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Price: $150,000 5638 Michigan Ave, Detroit MI 48210 MLS® #: 219031249

  • 4,000 SqFt
  • $37.50 / SqFt
  • Year Built: 1930

Description of 5638 Michigan Ave, Detroit

Just blocks away from Corktown, minutes from Downtown Detroit, this unique location on Michigan Avenue in Mexicantown/Southwest Detroit is hot and is ready for a savvy investor and/or business owner who has a great idea for this huge space. This 2 story could be multiple different businesses, all residential, or both. Located on busy Michigan avenue near Junction Avenue with full public transportation on whether the Fast Bus or D DOT. This location is near La Noria and El Barzon, two great restaurants a block away from this location. In the photos, the first photo is a rendering done on what this property can look like. Purchaser to pay $495 processing fee to listing broker at closing. Buyer will receive a clean title, warranty deed, and title insurance!

About this Property

This $150,000 property has approximately 4,000 square feet and was built in 1930. This home is located in the Detroit school district. Properties located in the Detroit district have an average price per square foot of $92/SqFt. Houses with similar square footage range in price from $150,000 to $599,000 and have an average price per square foot of $73/SqFt. Depending on where you live in Detroit your children and/or teenagers may go to the Detroit school district, Lincoln Consolidated school district, or Hamtramck school district.

Your Buyer Specialist, MARK Z

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Stats for Zipcode 48210 for last 4 Months

Average Listing Price Average $/sqft Average $/sqft Sold Average Listing/Sale ratio Number of Sold Homes
$120,394.76 $52.84 $26.56 263.82% 19

Essential Information

Lot Information

Additional Information

  • ZoningCommercial, Multiple
  • ZoningCommercial, Multiple

Sub-Type

Apartments, Business&real Estate, Business Opportunity, Commercial

Interior

  • HeatingForced Air
  • FoundationBasement

Square Footage

  • Above Ground Finished4,000
  • Total Finished4000

Community Information

Exterior

  • ExteriorBrick

School Information

Listing Details

IDX provided courtesy of Realcomp II Ltd., via eXp Realty and REALCOMP, ©2019 Realcomp II Ltd. Shareholders. IDX information is provided exclusively for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.

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