1750 7 Mile RdHighland Park, MI 48203

  • Commercial real estate
  • 2,683 SF
For Sale
$65,000 View listing

Property Details for 1750 7 Mile Rd

Year built
1966
Lot size
0.25 AC
Property size (Sq ft)
2,683 SF
Zone code
B4
Property type
Commercial real estate
APN
09007483-7
APU
90074837

Description

This 2,500 square foot car wash, located at 1750 E 7 Mile in Detroit, Michigan (zip code 48203), is offered at an asking price of $65,000. The property sits on a 0.25-acre lot and is zoned for commercial use. Currently non-operational, this five-bay coin-operated car wash presents a unique opportunity for an investor or entrepreneur. The sale is an "as is" transaction, reflecting its distressed condition. The property's location in a high-traffic area suggests significant income potential upon renovation and reactivation. The building's square footage is 2,500, offering ample space for a full-service car wash operation. This is a chance to acquire a property in Wayne County, Michigan, with the potential for substantial returns after necessary improvements. The property is classified as special purpose and is in need of significant rehabilitation. Serious inquiries only.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $638,724
    Hospitality
    $585,068
    Educational
    $486,769
    Medical
    $503,510
    Retail
    $757,197
1750 7 Mile Rd, Highland Park, Michigan

Location Insight

City
Highland Park
County
Wayne
State
Michigan
Latitude
42.4326
Longitude
-83.085
CBSA code
19820
CBSA name
DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2020
$2,761
-
-
$22,500
-
-
-
$45,000

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