MI > Wayne > Detroit > 8818 Traverse St
  • MLS# 2200071121
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Redevelopment opportunity with multiple use possibilities. May be ideal for storage, loft, light industrial or mixed use space. Currently Zoned R1. Purchasers responsibility to research zoning and use approval. Extensive work required. Commercial building located in densely populated residential neighborhood. All offers must be supported by Proof of Funds for both the Purchase Price, as well as the construction costs. The sale of said property is open to homeowners, investors and developers. Seller Addendum's to be provided upon acceptance of qualifying offer. This sale is contingent upon Buyer & Seller execution of a Development Agreement. Buyer to verify all measurements. See attached for proposal guidelines. All offers must included the following: 1. Proof of Funds for the Purchase Price 2. Full Rehab Proposal 3. Proof of Funds for the Rehab Costs 4. Answer the attached Proposal Questions. Additional experience & info welcomed. Best & Final Proposals due on October 23, 2020 by 3pm.

Property Information

Status
Active 
Address
8818 Traverse St 
City
Detroit 
Zip
48213 
Year Built
1949 
Subdivision
Fairmount Park (plats) 
Business Type
Manufacturing, Service, Wholesale 
Listing Date
09/01/2020 
Architecture
1 Story 
County
Wayne 
Above Grade SqFt
7,600 
Possession
At Close 
Price/SqFt
2.62 

School Information

School District
Detroit 

Features

Current Use
Vacant 
Comm. Office Space
100 
Zoning
Commercial 
Water
Water at Street 
Sub Property Type
Commercial 

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Market Statistics
Property History
MLS Number New Status Previous Status Activity Date New List Price Previous List Price Sold Price DOM
2200071121 Active Sep 8 2020 7:06AM $19,900 221
School Information
Local Business

Learn More About This Listing

Contact Customer Care

Mon-Fri 9am-9pm Sat/Sun 9am-7pm

248-304-6700

Contact Customer Care

Mon-Fri 9am-9pm Sat/Sun 9am-7pm

248-208-3883

Listing Broker

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Listing Courtesy of Premier Property Services Llc
Office Address 19822 Mack Avenue

Real Estate One Family of Companies

8818 Traverse St Detroit
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$19,900
For Sale • Acres: 0.32 • Zoning: Commercial