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$749,900
Est. payment /mo
5 Baths
5,874 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
Square Footage 5,874 sqft
Price per Sqft $127
Municipality Detroit City
MLS Listing ID 26045695
Full Baths 5
Year Built 1924
Annual Tax Amount $2,597
Tax Year 2025
Lot Size 6,970 Sqft
Acres 0.16
Lot Dimensions 48 x 140
Property Sub-Type Retail
Source Michigan Regional Information Center (MichRIC)
Property Description
In one of Detroit's most rapidly appreciating commercial corridors, mixed-use property sits on Grosse Pointe boarder. Offering a robust blend of immediate cash flow and substantial value-add potential, 5,874 Ft. building is set for investor & or occupant, featuring 3 commercial storefronts & 2X 1425 ft! upper-level apartments. Commercial Footprint (3 Storefronts) Each retail space is approx. 1,000 ft. & features its own private basement for storage. Active, established Men's Barber Shop. Beauty Salon or...you name it...? & a prime, vacant restaurant space complete with existing commercial kitchen equipment & Table space . Plus Residential Living 2 Spacious Upper Aparts, 2-bedroom, 1,425 ft. each, 1-occupied at $1300 per mo. & 1 vacant *Land contract Available* asking 50% down/make offer. In one of Detroit's most rapidly appreciating commercial corridors, mixed-use property sits on Grosse Pointe boarder. Offering a robust blend of immediate cash flow and substantial value-add potential, 5,874 Ft. building is set for investor & or occupant, featuring 3 commercial storefronts & 2X 1425 ft! upper-level apartments. Commercial Footprint (3 Storefronts) Each retail space is approx. 1,000 ft. & features its own private basement for storage. Active, established Men's Barber Shop. Beauty Salon or...you name it...? & a prime, vacant restaurant space complete with existing commercial kitchen equipment & Table space . Plus Residential Living 2 Spacious Upper Aparts, 2-bedroom, 1,425 ft. each, 1-occupied at $1300 per mo. & 1 vacant *Land contract Available* asking 50% down/make offer. In one of Detroit's most rapidly appreciating commercial corridors, mixed-use property sits on Grosse Pointe boarder. Offering a robust blend of immediate cash flow and substantial value-add potential, 5,874 Ft. building is set for investor & or occupant, featuring 3 commercial storefronts & 2X 1425 ft! upper-level apartments. Commercial Footprint (3 Storefronts) Each retail space is approx. 1,000 ft. & features its own private basement for storage. Active, established Men's Barber Shop. Beauty Salon or...you name it...? & a prime, vacant restaurant space complete with existing commercial kitchen equipment & Table space . Plus Residential Living 2 Spacious Upper Aparts, 2-bedroom, 1,425 ft. each, 1-occupied at $1300 per mo. & 1 vacant *Land contract Available* asking 50% down/make offer.
Location
State MI
County Wayne
Interior
Interior Features Broadband
Heating Forced Air
Inclusions Real Estate, Equipment
Exterior
Utilities Available Phone Available, Natural Gas Connected, Electricity Connected
View Y/N No
Building
New Construction No
Schools
School District Detroit
Others
Tax ID 21000350
Acceptable Financing Conventional, Contract, Cash
Listing Terms Conventional, Contract, Cash
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Listed by Michigan Dream Homes, LLC
NEARBY SCHOOLS & PROPERTIES
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