10474 W Jefferson Avenue River Rouge, MI ^$ 250,000

10474 W Jefferson Avenue

^$ 250,000

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10474 W Jefferson Avenue

River Rouge, MI, 48218

^$ 250,000

Studio Baths0.0 Sq 8,766

Monthly Estimate*

^$ 1,662

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Studio

Commercial Property for sale in River Rouge, MI

for $250,000. This 8,766 square foot building was built in 1923 on a lot size of 0.05.

An exceptional 8,766 square foot commercial property, not including the basement, is now available, offering an array of possibilities. Originally a bank that was later transformed into a doctor's office, this unique building stands ready for your entrepreneurial vision. Property Highlights: Spacious Layout: With the first floor featuring an impressive 23 rooms (excluding the reception area) and an additional 11 rooms upstairs, you have a total of 34 rooms at your disposal. This abundance of space allows for various configurations and uses. Abundant Restrooms: Eight restrooms on-site provide convenience and comfort for both staff and clients. Historic Character: The building's past as a bank is still evident with vaults that add a distinctive and captivating touch to its character.

Commercial Active

Price

^$ 250,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 1,325

Style

Commercial/Industrial

Lot Size

0.05

Year Built

1923

Town/City

River Rouge

County/Region

Wayne

MLS | Web ID

70387694

Features

General

Heating Forced Air

Water Public Water Public Water at Street

Status Active Active

Year Built 1923

County Wayne

Class COM/IND/BUS OPP

Type Commercial/Industrial

Municipality River Rouge

Subdivision MI

Area River Rouge (82144)

Primary City River Rouge

Directions North of Schaefer East of W Jefferson

City River Rouge

Street Name Jefferson

Financial Terms Cash Conventional

Legal Description 114H3B 4 5 NLY 17 FT OF LOT 3 ALSO LOTS 4 AND 5 FURGASONS 3RD ADDN PC 114 L24 P90 WCR

DOM 126

Postal Code 48218

Price Per Sq Ft Total 28.52

Coming Soon An exceptional 8 766 square foot commercial property not including the basement is now available

Exterior

Exterior Block Concrete

Frontage 5

Lot Size Area 0.05

Lot Dimensions 23.60 x 100.30

Waterfront Y/N No

Interior

Fuel Type Natural Gas

* Excluded Features

List By

Ibrahim Sharif

Listing Agent

Waison Realty Llc

Broker

abe@waisonsrealty.com

Affordability Calculator

$1,772

Per Month

Monthly Principal & Interest: $1,662
Monthly Property Taxes: $110
Monthly Home Insurance: --

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Interest Rate

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in River Rouge, MI

Average List Price ^$193,198

Percent of Sale Price 23%

About River Rouge, MI

7,258 Population

-27% Since 2002

^$27,700 Median Income

34.64 Median Age

33% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

760529 Elementary School

760235 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
5/8/2024	$250,000	-9.09%	Price Down
5/1/2024	$275,000		Listed Price

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10474 W Jefferson Avenue, River Rouge, MI, 48218 is a Commercial Property for sale at $250,000 with 8,766 sqft and a lot size of 0.05. 10474 W Jefferson Avenue is a studio with 0.0 baths and was built in 1923. The property's zip code is 48218 which is in River Rouge, MI

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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10474 W Jefferson Avenue

Commercial Property for sale in River Rouge, MI

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