Commercial Property 18833-A; 18833-B; 18837; 18841, & 18845 Vandyke at a Premium & Coveted location in Detroit Green Zone ($499,000.00)-"AS IS"

A 10,000+ Square Ft multi-unit property with a separate entrance

$499000.00

Out of stock

DISCLOSURES / GENERAL NOTICE:

(1-A) To all potential buyers/investors interested in this multi-unit commercial property, please be advised the entire property which still requires rehabilitation and the completion of some upgrades (including the light fixtures and several chandeliers purchased for potential use at the premises which may be thrown in as cherry-on-top to sweeten the deal for the purchaser of the entire premises). Note also that this entire property was sold about three years or so ago (under an executed LAND CONTRACT) for around $640,000.00 (plus). Purchaser, due to unexpected change in financial circumstances and despite our patience and best efforts, was nevertheless maddeningly inconsistent with the payment and related maintenance/repairs schedule, and ultimately unable to financially meet his payment and maintenance obligations. Consequently, the Land Contract was formally terminated. Predictably, the premises was still in the middle of (starting or still unfinished) significant rehabilitation and other major upgrades before the terminated land contractNew roof was installed over (the largest portion) approximately three quarters of the entire premises while the remaining sections require repair/replacement as well. Due to the unanticipated early termination of the Land Contract, the property has consequently been sitting idle for about a couple of years now. SO, WE'RE OFFERINGTHE ENTIRE PREMISES (18833-A; 18833-B; 18837; 18841; & 18845 VAN DYKE, DETROIT) AT A HUGE DISCOUNT- SELLING AS IS FOR: $499,000.00 (absent a better offer in the meantime)The HUGE Unit 18833-A was previously leased to a successful Tattoo parlor for about a decade. Unit 18833-B (a huge two door extremely long commercial garage unit) was also leased to an equally successful Auto maintenance/repair shop for years. Unit 18845 was used for many years by a religious group as a church, related activities and more. The upstairs private apartment/office unit 18837 sits directly above the GIGANTIC Unit 18841. With multiple entry/exit doorways, the unit is usable with comfort either as an office space or an ample three (2/3) bedroom apartment. Both units 18841 and Unit 18837 ALSO HAVE UNFETTERED ACCESS TO A VERY HUGE BASEMENT WHERE A NUMBER OF (potential hot-summer heat neutralizing basement bedrooms & storage) ROOMS HAVE BEEN PROVISIONALLY CREATED, including MORE ample space for things like Washer/Dryer and our previously planned extra (PREFAB-SELF-CONTAINED SHOWER/ BATHROOM -FROM LOWES). Notably, the roof above units 18837 and 18845 now need immediate attention.  

(1-B) ALTERNATIVELY, instead of going with option 1-A above, we're prepared to sell the above listed premises in Option 1-A, but WITHOUT THE STAND-ALONE UNIT 18845 VANDYDE) -AS IS- for the DISCOUNTED SUM OF $399,000.00 to any interested buyer/investor

(1-C) And we're prepared to sell the above listed premises AS IS (WITHOUT THE COMMERCIAL GARAGE- UNIT 1883-B) for the DISCOUNTED SUM OF $399,000.00 to any interested buyer/investor

(1-D) ADDITIONALLY, we're prepared to sell the above listed premises (WITHOUT THE STAND-ALONE UNIT 18845 VANDYDE AND THE UNIT 18833-B) -AS IS- for the DISCOUNTED SUM OF $299,000.00 to any interested buyer/investor.

(1 E) AND in the event of (1-c) above taking place, we're prepared to OFFER THE COMMERCIAL GARAGE AS A STAND-ALONE UNIT FOR SALE (AS IS) FOR THE SUM OF $130,000.00 

(2) For all potential buyers/investors interested only in unit 18845 Vandyke, the stand-alone unit (with TWO ENTRANCES, a separate bathroom & shower, and a furnace requiring some repairs/replacement in addition to the completion of some already started general rehab/upgrades), we're offering the unit FOR SALE AS IS at the EQUALLY DISCOUNTED MODEST SUM of $130,000.00.     

****Some of the proceeds from sales on this website will help to support AUSTIN WORDS-WORTHY'S charitable and other philanthropic initiatives - So, we thank you in advance for every purchase and your valued support!!! For more information about some of the successful and other uplifting initiatives by Austin Words-Worthy, check out https://www.mountainmaninspirations.com; @aka_mountainman (on Twitter/X, and on TikTok); pr.esident9847 (on Instagram); https://www.linkedin.com/in/austin-wordsworthy-mountainman    

THANKS!!!

RESPECTFULLY,

AOA / AUSTIN WORDS-WORTHY