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$1,100,000
Est. payment /mo
20,068 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Commercial/Industrial
Listing Status Active
Purchase Type For Sale
Square Footage 20,068 sqft
Price per Sqft $54
MLS Listing ID 60949452
Annual Tax Amount $17,791
Lot Size 10,454 Sqft
Acres 0.24
Lot Dimensions 100X105.96
Property Sub-Type Commercial/Industrial
Property Description
Exceptional multi-family redevelopment opportunity with strong fundamentals and prime location! This property features 22 residential units with ground-floor retail/office space, offering a dynamic mixed-use layout perfect for investors or developers. Positioned adjacent to the Russell Woods residential neighborhood, this site benefits from immediate highway access and public transportation, ensuring convenience for residents and tenants alike. The building is in good overall condition with a durable EPDM membrane roof and neighboring retail and market amenities that support long-term tenant demand. Whether repositioned for stabilized income or reimagined for future growth, this property delivers outstanding potential in one of Detroit's most accessible and evolving corridors.
Location
State MI
County Wayne
Area Detroit (82001)
Zoning Multi-Family,Commercial,Residential
Interior
Heating Forced Air
Exterior
Roof Type Rubber
Building
Foundation Basement
Water Public Water
Structure Type Brick
Others
Ownership Private
Energy Description Natural Gas
Financing Cash,Conventional
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Listed by Keller Williams Advantage
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