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$ 1,190,000
Est. payment | /mo
5,215 SqFt
$ 1,190,000
Est. payment | /mo
5,215 SqFt
Key Details
Property Type Commercial
Sub Type RealEstateOnly
Listing Status Active
Purchase Type For Sale
Square Footage 5,215 sqft
Price per Sqft $228
Subdivision Kercheval Ave Plat Of Sub Of Van Dyke Farm
MLS Listing ID 20240089730
Year Built 1916
Lot Size 9,147 Sqft
Acres 0.21
Property Sub-Type RealEstateOnly
Property Description
Located on Kercheval Avenue between Parker and Seminole Streets in Detroit's charming West Village, 8116 Kercheval consists of three historic mixed-use buildings. The buildings were fully renovated in 2016 and include both retail and residential units. The ground floor is fully leased to Two Birds, a bar and ice cream shop, currently expanding into an adjacent retail space, and Velvet Tower, a vintage clothing store. The second floor includes three residential units (ranging from 720 to 1,106 square feet), which are currently operated as short-term rentals generating income above standard residential leases. The property features a wrap-around terrace/community space that connects the buildings and provides additional usable outdoor area. Positioned a block from neighborhood landmarks Sister Pie and Marrow, this offering presents a unique opportunity in one of the most vibrant, commercially established sections of desirable West Village.
Location
State MI
County Wayne
Area Area05053Detwoodwardmcclellansomack
Interior
Heating Natural Gas
Fireplace No
Exterior
View Y/N No
Building
Sewer Public Sewer
Water Public
New Construction No
Schools
School District Detroit
Others
Senior Community false
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition ShortSaleNo, Standard
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Listed by Vincent Mazzola of O'Connor Realty Detroit, LLC