7330 Michigan Ave

Retail-Commercial for Sale
Catylist Listing ID: 29897076
Property Subtypes: Mixed Use, Restaurant, Retail-Pad, Street Retail, Tavern/Bar/Nightclub
Building Size (RSF): 5,500 SF
Gross Building Area: See Agent
Gross Land Area: 0.09 Acres
Sale Price: $325,000
Unit Price: $59.09 PSF
Property Use Type: Investment, Vacant/Owner-User
Building Name: R&R Saloon
Sale Terms: Cash to Seller, Owner Financing
Cap Rate: Undisclosed
Last Updated: 7/28/2020

Overview / Comments

Mixed use building available for sale or lease. Main floor is the former R&R Saloon, upstairs has 2 separate two bedroom apartments. Convenient freeway access to I94, I96 and I75. Building ahs basement space (not included in sqft) Motivated/Creative Landlord/Owner willing to work with qualified buyers/tenants

Attachments & Media

Additional Details

Nearest MSA: Detroit-Warren-Dearborn
County: Wayne
Submarket/Township: Detroit W of Woodward
Tax ID/APN: 18002395
Property Visibility: Excellent
Year Built: 1924
Parking Type: Surface
Heat Type: Natural Gas
Heat Source: Central
Air Conditioning: Package Unit
Lot Frontage: 40
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 25,407 177,858 407,208
Median Age: 26.78 31.02 33.59
Households: 7,352 59,790 149,710


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