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5680 W Vernor Highway

Detroit, MI 48209
  • $379,900
  • STATUS: Active
  • ON SITE: 78 Days
  • ID#: 20221043639
UPDATED: 45 min ago
$379,900
  • 0
    BEDS
  • 0.09
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 4,898
    SQFT
  • $78
    $/SQFT
Type:
Commercial
Built:
1905
County:
Zoning:
Commercial
Lot Size Dimensions:
30.00 X 124.00

School Ratings & Info

School District:

Description

GREAT INVESTMENT OPPORTUNITY. A BUSY CLOTHING RETAIL STORE LOCATED IN A BUSY AREA. REMODELED IN 2022, A HUGE 3,500 SHOW ROOM WITH A HUGE SELECTION OF CLOTHING. BASEMENT IS USED FO STORAGE. AN APARTMENT ON THE 2ND FLOOR BRINGS IN AN ADITIONAL $600 INCOME PER MONTH (COULD BE MORE). WILL BE VACANT BY END OF YEAR, NEW TENANT WILL BE PAYING $1,200. STORE IS ALSO AVAILABLE FOR LEASE FOR $3,500 PER MONTH. INVENTORY IS NEGOTIABLE.

Monthly Payment Calculator



IDX provided courtesy of Realcomp II Ltd. via RE/MAX Nexus and Realcomp II Ltd.. © 2022 Realcomp II Ltd. Shareholders. Real estate listings held by brokerages other than RE/MAX Nexus 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: 2022-12-08T07:57:08.637.
www.nexushomesearch.com/homes/133243807
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5680 W Vernor Highway Detroit, MI 48209

  • Price: $379,900
  • Status: Active
  • On Site: 78 Days
  • Updated: 45 min ago
  • ID#: 20221043639
0
Beds
0
Baths
0
½ Baths
0.09
Acres
4,898
SQFT
$78
$/SQFT
1905
Built
Neighborhood:
Walter Crane Farm (Plats)
County:
Wayne
Area:
Det South Of Grand River
School District:
DETROIT
Property Description
GREAT INVESTMENT OPPORTUNITY. A BUSY CLOTHING RETAIL STORE LOCATED IN A BUSY AREA. REMODELED IN 2022, A HUGE 3,500 SHOW ROOM WITH A HUGE SELECTION OF CLOTHING. BASEMENT IS USED FO STORAGE. AN APARTMENT ON THE 2ND FLOOR BRINGS IN AN ADITIONAL $600 INCOME PER MONTH (COULD BE MORE). WILL BE VACANT BY END OF YEAR, NEW TENANT WILL BE PAYING $1,200. STORE IS ALSO AVAILABLE FOR LEASE FOR $3,500 PER MONTH. INVENTORY IS NEGOTIABLE.
Exterior Features

Architecture Level 2 Story Construction Materials BrickVinyl Foundation Details Basement Foundation Materials Block Lot Size Dimensions 30.00 X 124.00 Road Frontage Feet 30 Road Frontage Type Paved Waterfront YN No

Interior Features

Building Area Source Public Records Heating Cooling Forced Air Heating Fuel Natural Gas Sq Ft Main 4898 Sq Ft Office 4000 Unit Three Bed Number Of 1

Property Features

Assessment 100.00 Commercial Type Business And Real Estate Existing Lease YN No Gross Scheduled Income 360000.00 Inventory Included YN No Land Contract YN No Listing Financing CashConventional Monthly Sales 30000 Net Operating Income 180000.00 Operating Expense 180000.00 Ownership Status Short Sale - NoPrivate Owned Possession At Close Postal City Detroit Protection Period 180 Settlement City Sewer Public Sewer (Sewer-Sanitary)Sewer At Street Short Sale No Tax Amount Summer 1619.0000 Tax Amount Winter 185.0000 Title Standard (Private) Total Tax 1804.0000 Unparsed Address 5680 W Vernor Highway Water Source Public (Municipal)Water At Street Year Remodeled 2022 Zoning Commercial

Realcomp IDX logo IDX provided courtesy of Realcomp II Ltd., via Re/Max Team 2000: (313) 561-0900 and Realcomp, ©2022 Realcomp II Ltd. Shareholders.


IDX provided courtesy of Realcomp II Ltd. via RE/MAX Nexus and Realcomp II Ltd.. © 2022 Realcomp II Ltd. Shareholders. Real estate listings held by brokerages other than RE/MAX Nexus 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: 2022-12-08T07:57:08.637.
 
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