Detroit, MI 48214,8116 Kercheval Street
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Detroit, MI 48214,8116 Kercheval Street
Detroit, MI 48214,8116 Kercheval Street
Detroit, MI 48214,8116 Kercheval Street
Detroit, MI 48214,8116 Kercheval Street

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$ 1,225,000
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8116 Kercheval Street Detroit, MI 48214

5,215 SqFt


UPDATED:

Key Details

Property Type Commercial

Sub Type Real Estate Only

Listing Status Active

Purchase Type For Sale

Square Footage 5,215 sqft

Price per Sqft $234

Subdivision Kercheval Ave Plat Of Sub Of Van Dyke Farm

MLS Listing ID 20240089730

Originating Board Realcomp II Ltd

Year Built 1916

Annual Tax Amount $4,219

Lot Size 9,147 Sqft

Acres 0.21

Lot Dimensions 100.39 x 91.72

Property Sub-Type Real Estate Only

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 Det Woodward-Mcclellan/So Mack

Zoning Commercial,Multi-Family,Residential

Direction On Kercheval between Parker and Seminole

Interior

Heat Source Natural Gas

Exterior

Utilities Available Security Alarm, Smoke Alarm

Road Frontage Class A, Paved

Building

Sewer Public Sewer (Sewer-Sanitary)

Water Public (Municipal)

Structure Type Wood

Schools

School District Detroit

Others

Tax ID W17I000104C6

Ownership Short Sale - No,Private Owned

Assessment Amount $240

Acceptable Financing Cash, Conventional

Rebuilt Year 2016

Listing Terms Cash, Conventional

Financing Cash,Conventional

Special Listing Condition Full Service


Realcomp MLS
Listed by Vincent Mazzola of O'Connor Realty Detroit, LLC
agent

Larry Else

Broker | License ID: 386964

+1(313) 315-3215

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