Looking for a Commercial Property for Auction in Detroit? Here’s your chance to own a 4,148 ± sq. ft. commercial building at 160 Hazelwood Street, Detroit, Michigan 48202. This property, previously used as a restaurant, offers great potential in a bustling city. With an auction set for Friday, January 17, 2025, this could be your next big investment!
Key Facts About the Property
Building Overview:
Improved Area: 4,148 ± sq. ft.
Lot Area: 4,500 ± sq. ft.
Year Built: 1938
Zoning: B4/General Business
Utilities: Electric, Gas, Water, Sewer
Property Features:
This vacant retail building, formerly a restaurant, includes:Dining Area: Perfect for a restaurant or retail.Kitchen: Ready for customization
Four Restrooms: Good for all kinds of purposes.
Partial Basement Storage: Ideal for additional storage needs.
The property is located on the corner of Hazelwood Street and 2nd Street and has an alternative address of 8902-28 2nd Street, giving it excellent visibility.
Auction Details You Need to Know
Key Dates and Times:
Auction Date: Friday, January 17, 2025
Time: 10 a.m.–12 p.m. CT (11 a.m.–1 p.m. ET)
Starting Bid: $110,000
Deposit Required: $20,000 by cashier’s check payable to CWS Marketing Group, Inc.
Deadline for Deposit: January 16, 2025
Opportunities for Inspection:
Interested in inspecting the property before placing a bid? Inspection dates:
Saturday, January 11: 1–4 p.m.
Sunday, January 12: 9 a.m.–12 p.m.
How to Bid
The auction will be conducted online at bid.cwsmarketing.com.
Steps to participate:
Complete the 2-step registration process on the auction website.
Submit your deposit by January 16, 2025.
Place your bids during the auction hours.
Important Information to Bidders
AS IS WHERE IS Sale: The property is sold in its present condition and state of repair, subject to any building violations, penalties, or fines.
A Government Deed will be issued reflecting the transfer in ownership.
2023 Taxes: Wayne County property taxes are estimated at $6,860.22 ±.
Why Invest in This Property?
Prime Location in Detroit
Located in the heart of Detroit, one of the fastest-evolving cities in the United States, this property benefits from a thriving business environment. Its B4 zoning makes it ideal for retail shops, dining establishments, or other commercial ventures.
Versatile Potential
Previously used as a restaurant, the building’s layout is flexible and can be redesigned to suit your business needs. Whether you’re an entrepreneur, investor, or business owner, this property offers immense opportunities.
Auction Resources
Photo Gallery: View here.
Auction Flyer: [Download Here]
Terms of Sale: [Click Here]
Don’t Miss Out on This Opportunity!
Mark your calendar for January 17, 2025, and be ready to bid on Sale Number 25-66-815. With immense business and investment potential, this property in Detroit is waiting for the right buyer. Register today to take the first step toward owning this prime piece of real estate.