14710 PLYMOUTH Road, Detroit, MI 48227 - MLS#20240013428

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Additional details

Downtown Realty

team@dtrdetroit.com +1(313) 466-7253

$ 2,000,000

Est. payment -/mo

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Active

14710 PLYMOUTH Road Detroit, MI 48227

22 Beds

27,977 SqFt

UPDATED:

08/23/2024 06:25 PM

Key Details

Property Type Commercial

Sub Type Real Estate Only

Listing Status Active

Purchase Type For Sale

Square Footage 27,977 sqft

Price per Sqft $71

Subdivision Broadmoor Sub (Plats)

MLS Listing ID 20240013428

Bedrooms 22

Originating Board Realcomp II Ltd

Year Built 1962

Annual Tax Amount $12,331

Lot Size 0.530 Acres

Acres 0.53

Lot Dimensions 233.00 x 100.00

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 Det 6-Tire - Grnfld - Livernois

Zoning Commercial,Multiple

Direction N of Plymouth/E of Greenfield

Exterior

Utilities Available Employee Lunch/Lounge, Security Alarm, Smoke Alarm

Waterfront no

Road Frontage Paved

Building

Foundation Slab

Sewer Public Sewer (Sewer-Sanitary), Sewer at Street

Water Public (Municipal), Water at Street

Level or Stories 2 Story

Structure Type Block/Concrete/Masonry,Brick

Schools

School District Detroit

Others

Tax ID W22I006026C36

Ownership Short Sale - No,Private Owned

Assessment Amount $1,600

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing Cash,Conventional

Special Listing Condition Full Service

Listed by Theodora Brown of Century 21 Curran & Oberski

Downtown Realty

Brokerage | License ID: 6505386963

+1(313) 466-7253

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