$249,900

7741 Grand River Avenue

Detroit MI, 48204

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."

Details

MLS#2200004089
Listing TypeFor Sale
StyleIndustrial
Sub-TypeResale
StatusActive
Year1914
Days On Site74

Features

SQ Feet4,902
Story(s)1
ZoningCommercial

Market Activity 48204

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Area Information

StateMI
CountyWayne
CityDetroit
Zip Code48204
AreaDet South Of Grand River
Listing VS Median (in 48204)
Price:
$249,900
low | high
Med:
$40,750
100% of Average
SqFt:
4,902
low | high
Med:
1,127
100% of Average
$ / SqFt:
$51
low | high
Med:
$40
72.165845321012% of Average
On Site:
74
low | high
Med:
361.5
20.470262793914% of Average
Listing Updated: 03/28/2020
MLS Number: 2200004089
Listing Provided By:
Sally J Adams  of  RE MAX Property Source
MLS Internet Data Exchange (IDX) information is provided exclusively 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, and that the data is deemed reliable but is not guaranteed accurate by realcomp II Ltd.® MLS.