1417 Van Dyke ST, Detroit, MI 48214

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Larry Else

Larry Else

+1(313) 315-3215
$ 400,000
Est. payment /mo
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Pending

1417 Van Dyke ST Detroit, MI 48214

3 Baths

2,600 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type MultiFamily

Listing Status Pending

Purchase Type For Sale

Square Footage 2,600 sqft

Price per Sqft $153

Subdivision Shipherds Sub

MLS Listing ID 20261010486

Style Colonial,Historic

Full Baths 3

Year Built 1917

Lot Size 4,791 Sqft

Acres 0.11

Property Sub-Type MultiFamily

Property Description

Unique mixed-use investment opportunity located at 1417 Van Dyke Ave, Detroit, MI. This three-story property features three income-producing units, including a street-level retail space currently operating as a bookstore, a successful Airbnb unit, and a residential rental. The bookstore space is presently vacant, offering immediate upside potential with projected rental income of approximately $1,400 per month once leased.

Property is being offered with both the business opportunity and the real estate, creating flexibility for owner-operators or investors seeking multiple income streams. Ideal for those looking to expand their portfolio with a versatile asset in a growing area. Strong potential for increased cash flow through lease-up and continued short-term rental operation. Gas and electric are on separate meters.

A rare chance to acquire a distinctive mixed-use property with built-in revenue and future growth potential.

Location

State MI

County Wayne

Area Area05053Detwoodwardmcclellansomack

Interior

Heating Forced Air, Natural Gas, Separate Meters

Fireplace No

Exterior

Pool None

View Y/N No

Garage false

Building

Foundation MichiganBasement

Sewer Sewer At Street

Water Community

New Construction No

Schools

School District Detroit

Others

Senior Community false

Acceptable Financing Cash, Conventional, WarrantyDeed

Listing Terms Cash, Conventional, WarrantyDeed

Special Listing Condition ShortSaleNo, Standard

Pets Allowed Yes

Realcomp MLS
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Listed by David Rabior of Clyde Realty LLC

NEARBY SCHOOLS & PROPERTIES

Larry Else

Larry Else

Broker | License ID: 386964

+1(313) 315-3215

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