MLS Public Remarks 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.
http://www.www.realestateone.com.com/20240013428
Township Detroit
Directions N of Plymouth/E of Greenfield
Fin Below Grd SqFt 0
Total Fin SqFt 27,977
Price/SqFt $89
Current Use Day Care Center, Hair Salon, Deli, Apartments
Unfinished SqFt 0
Above Grade Finished SqFt 27,977
CDOM 58
Sub Property Type Commercial
Year Built 1962
Days on Market 58
Land Assessment -
Improvements $2500000
Net Taxes $12331
Acreage 0.53
Taxes -
Tax Year -
Summer Taxes $11211
School District Detroit
Winter Taxes $1120
Subdivision Broadmoor Sub (plats)
Lower Level Square Footage 0
Waterview N
Waterfront N
For Lease/Rent N
Est. Total Acres 0.53
Lot Dimensions 233.00 x 100.00
WaterFrontage
0
Water Public (Municipal), Water at Street
Zoning Commercial, Multiple
Garage 0.0
Architecture 2 Story
Sewer Public Sewer (Sewer-Sanitary), Sewer at Street
Possession At Close
Exterior Materials Block/Concrete/Masonry, Brick
Status Change Date 03/11/2024
Listing Date 03/11/2024
Internet/IDX Y
Listing Office
Century 21 Curran & Oberski
Office Address
25636 Ford Rd
Listing Number
20240013428
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