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7059 Michigan Avenue

Detroit, MI 48210
  • $320,000
  • STATUS: Active
  • ON SITE: 55 Days
  • ID#: 81023145986
UPDATED: 18 min ago
$320,000
  • 0
    BEDS
  • 0.36
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 3,052
    SQFT
  • $105
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1926
County:
Zoning:
Other
Lot Size Dimensions:
68.00 x 62.00

School Ratings & Info

School District:

Description

Unique opportunity featuring 68' of road frontage on the heavily trafficked Michigan Avenue and minutes from the commercial hubs of Dearborn, Corktown and South West Detroit. Parcel is zoned B4 and provides a secured parking lot. The former Exclusive Yacht Club (Sunset Strip) offers approximately over 3,000 square feet and two floors of rehabilitatable space which includes bar equipment, sound system and updated commercial kitchen (new 2021). The sale includes 2 additional R2 vacant lots, 4467 & 4471 Parkinson- for either expanded parking or residential building. An excellent time to seize the opportunity and invest in the rapidly redeveloping Michigan Avenue corridor.*****THE LIQOUR AND CABARET LICENSES ARE ALSO AVAILABLE FOR PURCHASE IN ADDITION TO THE REAL ESTATE.*****Various purchase options available:$325,000 As Is$425,000 As Is with Liquor License$550,000 As Is with Liqour License and Cabaret License*The Cabaret License is tied to the address. The city of Detroit is no longer offering Cabaret Licenses.

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IDX provided courtesy of Realcomp II Ltd. via Alan Brown Group and Realcomp II Ltd.. © 2024 Realcomp II Ltd. Shareholders. Real estate listings held by brokerages other than Alan Brown Group are marked with the Realcomp-approved IDX logo and are provided through IDX through Realcomp II Ltd. IDX information is provided exclusively for the consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Data last updated: 2024-02-26T11:59:43.367.
www.alanbrowngroup.com/homes/146309228
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7059 Michigan Avenue Detroit, MI 48210

  • Price: $320,000
  • Status: Active
  • On Site: 55 Days
  • Updated: 18 min ago
  • ID#: 81023145986
0
Beds
0
Baths
0
½ Baths
0.36
Acres
3,052
SQFT
$105
$/SQFT
1926
Built
Neighborhood:
Larkins T
County:
Wayne
Area:
Det South Of Grand River
School District:
DETROIT
Property Description
Unique opportunity featuring 68' of road frontage on the heavily trafficked Michigan Avenue and minutes from the commercial hubs of Dearborn, Corktown and South West Detroit. Parcel is zoned B4 and provides a secured parking lot. The former Exclusive Yacht Club (Sunset Strip) offers approximately over 3,000 square feet and two floors of rehabilitatable space which includes bar equipment, sound system and updated commercial kitchen (new 2021). The sale includes 2 additional R2 vacant lots, 4467 & 4471 Parkinson- for either expanded parking or residential building. An excellent time to seize the opportunity and invest in the rapidly redeveloping Michigan Avenue corridor.*****THE LIQOUR AND CABARET LICENSES ARE ALSO AVAILABLE FOR PURCHASE IN ADDITION TO THE REAL ESTATE.*****Various purchase options available:$325,000 As Is$425,000 As Is with Liquor License$550,000 As Is with Liqour License and Cabaret License*The Cabaret License is tied to the address. The city of Detroit is no longer offering Cabaret Licenses.
Exterior Features

Construction Materials Block/Concrete/MasonryOther Foundation Details Basement Foundation Materials Brick/Mortar Lot Size Dimensions 68.00 x 62.00 Road Frontage Feet 200 Road Frontage Type Paved Waterfront YN No

Interior Features

Heating Cooling Forced Air Heating Fuel Natural Gas Room Count 0 Sq Ft Office 800

Property Features

Business Licenses Other Commercial Type Business And Real Estate Inventory Included YN Yes Land Contract YN No Listing Financing CashOther Ownership Status Private Owned Possession At Close Postal City Detroit Settlement City Sewer Public Sewer (Sewer-Sanitary)Sewer at StreetStorm Drain Short Sale No Tax Amount Summer 5491.0000 Title Corporate/Relocation Total Tax 5491.0000 Unparsed Address 7059 Michigan Avenue Water Source Public (Municipal)Water at Street Zoning Other

Realcomp IDX logo IDX provided courtesy of Realcomp II Ltd., via Hub, LLC: (734) 667-1481 and Greater Metropolitan AOR, ©2024 Realcomp II Ltd. Shareholders.


IDX provided courtesy of Realcomp II Ltd. via Alan Brown Group and Realcomp II Ltd.. © 2024 Realcomp II Ltd. Shareholders. Real estate listings held by brokerages other than Alan Brown Group are marked with the Realcomp-approved IDX logo and are provided through IDX through Realcomp II Ltd. IDX information is provided exclusively for the consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Data last updated: 2024-02-26T11:59:43.367.
 
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Alan Brown Group
70 West Long Lake Rd
Troy MI, 48098