MLS # 20261052200 (Realcomp)

Excellent opportunity to purchase both the building and business located at 6171 Michigan Ave., Detroit, MI. Formerly operated as a restaurant, this fully built-out, turnkey property is ready for immediate operation. The sale includes the business, real estate, and all inventory, furniture, fixtures, and equipment including the commercial kitchen equipment. High-visibility location with excellent frontage and outstanding potential for continued restaurant use or other commercial uses, subject. A rare opportunity for an owner-user or investor to acquire a well-established commercial property with significant upside potential and growth In a rapidly growing city.
Source: SparkMLS
Asking $624,995.
Property tax estimate: $5,194 per year ($433/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.
Location
Construction & Systems
Sale & Financing
Source: SparkMLS
Source: Public Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Eligible — 0% Down Payment Available
Verify eligibility at USDAListed by Alexander Kallo
ICON Realty Experts, LLC
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
Estimate only. Does not include PMI or other fees. Consult a lender for exact rates.
DTE Electric Company
Investor-Owned
DTE Gas Company
Investor-Owned
MI Public Service Commission service territory boundaries.
Property
6171 Michigan Avenue, Detroit, MI 48210
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Neighborhood
Condon
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Community
Detroit
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County
Wayne County
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