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Jim Blehm

Team Owner, Realtor® | The Blehm Group | Keller Williams

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8730 Michigan Ave , Detroit, MI 48210
$200,000
Est. Payment: $444.44/mo
0 Bed
0 Bath
3800 Sqft
Status: Active | Days on site: 118
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416803 - 435194
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House Description

Excellent opportunity to acquire an established 3,800 sq ft wholesale tobacco business located on highly traveled Michigan Ave border of Dearborn. This is a business-only sale with a current lease of $4,000/month and three tobacco licenses included, offering a strong foundation for an experienced operator, wholesaler, or investor looking to expand in the tobacco and vape wholesale industry. The space features prominent street frontage, large exterior signage, organized shelving, product display areas, storage space, office area, counter area, and an efficient layout designed for wholesale operations. Inventory is available for purchase separately. Current owner is also a tobacco manufacturer and is open to continuing a business relationship with the new owner, creating potential supply chain and wholesale continuity. Financials available upon signed NDA and proof of funds. Serious inquiries only.

Highlights

Listed by Thergam Alshara , 313-213-8426 Keller Williams Legacy , 313-752-0000.

Property Type

Commercial Sale

Lot/Acreage
0.1

Year Built

1924

County

Wayne

School District

Detroit

Listing ID

20261037124

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:0
  • Full Bathrooms:
Water:Public

Exterior Features

Principal Interest
$444
Taxes
$337

Home Price

$200,000

Loan Details

30 yrs
%

Down Payment

20%
$40,000
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Monthly Price:
$444.44

Principal

Taxes

Principal Taxes HOA Total
Monthly $444.44 $336.75 $0.00 $781.19
Yearly $5,333.33 $4,041.00 $0.00 $9,374.33
Total $160,000.00 $121,230.00 $0.00 $281,230.00

Today's Rates

30 Year

0%

20 Year

0%

15 Year

0%

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Market insight data is pulled from the same city as the listing being viewed (Detroit, MI).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.