Address
7111 E 7 Mile East Road Detroit, MI
Price
$ 180,000
Property Attributes
  • ML#2200043531
  • TypeCommercial
  • CountyWAYNE
  • CityDetroit
  • AreaDet 6-8 Dequindre To Conner
  • NeighborhoodNORTH DETROIT
  • Zip48234
  • StyleBarbershop/Salon
  • Year Built1956
  • Taxes1388
  • Price$ 180,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage1600
  • Lot Size2,614 SqFt
Listing Provided Courtesy Of:
Hester Financial Group
Property Description

Fully functioning barbershop & salon ready for new owner! This is a great opportunity to continue this thriving business and the potential to develop the block. This sale included the barbershop plus 5 consecutive lots! The barbershop has a great layout which included an office, a lobby, waiting room, shampoo bowel, kitchen, (mechanical room with forced air furnace and circuit breakers) and bathroom. There are 5 plus barber station and excellent parking with outside lighting.

Price History
6/13/2020 Listed $180,000

General Features

Business Type Service
Commercial Type Business And Real Estate
Construction Materials Block/Concrete/Masonry
Cumulative Days on Market 219
Current Use Barbershop/Salon
Gross Scheduled Income 72000.00
Heating Forced Air
Listing Agent Public Id 196645
Net Operating Income 57600.00
Operating Expense 14400.00
Originating MLS Realcomp II Ltd
Ownership Status Private Owned, Short Sale - No
Parcel Number W15I004985S
Possession Negotiable
Property Type Commercial
School District Detroit
Sewer Sewer at Street, Sewer-Sanitary
Short Sale No
Status Active
Subdivision Name NORTH DETROIT (PLATS)
Terms Offered Cash, Conventional
Total Sq Ft 1600
Transaction Type Sale
Year Built 1956
Zoning Commercial

Interior Features

Heating Fuel Natural Gas

Exterior Features

Architecture Level 1 Story
Foundation Slab
Foundation Materials Block
Frontage Feet 20
Lot Size Area 0.06
Lot Size Dimensions 20x121
Water Source Municipal Water

Amenities

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


IDX provided courtesy of Realcomp II Ltd., via Rise Real Estate & Co and The Originating MLS(found above), © 2021 Realcomp II Ltd. Shareholders. Shareholders. The information being provided is 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.

Data is updated as of January 19, 2021 5:00 PM UTC Information deemed reliable but not guaranteed. The data relating to real estate on this web site comes in part from the Internet Data Exchange (IDX) Program of Realcomp Ltd

Property vs Zip Code Average in 48234

Price
AVG $340K
$180K
Taxes
AVG $4,771
$1,388
Visits
AVG 10
51
Year Built
AVG 1955
1956
Walkscore
AVG 58
67
Data Provided by Walkscore ® not using MLS data

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