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Additional details

Larry Else

larry@dtrdetroit.com +1(313) 315-3215

$ 600,000

Est. payment -/mo

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Active

15239 Mack Avenue Detroit, MI 48224

4 Beds

4 Baths

7,128 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Common Entry Building,Other

Listing Status Active

Purchase Type For Sale

Square Footage 7,128 sqft

Price per Sqft $84

Subdivision Abbott & Beymers Cloverdale

MLS Listing ID 20251033385

Style Common Entry Building,Other

Bedrooms 4

Full Baths 4

Year Built 1926

Annual Tax Amount $4,811

Lot Size 4,356 Sqft

Acres 0.1

Lot Dimensions 66.35X65.6

Property Sub-Type Common Entry Building,Other

Source Realcomp II Ltd

Property Description

Unlock the potential of this exceptional mixed-use commercial property offering strong cash flow and versatile options for an owner-user or investor. Perfectly situated in a high-visibility location, this property features established storefront tenants—including a dance studio and barbershop—alongside flexible office space and a loft ready for owner occupancy or additional rental income. Upstairs, four spacious 2-bedroom, 1-bath apartments—each with private entrances and separate utilities—provide consistent residential income. An extensive basement offers valuable storage options, enhancing functionality for tenants and owners alike. Currently, all units are separately metered, with the owner covering only water, ensuring low overhead and simple management. With the right offer, additional vacant lots behind the property may be included in the sale. Though currently zoned residential, these lots open the door to exciting possibilities such as private parking, a community garden, or future development. This rare, income-producing property combines stable tenancy with multiple avenues for growth—ideal for investors seeking long-term returns or entrepreneurs ready to occupy and expand. Part of a larger package - contact me for more details. Property previously appraised for $650,000 in 2024. Seller is very motivated and willing to negotiate.

Location

State MI

County Wayne

Area Det Con-Mors/Grat. Hstn/7 Mack

Zoning Commercial,Multiple

Direction East of Alter Rd on the north side of Mack Ave

Rooms

Basement Unfinished, Private

Interior

Heating Forced Air, Separate Meters

Fireplace no

Heat Source Natural Gas

Exterior

Road Frontage Paved

Garage no

Private Pool No

Building

Foundation Basement

Sewer Sewer (Sewer-Sanitary)

Water Public (Municipal)

Architectural Style Common Entry Building, Other

Level or Stories 2 Story

Structure Type Brick

Schools

School District Detroit

Others

Pets Allowed Yes

Tax ID W21I001415S

Ownership Short Sale - No,Private Owned

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing Cash,Conventional

Listed by Brianna Harris of Harris Ventures LLC

Larry Else

Broker | License ID: 386964

+1(313) 315-3215

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