Homes for sale - 11122-11138 HAYES Street, Detroit, MI 48213

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Ryan Fagin

ryan@faginknight.com +1(517) 643-5498

$ 600,000

Est. payment | -/mo

8,850 SqFt

Save

$ 600,000

Est. payment | -/mo

Save

8,850 SqFt

Key Details

Property Type Commercial

Sub Type Real Estate Only

Listing Status Active

Purchase Type For Sale

Square Footage 8,850 sqft

Price per Sqft $67

Subdivision Barbers Hayes Blvd (Plats )

MLS Listing ID 20240082609

Originating Board Realcomp II Ltd

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 Det Con-Mors/Grat. Hstn/7 Mack

Zoning Commercial

Direction NORTH OF OUTER DRIVE/ EASTSIDE OF HAYES

Exterior

Road Frontage Paved

Building

Foundation Crawl

Sewer Public Sewer (Sewer-Sanitary)

Water Public (Municipal)

Level or Stories 1 Story

Structure Type Block/Concrete/Masonry

Schools

School District Detroit

Others

Tax ID W21I056425S

Ownership Short Sale - No,Private Owned

Assessment Amount $450

Acceptable Financing Cash, Contract, Conventional, Warranty Deed

Listing Terms Cash, Contract, Conventional, Warranty Deed

Financing Cash,Contract,Conventional,Warranty Deed

Special Listing Condition Full Service

Listed by Lashawn Peterson of EXP Realty LLC

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(517) 643-5498

ryan@faginknight.com

9471 Wendover Court, Brighton, Michigan, 48116, United States

11122-11138 HAYES Street Detroit, MI 48213