12642 E 7 Mile Rd
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12642 E 7 Mile Rd
3,314 SF 100% Leased Flex Building Detroit, MI 48205 $59,900 ($18/SF)
Investment Highlights
- Great 2 story building (2250 sq. ft.) on a corner lot that has plenty of potential and street view for a retail business.
- You can purchase all 4 and keep only the ones you want or lease out each one individually.
- Included in the package is an auto mechanic garage (4480 sq. ft) that has room for several cars and adjoining lots that offer room for 40 cars.
Executive Summary
Mechanic Shop and Retail Both! Investment Opportunity! Price to Sell! Great 2 story building (2250 sq. ft.) on a corner lot that has plenty of potential and street view for a retail business. Included in the package is an auto mechanic garage (4480 sq. ft) that has room for several cars and adjoining lots that offer room for 40 cars. This is a wonderful opportunity to purchase 2 buildings (total of 6730 sq. ft) with 2 lots (there are 4 individual parcel/property ID’s). You can purchase all 4 and keep only the ones you want or lease out each one individually. The possibilities are endless! Definitely a rare gem in the heart of Detroit! Includes: 12626, 12650, 12646 E. Seven Mile Road with purchase of 12642 E. Seven Mile Road.
Property Facts
| Price | $59,900 | Building Class | C |
| Price Per SF | $18 | Lot Size | 0.05 AC |
| Sale Type | Investment or Owner User | Rentable Building Area | 3,314 SF |
| Property Type | Flex | No. Stories | 1 |
| Property Subtype | Light Distribution | Year Built | 1951 |
| Price | $59,900 |
| Price Per SF | $18 |
| Sale Type | Investment or Owner User |
| Property Type | Flex |
| Property Subtype | Light Distribution |
| Building Class | C |
| Lot Size | 0.05 AC |
| Rentable Building Area | 3,314 SF |
| No. Stories | 1 |
| Year Built | 1951 |
Amenities
- Bus Line
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PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $0 | |
| Land Assessment | $0 | Total Assessment | $123,100 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$123,100
zoning
| Zoning Code | Commercial (Multi-Family) |
| Commercial (Multi-Family) |
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12642 E 7 Mile Rd
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