Prime Warrendale investment opportunity! This mixed-use commercial building features two retail units on the main level and two residential units upstairs, 3 bedroom and 2 bedroom, offering multiple potential income streams once renovated. Property is in need of a full remodel and is ideal for a savvy investor, builder, or… Read More owner/operator looking for a value-add project in Detroit's 48228 market. Bring your vision and restore this building to its full potential. Seller may consider land contract terms with a strong down payment. Buyer/buyer's agent to verify all information, zoning, use, measurements, and city requirements. Read Less
Provided through IDX through Realcomp II Ltd. Courtesy of Keller Williams Legacy, [email protected], (313) 752-0000.
Listing Snapshot
Days Online
29
Last Updated
Property Type
Commercial
Square Ft.
4,160
Lot Size
0.08 Acres
Year Built
1935
MLS Number
20261035244
30 Days Snapshot Of 48228
$67k
-2%
(avg) sold price
37
-24%
homes sold
64
-21%
(avg) days on market
Snapshot
Area Map
Additional Details
Property Access
Paved
Building
Built in 1935, 4,160 total square feet, 4,160 main square feet, 2 total units, 1 two-bedroom unit, 1 three-bedroom unit, Brick
Foundation
Basement
Water Features
Public (Municipal)
Lot
Lot size area: 0.08, Lot size dimensions: 33X100
Miscellaneous
Gross scheduled income: $48,000, Net operating income: $24,000, Operating expense: $24,000, Office, Residential, Retail, Apartments, Real Estate Only
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