14318 E Jefferson Avenue, Detroit, MI 48215

$749,900
5
BA

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List Price
$749,900
Days on Market
50
MLS#
26028797
Status
ACTIVE
Type
Commercial
Bathrooms
5
Full-baths
5

Property Description

Positioned on one of Detroit's most rapidly appreciating commercial corridors, this mixed-use property sits on the border of prestigious Grosse Pointe. Offering a robust blend of immediate cash flow and substantial value-add potential, this 5,874-square-foot building is set for investor & or occupant, featuring 3 commercial storefronts and two massive upper-level apartments. Commercial Footprint (3 Storefronts )Each retail space is approximately 980 sq. ft. & features its own dedicated, private basement for inventory or storage. Left Unit: Active, established Men's Barber Shop. Right Unit: vibrant Women's Beauty Salon or...you name it...?, steady commercial tenant income. Center Unit: A prime, vacant restaurant space complete with existing commercial kitchen equipment & Table space. Plus Residential Living 2 Spacious Upper Aparts, 2-bedroom, 1-bath 1,425 sq. ft. each, 1-occupied at $1300 per mo. & 1 vacant, *Land contract Available* asking 50% down/make offer

Additional Information

Taxes
$5,042
Acres
0.16
Heating
Forced Air
School District
Detroit
Utilities
Electricity Connected, Natural Gas Connected, Phone Available
Water
Public Water

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Calculator source: Real Geeks

Listing courtesy of Listing Agent: John Wallen from Listing Office: Michigan Dream Homes, LLC.

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