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$249,900
Est. payment /mo
5,984 SqFt
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 5,984 sqft
Price per Sqft $41
MLS Listing ID 20261064073
Year Built 1930
Annual Tax Amount $5,799
Lot Size 3,049 Sqft
Acres 0.07
Lot Dimensions 44.01X73.07
Source Realcomp
Property Description
Excellent mixed-use investment opportunity at 16129 Mack Ave, Detroit, MI 48224, prominently positioned at the corner of Mack Avenue and Bedford, directly across from Grosse Pointe Park. This two-story brick building offers a versatile combination of established commercial tenancy and residential income potential, all situated over a full basement. The ground floor consists of three storefront units currently occupied by two long-term, multi-year tenants. One storefront is occupied by an established barber shop, while the adjoining two units are occupied by a health food store/wellness center. Existing commercial tenants provide an attractive foundation of income for an investor looking to add value over time. The upper level features four residential apartments, including one studio, one 1-bedroom unit, and two 2-bedroom units, with two separate street-level entrances providing access to the residential portion of the building. The property offers substantial space and character, including a full basement for additional utility and storage. While the building needs updating and improvements, its combination of mixed-use zoning potential, existing commercial tenants, multiple residential units, corner visibility, and proximity to Grosse Pointe Park creates significant upside for an investor or owner looking for a value-add opportunity. Bring your vision and unlock the income-producing potential of this well-located Mack Avenue property. Buyer and buyer's agent to verify all information, permitted uses, unit configurations, and municipal requirements.
Location
State MI
County Wayne
Zoning Multi-Family,Multiple
Direction Between Outer Drive E & Alter Road off the W side of Mack
Rooms
Basement Basement
Interior
Heating Radiant
Exterior
View Y/N No
Roof Type Rubber
Building
Foundation Brick/Mortar
Water Public
Structure Type Brick
Schools
School District Detroit
Others
Tax ID W21I001463S
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Listed by Market Elite Inc
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