29
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$600,000
Est. payment /mo
8,850 SqFt
Active
11122-11138 HAYES Street Detroit, MI 48213 1544
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Key Details
Property Type Commercial
Sub Type Commercial/Industrial
Listing Status Active
Purchase Type For Sale
Square Footage 8,850 sqft
Price per Sqft $67
MLS Listing ID 60351570
Annual Tax Amount $11,355
Lot Size 0.330 Acres
Acres 0.33
Lot Dimensions 144.00 x 100.00
Property Sub-Type Commercial/Industrial
Property Description
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. BATVAI
Location
State MI
County Wayne
Area Detroit (82001)
Zoning Commercial
Building
Foundation Crawl
Water Public Water
Structure Type Block
Others
Ownership Private
Assessment Amount $450
Financing Cash,Conventional
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Listed by EXP Realty Main