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Additional details
$ 2,000,000
Est. payment /mo
Active
14710 PLYMOUTH RD Detroit, MI 48227
27,977 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type RealEstateOnly
Listing Status Active
Purchase Type For Sale
Square Footage 27,977 sqft
Price per Sqft $71
Subdivision Broadmoor Sub (Plats)
MLS Listing ID 20240013428
Year Built 1962
Property Sub-Type RealEstateOnly
Property Description
Prime Investment Opportunity – Diverse Commercial Property with Residential Units! Seize the opportunity to own this substantial mixed-use building, encompassing approximately 28,000 sq ft of versatile space in a highly trafficked area. This property boasts of an established daycare center, as well a beauty salon, and a deli (not currently occupied) on the ground floor. Furnishing and equipment included with the purchase; however, the business name is not included. The second level hosts 22 residential units, comprising 20 one-bedroom apartments and 2 two-bedroom apartments, all currently leased on a flexible month-to-month basis, providing the new owner with immediate income and the potential to adjust to market rents. All apartments come with newer windows, newer refrigerators and newer air conditioner units. This property presents an attractive proposition for investors seeking a diversified revenue stream with significant upside potential. Don't miss the chance to expand your portfolio with this promising investment. Please do not approach tenants and employees. Tours are by appointment only.
Location
State MI
County Wayne
Area Area05042Det6Tiregrnfldlivernois
Exterior
Parking Features AlleyAccess, Assigned
View Y/N No
Building
Foundation Slab
Sewer PublicSewer, SewerAtStreet
Water Public, WateratStreet
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 Theodora Brown of Century 21 Curran & Oberski