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8450 3RD Street
Detroit, MI 48202

$79,900
Est. Mortgage: $400/mo
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Active
  • 1,451
    sq.ft.
Commercial

Development opportunity. Close to Boston Edison and the Q-Line. The property is zoned R5 (Medium Density Residential) and has current legal land use permitted as "carry out restaurant" since 1984 offering commercial opportunities. The structure requires full rehab. Incredible location within a short walk to the Fisher Building and New Center. Architectural rendering's offer what this building transformation can look like once fully rehabbed.

Property Details
  • Detroit
    school district
  • $776.00
    taxes
  • 1932
    built
  • 218030918
    MLS#
Slab Foundation
School district: Detroit
Brick exterior
Lot size: 50.00X122.00
Subdivision: MACKS SUB OF S 1/2 OF LOT 2 OF 1/4 SEC 45
Lot zoned: Commercial,Multi-Family,Residential
Present use: vacant
Frontage: 122
Sewer
City water
Total square feet: 1451
For sale
Summer tax: 486.0000
Winter tax: 290.0000
Courtesy of:
City Living Detroit

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Get more info or schedule a showing:
Address Distance Sale date Sale price
5684 GRAND RIVER 1.75 mi. 8/18/2017 $50,000
4765 W WARREN Avenue 2.75 mi. 4/30/2018 $60,000
2251 PURITAN Street 3.08 mi. 3/8/2017 $56,000
8301 LIVERNOIS 3.1 mi. 5/31/2018 $75,000
7607 LIVERNOIS Avenue 3.12 mi. 3/27/2018 $22,000
4105 E MCNICHOLS Road 3.19 mi. 6/26/2018 $87,500
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{"markerType": "Sold", "lat": "42.35568", "lng": "-83.1385", "Address": "8301 LIVERNOIS", "City": "Detroit", "StateProv": "MI", "ZipCode": "48204"}
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Detroit Real Estate Market in 48202
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$209,841
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The approximate monthly principal & interest payment for this property would be $400.45.

This payment is based on a 30-year loan at a fixed rate of 4.750 % - APR 4.848 % with a down payment of $3,995. Actual lender interest rates and loan programs may vary. Loans with lower down payments are available.

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8450 3RD Street, Detroit, MI 48202 commercial offered for sale at $79,900.
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