Detroit, MI 48210,8505 MICHIGAN Avenue

$550,000

Est. payment /mo

$800,000

31.3%
Est.Price: ?

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8505 MICHIGAN Avenue Detroit, MI 48210

5,000 SqFt

SOLD DATE : 02/09/2024

Key Details

Sold Price $550,000

Property Type Commercial

Sub Type Real Estate Only

Listing Status Sold

Purchase Type For Sale

Square Footage 5,000 sqft

Price per Sqft $110

Subdivision More Than One Subdivision Involved

MLS Listing ID 20230081988

Sold Date 02/09/24

Originating Board Realcomp II Ltd

Year Built 1970

Annual Tax Amount $4,298

Lot Size 0.490 Acres

Acres 0.49

Lot Dimensions 228.00 x 93.00

Property Description

Discover a lucrative opportunity to OWN an ideally located auto dealership on the Detroit-Dearborn border. This property boasts
exceptional visibility, with almost 230 ft of frontage on Michigan Ave, attracting around 20,000 cars daily. The expansive 5,000 sqft
mechanics garage and spacious 800 sqft sales office provide ample space for automotive services and customer interactions.
Accommodating over 75 cars, this dealership offers an impressive inventory display to captivate potential customers. With its prime
location and high traffic volume, this is a money-making machine for expanding auto sales businesses. Respect the current business’s
privacy, but don’t miss out on the chance to establish or grow your operations in this coveted Detroit location. Contact us now for a
private tour and secure this prime auto dealership. Contact for more Details. DO NOT APPROACH EMPLOYEES OR BUSINESS

Location

State MI

County Wayne

Area Det South Of Grand River

Zoning Commercial

Direction SOUTH OF MICHIGAN AVE OFF 94

Interior

Hot Water Natural Gas

Exterior

Road Frontage Paved

Building

Foundation Slab

Sewer Public Sewer (Sewer-Sanitary), Sewer at Street

Water Public (Municipal), Water at Street

Level or Stories 1 Story

Structure Type Block/Concrete/Masonry

Schools

School District Detroit

Others

Tax ID W20I004557C62

Ownership Short Sale - No,Private Owned

Assessment Amount $100

Acceptable Financing Cash, Contract, Conventional

Listing Terms Cash, Contract, Conventional

Financing Cash,Contract,Conventional

Special Listing Condition Full Service

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Realcomp MLS
Listed by Ali Fayz of Real Estate One-Dbn Hts
Bought with RE/MAX Leading Edge

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