Address
1236 Michigan Avenue Detroit, MI
Price
$ 1,575,000
Property Attributes
  • ML#2200048541
  • TypePending
  • CountyWAYNE
  • CityDetroit
  • AreaDet South Of Grand River
  • Zip48226
  • StyleDetroit Institute of Bagels
  • Year Built1900
  • Taxes1855
  • Price$ 1,575,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage3600
Listing Provided Courtesy Of:
O'Connor Realty
Property Description

We our pleased to offer the sale of this Corktown retail and land portfolio. This outstanding location sits at the entrance of Corktown along Michigan Avenue. The portfolio consists of the Detroit Institue of Bagels building which is 3,400 SF along Michigan Avenue and .446 total acres of land. Corktown portfolio includes 1236 Michigan Avenue, 1231, 1235, and 1249 Beech Street. The retail building is 3,400 SF with approved plans to add an additional 2,400 SF. The land totals .446 acres. This opportunity lends itself well to an owner operator or developer looking to expand on the property's potential. Detroit Institute of Bagels business and equipment is excluded from the sale. Portfolio Features: Opportunity Zone, Approved plans for 2,400 SF Addition, Located at the entrance to Corktown on Michigan Avenue, Approximately 21 on Site Parking Spaces

Price History
6/26/2020 Listed $1,575,000

General Features

Commercial Type Commercial
Construction Materials Brick
Cumulative Days on Market 146
Current Use Detroit Institute of Bagels
Gross Scheduled Income 0.00
Heating Forced Air
Listing Agent Public Id 387170
Net Operating Income 0.00
Operating Expense 0.00
Originating MLS Realcomp II Ltd
Ownership Status Private Owned, Short Sale - No
Parcel Number W23I031200S18N
Possession Negotiable
Property Type Commercial
School District Detroit
Sewer Sewer-Sanitary
Short Sale No
Status Pending
Terms Offered Cash, Conventional
Total Sq Ft 3600
Transaction Type Sale
Year Built 1900
Zoning Commercial

Interior Features

Heating Fuel Natural Gas

Exterior Features

Architecture Level 1 Story
Foundation Basement
Foundation Materials Brick
Frontage Feet 100
Lot Size Area 0.00
Lot Size Dimensions 100x30x100x30
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 24, 2021 6:35 AM 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 48226

Price
AVG $710K
$1.58M
Taxes
AVG $10,551
$1,855
Visits
AVG 32
49
Year Built
AVG 1962
1900
Walkscore
AVG 80
78
Data Provided by Walkscore ® not using MLS data

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