Commercial Real Estate for Sale in Detroit, MI
Information deemed reliable but is not guaranteed. Information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than Detroit Development Opportunities to identify prospective properties consumers may be interested in purchasing. IDX provided courtesy of Realcomp II Ltd. via Coldwell Banker Realty, © 2023 Realcomp II Ltd.
You structure the deal using seller financing. Coldwell Banker Realty and Guaranteed Rate Affinity, LLC share common ownership and because of this relationship the brokerage may receive a financial or other benefit. You are not required to use Guaranteed Rate Affinity, LLC as a condition of purchase or sale of any real estate. Operating in the state of New York as GR Affinity, LLC in lieu of the legal name Guaranteed Rate Affinity, LLC.
The most recent median value of resident-owned homes in Detroit is 50,327. An estimated 47.2 percent of households in Detroit own their homes, with an average family size of 3.52. The median household income in Detroit is 30,894, with8.8 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Detroit, the median commute time of resident workers is 25.9. And last, but certainly not least, are you looking for homes to rent in Detroit? If so, the average rent price paid by renters in Detroit is 824, according to recent statistics.
Fast forward to 2015, in an effort to make sure each using property was being assessed properly, aerial mapping and research was undertaken to identify the universe of subject properties within the SWDS. It was determined that there was a marked disparity between the total number of properties using the system and the actual number of properties being assessed to pay for the system. What does this mean for those paying and those not paying? The answer to this question is currently being debated by City of Detroit officials. In 2007 the first construction began on the Detroit River Walk with miles of parks and fountains.
There are 8 commercial real estate buildings available for sale or purchase in Detroit, MI below. To switch your search use the links above. Before applying to purchase property, please be sure that you or the organization you represent have no outstanding personal or corporate income taxes, property taxes , or blight violations . These additional documents can be digitally uploaded when filling out the Property Application Form. You are searching properties for sale in Detroit, MI. There are thousands of listings including homes, condos, townhomes, foreclosures, and new homes/new construction. View information about public schools and private schools serving in Detroit, MI, plus reference community statistics and demographics.
Save thousands on incredible foreclosure deals in Detroit, MI. Save up to 62% with deals in Detroit, MI. Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Detroit can now afford much more house for the same monthly payment . Motivated and opportunistic sellers in Detroit, meanwhile, can field multiple offers from more qualified buyers. The median age of residents in Detroit is 34.7, split between 47.4 percent male versus 52.6 female.
When applying to purchase property, please bid a competitive rate. Extremely low offers that are below market value will generally not be accepted. Credits are sometimes provided for adjacent property owners, property sales that will encourage job growth or provide affordable housing, and for local non-profit organizations.
A new affordable option from Home Partners of America. They buy the home, you lease it for 1-5 years with a right to purchase. This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate. Chicago's industrial construction market stands out as one of the strongest in the U.S., but experts say demand patterns are shifting.
Real Estate Brokerage Services are offered through the network member franchisees of BHH Affiliates, LLC. Most franchisees are independently owned and operated. Berkshire Hathaway HomeServices and the Berkshire Hathaway HomeServices symbol are registered marks of Columbia Insurance Company, a Berkshire Hathaway affiliate. For information about the City of Detroit's Web site, email the Web Editor. All material is the property of the City of Detroit and may only be used with permission. Check out the financing resources page here, in order to learn more about available tax incentives and public subsidies.
Recently updated electrical, updated HVAC, and updated. 14' Ft ceiling heights, an open layout, and back alley where a roll up door could be added. Potential to redevelop the space for commercial, retail, office use, or ideal for a contractor.
Farbman Group maintains an extraordinary portfolio of properties with more than 27 million square feet of commercial space under management. Use our convenient commercial property search tool to explore the many different high-quality spaces we have for sale or lease. Commercial Property for sale in Detroit, MI for $165,000.
Landmark Commercial offers superior property marketing services. We utilize the most up to date technology and apply our unsurpassed work ethic to lease or sell your retail property at its highest value in the quickest possible time frame. Mark W. Szerlag CCIM, Senior Partner Mark excels in the sale of both user and investment properties as well as land.