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Tyrone Powell

powelladvantageteam@gmail.com +1(734) 890-6919

$ 399,000

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Price Dropped by $50K

7409 Michigan Avenue Detroit, MI 48210

5,836 SqFt

UPDATED:

Key Details

Property Type Commercial

Sub Type Real Estate Only

Listing Status Active

Purchase Type For Sale

Square Footage 5,836 sqft

Price per Sqft $68

MLS Listing ID 20250018099

Year Built 1935

Annual Tax Amount $3,013

Lot Size 3,049 Sqft

Acres 0.07

Lot Dimensions 48x62

Property Sub-Type Real Estate Only

Source Realcomp II Ltd

Property Description

Circa 1935 gorgeous brick and stone facade building located on the corner of Michigan Ave and 51st street in the CLIPPERTS CONRAD SUB NO 2. Highly sought after 5,836 sq ft building. Fire restoration required. Building zoned for commercial, multiple. Land use, 201 - Commercial. This large commercial building features 2 store fronts on the main floor and 4 potential apartments upstairs. The upper level has been studded out for 4 large 1 bedroom apartments. Each with a living room, kitchen, bedroom, bathroom, and walk-in closets. For many years, the ground floor spaces were leased out as two separate store fronts. Additional parking is available across 51st street. The store fronts picture windows all have roll down security shutters, and the corner store front door has a powered Jan Door roll up security door. This property is located on the south side of Michigan Ave. The building has separate electrical meters, separate gas meters, and two staircases to access the upstairs. Full basement with a sump pump. Just minutes from the beautiful Michigan Central Train Station, and Corktown. Growth and appreciation is booming at an unprecedented rate. Become a part of the incredible Corktown expansion. A true diamond in the rough.

Location

State MI

County Wayne

Area Det South Of Grand River

Zoning Commercial,Multiple

Direction Property on the corner of Michigan Avenue and 51st, between Central and Martin

Exterior

Road Frontage Paved

Building

Foundation Basement

Sewer Public Sewer (Sewer-Sanitary)

Water Public (Municipal)

Level or Stories 2 Story

Structure Type Block,Brick

Schools

School District Detroit

Others

Tax ID W18I002360S

Ownership Short Sale - No,Private Owned

Acceptable Financing Cash

Listing Terms Cash

Financing Cash

Special Listing Condition Full Service

Listed by Robert C Struk of Century 21 Curran & Oberski

Tyrone Powell

Agent | License ID: 393100

+1(734) 890-6919 | powelladvantageteam@gmail.com

Tyrone Powell

7409 Michigan Avenue Detroit, MI 48210

Key Details

Location

Exterior

Building

Schools

Others

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7409 Michigan Avenue