MLS # 20221070937, Listed by BELE Realty Inc|(248) 422-18048726 Michigan Avenue is a $270,000, 3,597 square foot home on a 0.10 acre lot located in Detroit, MI.
This mixed-use building now being used as a hookah lounge in Detroit near Dearborn offers a unique opportunity to own a solid investment property. With a gross yearly rental income of $27,500, this building is a reliable source of income. The property features a mix of commercial and residential units, providing a diverse range of rental options. Located in a bustling neighborhood with easy access to major roads and amenities, this building is sure to attract a range of tenants. Don't miss out on this excellent opportunity to add a valuable asset to your portfolio!
| Above Grade Sqft | 3,597 |
| Exterior Features | Transaction Type (Commercial) - Sale |
| Construction Types | Brick |
| Land Type | Zoning - Commercial Zoning - Multi-Family Zoning - Multiple Settlement - City Land Contract - Yes |
| Sewer | 3rd Party Unknown |
| Property Type | Family-Less Than 1/2 Acre |
| Property Sub Type | Commercial Type - Real Estate Only |
| Style Characteristics | 1 Story |
| Year Built | 1920 |
| Association Fee | $0.00 |
| Taxes | $1,538.00 |
| County | wayne |
| School District | detroit |
| Neighborhood | Glenwood Grosfield & Scan Lons Sub (Plats) |
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