15239 Mack Avenue Coming Soon

Detroit,MI 48224

$ 600000

- Bed

0 Bath

7128 SqFt


Key Details

Property Type Commercial

Listing Status Coming Soon

Purchase Type For Sale

Square Footage 7,128 sqft

Price per Sqft $84

MLS Listing ID 20251030005

Year Built 1926

Annual Tax Amount $4,811

Lot Size 4,356 Sqft

Property Description

Unlock the potential of this exceptional mixed-use commercial property offering strong cash flow and versatile options for an owner-user or investor. Perfectly situated in a high-visibility location, this property features established storefront tenants—including a dance studio and barbershop—alongside flexible office space and a loft ready for owner occupancy or additional rental income. Upstairs, four spacious 2-bedroom, 1-bath apartments—each with private entrances and separate utilities—provide consistent residential income. An extensive basement offers valuable storage options, enhancing functionality for tenants and owners alike. Currently, all units are separately metered, with the owner covering only water, ensuring low overhead and simple management. With the right offer, additional vacant lots behind the property may be included in the sale. Though currently zoned residential, these lots open the door to exciting possibilities such as private parking, a community garden, or future development. This rare, income-producing property combines stable tenancy with multiple avenues for growth—ideal for investors seeking long-term returns or entrepreneurs ready to occupy and expand. Part of a larger package - contact me for more details. Property previously appraised for $650,000 in 2024. Seller is very motivated and willing to negotiate.

Location

State MI

County Wayne

Area Wayne County - 100

Zoning Commercial,Multiple

Exterior

View Y/N No

Building

Foundation Brick/Mortar

Water Public

Structure Type Brick

Schools

School District Detroit

View More
Favorite Go Tour