- Property Type: Commercial Building
- Lot Size (Acres): 2.07
- Public Sewer System
- Public Water
- Off Street Parking
This parcel of commercial land approximately 16,000 Sq. Ft. (2.06 acres) of land prime for development. Perfect site for a commercial building with great visibility in the city of Detroit. This location offers numerous opportunities for development and new construction. An investment at this price in Detroit could pay major dividends in the not-too-distant future as demand for this area increases.
Built in 1950, this two-story commercial building stands on an oversized parcel of land approximately 90,000 Sq. Ft. (2.07 acres) of land with functional operating space of about 85,000 Sq. Ft. (42,500 Sq. Ft. per floor). Previously, this building was a hospital with natural gas heating and connected to public water and sewer systems. This building has 255 feet of frontage and resides on a busy heavily trafficked boulevard with excellent visibility. At the reduced price, this building is an incredible investment opportunity.
*Property is being sold with Outstanding taxes in the approximate amount of: $26,000 (buyer assumes responsibility)
**In addition, an outstanding water bill of approx. $9,000 exists (buyer assumes responsibility).
This property just came out of foreclosure and is offered at $29,900. Note: All wholesale assets are sold on an as is, where is, basis.