24341 W 7 MILE Road $499,900

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    24341 W 7 MILE Road Detroit, MI 48219

    • 4,140 sq.ft.
    • Commercial
    MLS# 218090296 | Active

    $499,900

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    Days On Market: 274 19 Views
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    Property Details

    THE BELLAGIO FAMOUS LIQUOR SHOPPE FOR SALE. TO PURCHASE THE BUSINESS ONLY WITHOUT THE BUILDING IS $249,900 PLUS INVENTORIES. $130,000 DOWN + INVENTORY IN CASH AT CLOSING & LEASE FOR FIVE YEAR AT $2,500 MONTH. TO BUY THE BUILDING ITS $249,900 W/$130,000 DOWN IN CASH AT CLOSING. OVER 4000 SQFT W/HECK OF A TRAFFIC & TONS OF CUSTOMERS-FROM THE MOMENT THIS STORE IS OPEN UNTIL CLOSING TIME, ALWAYS BUSY. THE POTENTIAL IS UNLIMITED AS: SHOULD ADD-HOT FOOD DEPT TO THIS CONVENIENT SHOP. GROSSING NOW: $20,000/WEEK SOLID. LOTTO GROSS: $9000 PER WEEK AVE. OR MORE. PURCHASE BUSINESS W/OPTION TO PURCHASE THE BUILDING LATER: SHORT HOURS. THIS BUSY SHOP IN HEART OF THE HOTTEST AREA IN DETROIT (SOLID & ALWAYS BUSY). TELEGRAPH & 7 MILE RD. (ONE BLOCK AWAY FROM ALL THE ACTION. MAKE MONEY FROM DAY ONE.

    • General Features
      • County Or Parish Wayne
      • Settlement City
      • Commercial Type Business And Real Estate, Business Opportunity
      • Business Type Retail, Service, Wholesale
      • Business Licenses Lottery, Lotto Terminal
      • Current Use LIQUOR SHOPPE/GROCERIES/LOTTO
      • Lot Size Area 0
      • Zoning Commercial
      • Ownership Status Private Owned, Short Sale - No
      • Originating MLS Realcomp II Ltd
      • Year Built 1980
      • Year Remodeled 2016
      • Sqft Total 4,140
      • Operating Expense $65,000
      • Net Operating Expense $175,000
      • Gross Scheduled Income $1,040,000
      • Tax Amount - Summer 1080.0000
      • Tax Amount - Winter 1040.0000
    • Building Features
      • Foundation Details Slab
      • Construction Materials Block/Concrete/Masonry, Brick, Other
      • Sqft Office 4,140
      • Office Heating Central Air, Forced Air
    • Property Features
      • Commercial Utilities 220V Available
      • Road Frontage Type Paved, Pub. Sidewalk
      • Frontage Feet 123
      • Lot Size Dimensions 123X73
      • Water Source Municipal Water
      • Sewer Sewer-Sanitary
    • Schools
      • School District Detroit

    Contact

    Joyce Boor

    Sales Associate

    RE/MAX First

    Mobile Phone: 248-259-4945

    Neighborhood

    48219 (Detroit) Demographics

    37Median Age
    5,867Population Density (per sq. mile)
    24%College Educated
    $31,917 Estimated Median Income
    10,287Estimated Total Home Owners
    8,441Estimated Total Renters
    55% / 45%Estimated Owner / Renter Divide
    2Estimated Average Household Size
    49,326Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days

    $74,000 Median Sales Price
    2 Homes Sold
    65 New On Market

    Average Days on Market

      Properties for Sale

        Property History

        Date Event Price Percent Change
        -- Current Price Source New Value: $499,900
        2/22/2019 12:41:41 PM Price Increased Source New Value: $499,900 11.11%
        9/14/2018 8:43:00 PM New in Database Source New Value: $449,900

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        Listing information is provided through IDX through RealComp II Ltd. All information is deemed reliable but is not guaranteed. IDX information is provided exclusively 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. Copyright 2019 Realcomp II Ltd. Shareholders.