Sold
5041 E NEVADA Street, Detroit, MI 48234
Sold on 01/09/2025 for$160,000
MLS # 20240056543 (Realcomp)
Built 19520.05 acres
1 / 29
Listing Description
Located directly across from the Detroit Police Department's 11th precinct, this fully furnished property is ready for you to start your venture immediately. With a spacious seating capacity of 45 people, it features a unique steam table with a built-in refrigerator, making it ideal for both culinary and event operations. The property boasts a host of recent upgrades, including a new roof installed in 2013, and a comprehensive overhaul of the heating, plumbing, electrical, and sewer systems in 2011. The new fire suppression system and health department approval ensure a safe and compliant environment. All equipment is included in the sale, making this a turnkey opportunity. Additionally, the space offers flexibility and can be easily converted into a ghost kitchen or event venue. Don't miss out on this prime location with excellent features and endless possibilities!
Source: SparkMLS
About this home
Final sale price: $160,000.
Annual property taxes run approximately $2,761 ($230/month). Estimate is based on county assessor records and current millage rates; actual tax may vary with PRE status and recent assessment changes.
Electric service is provided by DTE Electric Company; natural gas by DTE Gas Company. Fiber internet is available at this address with download speeds up to 1,200 Mbps across 9 providers.
Listing Property Details
Property TypeCommercial Sale
Bathrooms0
Lot Size0.05 acres
Year Built1952
Location
CityDetroit
Zip Code48234
CountyWayne
School DistrictDetroit
Construction & Systems
ConstructionBrick
HeatingForced Air
WaterPublic
Sale & Financing
Listed8/8/2024
Sold Date1/8/2025
Source: SparkMLS
Tax Information
Annual Tax$1,266
Tax Year2025
State Equalized Value$33,600
Assessed Value$33,600
Parcel #13007944.
Source: Public Records
Property Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Not Eligible
Verify eligibility at USDAListed by Darius Robinson
EXP Realty Main
Frequently Asked Questions about 5041 E NEVADA Street, Detroit, MI 48234
Which school district serves 5041 E NEVADA Street, Detroit, MI 48234?
Per MLS# 20240056543, 5041 E NEVADA Street, Detroit, MI 48234 is in the Detroit boundaries. School district assignments are determined by property location and may differ from the mailing city. Contact Detroit directly to confirm enrollment eligibility.
What are the property taxes at 5041 E NEVADA Street, Detroit, MI 48234?
Per public tax records, annual property taxes for this property are $1,030. Michigan property taxes are based on a property's taxable value multiplied by the local millage rate. Primary residences qualify for a homestead exemption that lowers the rate.
Can I use a USDA Rural Development loan for this property?
Per USDA Rural Development boundary data, 5041 E NEVADA Street, Detroit, MI 48234 is not in an eligible area. USDA eligibility is based on property location — properties within designated urban zones are excluded. Other low-down-payment options (FHA, VA) may still be available.
Is 5041 E NEVADA Street, Detroit, MI 48234 in a flood zone?
Per FEMA flood maps, this property is designated as Zone X, a minimal-risk flood area. Flood insurance is not typically required in this zone but may still be advisable. FEMA flood maps are updated periodically — verify the current designation at msc.fema.gov.
What internet service is available at this address?
Per FCC Broadband Data Collection filings, fiber internet is available at 5041 E NEVADA Street, Detroit, MI 48234. The maximum advertised download speed is 1.2 Gbps. 9 internet providers serve this address. Confirm availability and speeds directly with providers.
What utilities serve 5041 E NEVADA Street, Detroit, MI 48234?
Per Michigan Public Service Commission service territory data: Electric: DTE Electric Company. Gas: DTE Gas Company. Water: Public. Confirm service details directly with providers.
What is the crime rate in this area?
For crime and public safety data, we recommend inquiring directly with the source. Wayne County is served by CLEMIS (Courts and Law Enforcement Management Information System), which provides public safety data for Southeast Michigan law enforcement agencies.
Map
Tax Estimate
$
Annual tax$2,761
Monthly$230
Millage rate82.1844 mills
Municipality: Detroit
School district: DETROIT CITY SCHOOL DISTRICT
County: Wayne
Estimate based on SEV for a new buyer (taxable value resets to SEV on transfer). Actual taxes may vary. MI Treasury PT Estimator
Mortgage Calculator
$
%
$
$
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Monthly payment$1,320
Principal & interest$1,090
Property taxes$230
Estimate only. Does not include PMI or other fees. Consult a lender for exact rates.
Internet
FiberDownload
1.2 Gbps
Upload
1 Gbps
CableFiberLicensed Fixed WirelessGSO SatelliteSatelliteDSL
9 providers at this address
FCC Broadband Data Collection (Dec 2025). Max advertised speeds.
Utilities
DTE Electric Company
Investor-Owned
DTE Gas Company
Investor-Owned
MI Public Service Commission service territory boundaries.
Property
5041 E NEVADA Street, Detroit, MI 48234
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Neighborhood
Pershing
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Community
Detroit
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County
Wayne County
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