONTH ON A 5 YEAR LEASE WITH A 5 YEAR OPTION. SECOND FLOOR UNIT IS SET UP PERFECTLRY FOR OFFCIE SPACE FOR AN ATTORNEY'S OFFICE, ACCOUNTANT, MORTGAGE, OR INSURANCE COMPANY, OR CAN BE EASILY CONVERTED INTO 4 LOFST AND LEASED OUT SEPERATLY. DONT MISS YOUR OPPORUNITY TO OWN THIS MONEY MAKER. PLENTY OF POTENTIAL TO DO WHATEVE YOU WANT WITH THE SECOND FLOOR UNIT.
Exterior Features

Architecture Level 1 Story Construction Materials Brick Foundation Details Basement Foundation Materials Block Lot Size Dimensions 40x150 Road Frontage Feet 40 Road Frontage Type Paved Waterfront YN No

Interior Features

Building Area Source Assessor Sq Ft Main 7932

Property Features

Assessment 0.00 Commercial Type Real Estate Only Deposit Amount 400000.00 Existing Lease YN Yes Gross Scheduled Income 120000.00 Inventory Included YN No Land Contract YN Yes Land Interest Rate 6 Land Payment 7500 Land Terms 36 Listing Financing CashContractConventional Net Operating Income 95500.00 Operating Expense 24500.00 Ownership Status Short Sale - NoPrivate Owned Percent Leased 50 Possession At Close Postal City Dearborn Protection Period 90 Settlement City Sewer Public Sewer (Sewer-Sanitary) Short Sale No Tax Amount Summer 15627.0000 Tax Amount Winter 2027.0000 Title Standard (Private) Total Tax 17654.0000 Unparsed Address 13944 MICHIGAN Avenue Water Source Public (Municipal) Zoning CommercialOffice

Realcomp IDX logo IDX provided courtesy of Realcomp II Ltd., via RE/MAX Team 2000: (313) 561-0900 and Realcomp, ©2024 Realcomp II Ltd. Shareholders.


IDX provided courtesy of Realcomp II Ltd. via Real5 and Realcomp II Ltd.. © 2024 Realcomp II Ltd. Shareholders. Real estate listings held by brokerages other than Real5 are marked with the Realcomp-approved IDX logo and are provided through IDX through Realcomp II Ltd. IDX information is provided exclusively for the 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. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Data last updated: 2024-04-21T19:19:05.117.
 
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