313 MICHIGAN Avenue
Detroit, MI 48226

Est. Mortgage: $7,162/mo
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  • 5,000

Detroit's most clever address-313 Michigan Ave! This 3 story building is nestled right in the middle of the hustle and bustle of downtown, within walking distance to great restaurants, bars and cultural events. First floor is comprised of opulent large format herringbone wood floors, vintage tiles baths, period wood paneling, and gold bath fixtures. 2nd and 3rd floor are white boxed with exposed brick walls, separately metered HVAC and water tanks. Great potential for a roof-top deck!

Property Details
  • Detroit
    school district
  • $5,942.00
  • 1950
  • 217066762
Central air
Forced air heat
School district: Detroit
Brick exterior
Lot size: 23.67X120.00
Lot zoned: Commercial
Present use: Vacant
Frontage: 24
City water
Units in building(s): 3
Total square feet: 5000
For sale
Summer tax: 4880.0000
Winter tax: 1062.0000
Courtesy of:
O'Connor Realty

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Address Distance Sale date Sale price
3815 W FORT Street 2.01 mi. 12/22/2016 $421,050
5911 CASS Avenue 2.42 mi. 3/31/2017 $1,170,000
6532 WOODWARD Avenue 2.86 mi. 8/7/2018 $1,000,000
19533 W WARREN Avenue 9.27 mi. 1/26/2018 $775,000
7080 GARLING Drive 9.61 mi. 2/23/2018 $1,250,000
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{"markerType": "Sold", "lat": "42.3145", "lng": "-83.08366", "Address": "3815 W FORT Street", "City": "Detroit", "StateProv": "MI", "ZipCode": "48216"}
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{"markerType": "Sold", "lat": "42.36982", "lng": "-83.0723", "Address": "6532 WOODWARD Avenue", "City": "Detroit", "StateProv": "MI", "ZipCode": "48202"}
{"markerType": "Sold", "lat": "42.34296", "lng": "-83.23235", "Address": "19533 W WARREN Avenue", "City": "Detroit", "StateProv": "MI", "ZipCode": "48228"}
{"markerType": "Sold", "lat": "42.34167", "lng": "-83.23931", "Address": "7080 GARLING Drive", "City": "Dearborn Heights", "StateProv": "MI", "ZipCode": "48127"}
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The approximate monthly principal & interest payment for this property would be $7,161.63.

This payment is based on a 30-year loan at a fixed rate of 4.625 % - APR 4.721 % with a down payment of $72,500. Actual lender interest rates and loan programs may vary. Loans with lower down payments are available.

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313 MICHIGAN Avenue, Detroit, MI 48226 commercial offered for sale at $1,450,000.
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