Remarks

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.

Details

MLS#: 20230051099
Price: $600,000

Style: Real Estate Only
Sq Ft: 8850
Year Built: 1939

County: Wayne
Subdivision: BARBERS HAYES BLVD (PLATS )
Lot Size: 0.33
Tax Fee: 2615.0

School District: Detroit