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5900 COMMONWEALTH Street $3,500,000

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5900 COMMONWEALTH Street Detroit, MI 48208

  • 120,000 sq.ft.
  • 5.00 Acres
  • Commercial
MLS# 218119139 | Pending
Days On Market: 301 158 Views
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Property Details

5900 & 5838 Commonwealth is an entire city block totaling over 5 acres of land with an existing 120k square feet of buildings in the Opportunity Zone. There is a lot of development happening in the area right now. The new Henry Ford Cancer center, The Motown Museum Expansion, the Fisher Kahn, New Pistons Practice Facility, and much more. This is right down the Street from Wayne State University, Woodbridge, Midtown, New Center, Corktown. Lots of possibilities here. Great for manufacturing or a mixed use development. Property sold AS IS, BATVAI.

  • General Features
    • County Or Parish Wayne
    • Settlement City
    • Subdivision SEE LONG LEGAL (WARD 23 ITEM INVOLVED)
    • Commercial Type Commercial, Industrial
    • Current Use Heavy Equipment
    • Lot Size Area 5
    • Ownership Status Private Owned, Short Sale - No
    • Originating MLS Realcomp II Ltd
    • Year Built 1969
    • Sqft Total 120,000
    • Number Of Units Total 0
    • Operating Expense $0
    • Net Operating Expense $0
    • Gross Scheduled Income $0
    • Tax Amount - Summer 19494.0000
    • Tax Amount - Winter 11370.0000
  • Building Features
    • Foundation Details Slab
    • Construction Materials Brick, Other
    • Sqft Office 5,000
  • Property Features
    • Road Frontage Type Paved
    • Frontage Feet 900
    • Lot Size Dimensions 0x0x0x0
    • Water Source Water at Street
    • Sewer Sewer at Street
  • Schools
    • School District Detroit

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Neighborhood

48208 (Detroit) Demographics

36Median Age
2,903Population Density (per sq. mile)
27%College Educated
$18,560 Estimated Median Income
1,390Estimated Total Home Owners
2,615Estimated Total Renters
35% / 65%Estimated Owner / Renter Divide
2Estimated Average Household Size
9,180Total Population
Community data courtesy of LiveBy, Inc.

Market Last 30 Days

$0 Median Sales Price
0 Homes Sold
6 New On Market

Average Days on Market

    Properties for Sale

      Property History

      Date Event Price Percent Change
      -- Current Price Source New Value: $3,500,000
      5/20/2019 9:41:49 AM Status Changed Source New Value: Pending
      12/20/2018 9:42:00 AM New in Database Source

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      Listing information is provided through IDX through RealComp II Ltd. All information is deemed reliable but is not guaranteed. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright 2019 Realcomp II Ltd. Shareholders.