MI > Wayne > Detroit > 11122-11138 Hayes Street

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11122-11138 Hayes Street Map / directions

Detroit, MI

48213 Market info

  • MLS# 20230051099
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Welcome to our listing for an exceptional 8-unit commercial building located on the desirable eastside of Detroit. This well-maintained property presents a unique opportunity for residential and commercial investors alike. With its convenient location in a residential area, this building offers the potential for a variety of uses. Let's explore the captivating features of this property: Desirable Residential Location: Situated in a sought-after residential area on the eastside of Detroit, this commercial building offers a peaceful and comfortable environment for tenants. Established Tenant: One of the units is occupied by a long-standing barber shop, providing a stable and consistent income stream. This tenant adds value and reliability to the property. Refurbished Exterior: The exterior of the building has been completely refurbished, showcasing a fresh and updated look. This modernized facade creates a positive first impression and attracts potential tenants. Updated Units: Each of the eight units in the building has been thoughtfully updated to ensure comfort and functionality. The modernized interiors are designed to meet the needs of both residential and commercial tenants. Versatility for Residential or Commercial Use: With a mix of residential and commercial units, this property offers flexibility for various types of tenants. It presents an excellent opportunity for those seeking a live-work space or small-scale businesses that cater to the local community. Ample Fenced-in Parking: The property boasts two spacious fenced-in parking lots, accommodating up to 30 cars. This convenient parking solution ensures ease of access for tenants and their visitors. This 8-unit commercial building in the residential eastside of Detroit offers a unique investment potential. With an established tenant, refurbished exterior, updated units, and ample parking, this property presents an opportunity to tap into the local community's needs.

Property Information

Status
Active 
Address
11122-11138 Hayes Street 
City
Detroit 
Zip
48213 
Year Built
1939 
Subdivision
Barbers Hayes Blvd (plats ) 
Listing Date
06/24/2023 
Architecture
1 Story 
County
Wayne 
Above Grade SqFt
8,850 
Possession
At Close 
Price/SqFt
67.8 

School Information

School District
Detroit 

Taxes

Summer Taxes
$2,382 
Winter Taxes
$233 

Features

Zoning
Commercial 
Water
Public (Municipal) 
Sub Property Type
Commercial 

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  • Property History
Property History
MLS Number New Status Previous Status Activity Date New List Price Previous List Price Sold Price DOM
20230051099 Nov 14 2023 4:05PM $600,000 $680,000 340
20230051099 Oct 16 2023 4:36PM $680,000 $720,000 340
20230051099 Sep 18 2023 8:05PM $720,000 $800,000 340
20230051099 Active Jun 25 2023 1:36PM $800,000 340

Learn More About This Listing

Contact Customer Care

Mon-Fri 9am-9pm Sat/Sun 9am-7pm

248-304-6700

Contact Customer Care

Mon-Fri 9am-9pm Sat/Sun 9am-7pm

248-208-3883

By proceeding, you consent to receive calls and texts at the number you provided, including marketing by voice, and email, from us and others about your inquiry and other home-related matters, but not as a condition of any purchase. You also agree to our Privacy Policy regarding the information relating to you. Msg/data rates may apply.

Listing Broker

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Listing Courtesy of Exp Realty Llc
(888) 501-7085
Office Address 39555 Orchard Hill Place Ste 600

11122-11138 Hayes Street Detroit
Contact us
$600,000
For Sale • Acres: 0.33 • Zoning: Commercial