Mid-Mitten Realty
14710 PLYMOUTH Road Active Save Request In-Person Tour Request Virtual Tour
Detroit,MI 48227 2749
Key Details
Property Type Commercial
Sub Type Commercial/Industrial
Listing Status Active
Purchase Type For Sale
Square Footage 27,977 sqft
Price per Sqft $71
Subdivision Mi
MLS Listing ID 60293169
Annual Tax Amount $12,331
Lot Size 0.530 Acres
Acres 0.53
Lot Dimensions 233.00 x 100.00
Property Description
Prime Investment Opportunity – Diverse Commercial Property with Residential Units! Seize the opportunity to own this substantial mixed-use building, encompassing approximately 28,000 sq ft of versatile space in a highly trafficked area. This property boasts of an established daycare center, as well a beauty salon, and a deli (not currently occupied) on the ground floor. Furnishing and equipment included with the purchase; however, the business name is not included. The second level hosts 22 residential units, comprising 20 one-bedroom apartments and 2 two-bedroom apartments, all currently leased on a flexible month-to-month basis, providing the new owner with immediate income and the potential to adjust to market rents. All apartments come with newer windows, newer refrigerators and newer air conditioner units. This property presents an attractive proposition for investors seeking a diversified revenue stream with significant upside potential. Don't miss the chance to expand your portfolio with this promising investment. Please do not approach tenants and employees. Tours are by appointment only.
Location
State MI
County Wayne
Area Detroit (82001)
Zoning Mixed Use,Commercial
Exterior
Waterfront No
Building
Foundation Slab
Water Public Water,Public Water at Street
Structure Type Block,Brick
Others
Ownership Private
Assessment Amount $1,600
Financing Cash,Conventional