$2,000,000 for Sale

14710 plymouth road, detroit, MI 48227

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.
General Information
Sale Price: $2,000,000
Price/SqFt: $71
Status: Active
MLS#: 20240013428
City: detroit
Post Office: detroit
Schools: detroit
County: Wayne
Acres: 0.53
Lot Dimensions: 233.00 x 100.00
Size: 27,977 sq.ft.
Acreage: 0.53 est.
Year Built: 1962
Property Type: Commercial
Style:
Tax, Fees & Legal
Est. Summer Taxes:  $11,211
Est. Winter Taxes:  $1,120
Map


IDX provided courtesy of Realcomp II Ltd. via American Associates, Inc. REALTORS and Realcomp II Ltd., ©2024 Realcomp II Ltd. Shareholders Listing By: Theodora Brown of Century 21 Curran & Oberski, Phone: (313) 274-7200
(248) 807-0181 Call Angela Odden for more information about this property.

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Angela Odden
Call:
(248) 807-0181

Office:
(810) 244-7040