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$ 900,000
Est. payment | /mo
20,068 SqFt
$ 900,000
Est. payment | /mo
20,068 SqFt
Key Details
Property Type Commercial
Sub Type RealEstateOnly
Listing Status Active
Purchase Type For Sale
Square Footage 20,068 sqft
Price per Sqft $44
Subdivision Metes & Bounds Descriptio N-Sub N/A
MLS Listing ID 20261004854
Year Built 1925
Lot Size 10,454 Sqft
Acres 0.24
Property Sub-Type RealEstateOnly
Property Description
Exceptional multi-family redevelopment opportunity with strong fundamentals and prime location! This property features 22 residential units with ground-floor retail/office space, offering a dynamic mixed-use layout perfect for investors or developers. Positioned adjacent to the Russell Woods residential neighborhood, this site benefits from immediate highway access and public transportation, ensuring convenience for residents and tenants alike. The building is in good overall condition with a durable EPDM membrane roof and neighboring retail and market amenities that support long-term tenant demand. Whether repositioned for stabilized income or reimagined for future growth, this property delivers outstanding potential in one of Detroit's most accessible and evolving
Location
State MI
County Wayne
Area Area05043Detlivernoisi756Gdriver
Interior
Heating Forced Air, Natural Gas
Fireplace No
Exterior
View Y/N No
Roof Type Rubber
Garage false
Building
Foundation Basement, BrickMortar
Sewer Public Sewer, Sewer At Street
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 Arturo Crosby of Crosby Consulting & Real Estate Services