This commercial building is located in Detroit, Michigan, in Wayne County.  Located at 12932 Schoolcraft Road, a corner store, it previously operated as the Schoolcraft Laundromat.  According to online records, the property is 4,761 square feet.  There are many photos, depicting each section of the former laundromat, as well as the surrounding property.  Photos were taken on 10/28/14.  We are a New York based company, and have not been out to inspect the property after this date and properties condition cannot be guaranteed after this date.  This is a one dollar no reserve auction.  There is a ten percent buyer's premium with a $100 minimum.

The following information has been provided by Wayne County:

Address: 12932 Schoolcraft Road
Zip: 48227
PIN: 22023490.
Zoning: Commercial

Property taxes are $2084.95 per year.  It is recommended that buyer settle back taxes with the county by 5/26/15.  Taxes can be paid to the county treasurer online, by mail, or in-person at any time.

ADDITIONAL INFORMATION:

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Auction Disclaimer:

All property is sold as is, where is, with no warranties expressed or implied. It is the duty of prospective buyers to research properties to their satisfaction prior to bidding, and a bid shall constitute a binding contract, in which the buyer is agreeing to abide by the Terms of the Auction.

Terms of Auction / Settlement Terms:

This is a cash sale; you are bidding on the full purchase price. Seller will deliver property via a quitclaim deed. No seller financing is available on this property. Buyer must have cash ready at auction's close. Winning bidder agrees to pay via certified check, money order, or wire transfer within one week of the auction's close.

Closing costs are $495 and include deed preparation, recording fees, and transfer taxes.

Thank you for looking and good luck with your investments!