7741 Grand River Avenue

Detroit, MI
$ 249,900 Beds 0 Baths 0 Sq 4,902 Virtual Tour
Monthly Estimate* How much can I afford?

"THE POSSIBILITIES ARE "ENDLESS"~ LITTLE MARY'S LOUNGE 50 + YEARS OF SERVICE~ EXCELLENT, OUTSTANDING, COMMERCIAL/BUSINESS/DEVELOPMENT OPPORTUNITY !!! CLASS C LIQUOR LICENSE ~CABARET, AND BEER AND WINE LICENSES, SPACIOUS DANCE FLOOR, PARKING LOT, 2-2 BEDROOM APARTMENTS UPSTAIRS,BOTH COULD RENT WITH PROPER RENOVATION (2 LOFTS) AT $1,000.00+ PER MONTH AS LOCATION IS NOT FAR FROM THE NEWLY DEVELOPED "NEW CENTER AREA". "OPEN MIC" VENUE HAS BAND PLAYS MUSIC AND BIRTHDAY PARTIES, ETC. ARE HELD THERE. THERE ARE ADDITIONAL "3" VACANT LOTS THAT CAN BE PURCHASED. "2" FORCED AIR NATURAL GAS FURNACES FOR MAIN FLOOR HEATING / "1" NATURAL GAS BOILER FOR 2 UPPER APARTMENTS. NOTE: OWNER WILL LOOK AT A SHORT TERM LAND CONTRACT. MAKE YOUR OFFER TODAY PLEASE NOTE "DO NOT APPROACH WAITSTAFF FOR INFORMATION OR APPOINTMENTS."

Commercial

  • Price
  • $ 249,900
  • Lot Size
  • 4,356 SqFt
  • Bedrooms
  • 0
  • Sqr Footage
  • 4,902
  • Full Bathrooms
  • 0
  • Year Built
  • 1914
  • Half Bathrooms
  • 0
  • City, Zip
  • Detroit
  • Taxes
  • $ 1106
  • County
  • WAYNE
  • Style
  • OPEN LOUNGE
  • Area
  • Det South Of Grand River
  • MLS#
  • 2200029782
  • Zip
  • 48204
Listing Provided by:
Data Source:

Features

General

Business Type Residential, Service
Commercial Type Business And Real Estate
Construction Materials Brick
Cumulative Days on Market 702
Current Use OPEN LOUNGE
Deposit Amount 75000.00
Gross Scheduled Income 0.00
Heating Central Air, Forced Air, Steam
Land Contract Yes
Listing Agent Public Id 249761
Net Operating Income 0.00
Operating Expense 0.00
Ownership Status Private Owned, Short Sale - No
Parcel Number W14I001558S
Possession At Close
Property Type Commercial
School District Detroit
Sewer Sewer-Sanitary
Short Sale No
Status Active
Subdivision Name HOLDEN & MURRAYS NORTHWESTERN (PLATS)
Terms Offered Cash, Land Contract
Total Sq Ft 4902
Transaction Type Sale
Year Built 1914
Zoning Commercial

Interior Features

Heating Fuel Natural Gas
Total Units 2

Exterior Features

Architecture Level 2 Story
Foundation Basement
Foundation Materials Brick
Frontage Feet 44
Lot Size Area 0.10
Lot Size Dimensions 44x100
Roof Material Asphalt, Rubber
Water Source Municipal Water

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$2,869

Per Month

Based on the average sale price from the Burton, MI office

  • Monthly Principal & interest $1,740
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 3.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Schools

Elementary School Unknown Elementary School
Middle School Unknown Middle School
High School Unknown High School

Price History

5/6/2020 Listed $249,900

Property vs Zip Code Average in 48204

Price
AVG $380K
$250K
Taxes
AVG $11,840
$1,106
Visits
AVG 63
171
Year Built
AVG 1953
1914
Walkscore
AVG 44
42
Data Provided by Walkscore ® not using MLS data

Map

Areas That We Cover

7741 Grand River Avenue Detroit, MI is a Single Family Home for sale at $249900 with 4902 sqft and a lot size of 4,356 SqFt Acre(s). 7741 Grand River Avenue Detroit has 0 bedrooms, 0 baths and was built in 1914. The property's zip code is 48204 which is in Detroit, MI

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 3.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for 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.