$ 600,000
11122-11138 HAYES Street Detroit, MI 48213
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$ 600,000
Est. payment | /mo
8,850 SqFt
$ 600,000
Est. payment | /mo
8,850 SqFt
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 8,850 sqft
Price per Sqft $67
MLS Listing ID 20240082609
Originating Board Realcomp
Year Built 1939
Annual Tax Amount $11,355
Lot Size 0.330 Acres
Acres 0.33
Lot Dimensions 144.00 x 100.00
Property Description
Welcome to our listing for an exceptional 8-unit commercial building located on the desirable eastside of Detroit. This well-maintained property presents a unique opportunity for residential and commercial investors alike. With its convenient location in a residential area, this building offers the potential for a variety of uses. Let's explore the captivating features of this property: Desirable Residential Location: Situated in a sought-after residential area on the eastside of Detroit, this commercial building offers a peaceful and comfortable environment for tenants. Established Tenant: One of the units is occupied by a long-standing barber shop, providing a stable and consistent income stream. This tenant adds value and reliability to the property. Refurbished Exterior: The exterior of the building has been completely refurbished, showcasing a fresh and updated look. This modernized facade creates a positive first impression and attracts potential tenants. Updated Units: Each of the eight units in the building has been thoughtfully updated to ensure comfort and functionality. The modernized interiors are designed to meet the needs of both residential and commercial tenants. Versatility for Residential or Commercial Use: With a mix of residential and commercial units, this property offers flexibility for various types of tenants. It presents an excellent opportunity for those seeking a live-work space or small-scale businesses that cater to the local community. Ample Fenced-in Parking: The property boasts two spacious fenced-in parking lots, accommodating up to 30 cars. This convenient parking solution ensures ease of access for tenants and their visitors. This 8-unit commercial building in the residential eastside of Detroit offers a unique investment potential. With an established tenant, refurbished exterior, updated units, and ample parking, this property presents an opportunity to tap into the local community's needs. BATVAI
Location
State MI
County Wayne
Area Wayne County - 100
Zoning Commercial
Direction NORTH OF OUTER DRIVE/ EASTSIDE OF HAYES
Exterior
Waterfront No
View Y/N No
Building
Sewer Public
Water Public
Structure Type Block
Others
Tax ID W21I056425S
Listed by EXP Realty LLC