27,977 SqFt
27,977 SqFt
Key Details
Property Type Commercial
Sub Type RealEstateOnly
Listing Status Active
Purchase Type For Sale
Square Footage 27,977 sqft
Price per Sqft $53
Subdivision Broadmoor Sub
MLS Listing ID 20261069332
Year Built 1962
Lot Size 0.530 Acres
Acres 0.53
Property Sub-Type RealEstateOnly
Property Description
Here's your opportunity to own a substantial multi-family and commercial property situated on an entire city block, offering nearly 28,000 square feet of building space and tremendous potential for an investor, owner-operator, or redevelopment-minded buyer.
The property features 22 residential units, including 20 one-bedroom units and 2 two-bedroom units, providing a diverse mix of rental opportunities. The lower level adds valuable commercial space with an existing daycare, hair salon, and an additional space with potential for a deli or other neighborhood-serving business.
With residential and commercial components, this property offers the potential for multiple income streams from one location. The expansive footprint and entire-block positioning provide flexibility for future improvements, expansion, or redevelopment, subject to zoning and municipal approvals.
Bring your vision to this unique and sizable property. Opportunities to acquire an entire block with both residential and commercial components are rare. Explore the possibilities and unlock the full potential of this nearly 28,000-square-foot property. Please do not approach tenants or employees. Tours are by appointment only and buyer must show proof of funds. BATVAI
Location
State MI
County Wayne
Area Area05042Det6Tiregrnfldlivernois
Interior
Fireplace No
Exterior
View Y/N No
Garage false
Building
Foundation Slab
Sewer Public Sewer, Sewer At Street
Water Public, WateratStreet
New Construction No
Schools
School District Detroit
Others
Senior Community false
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition ShortSaleNo, Standard
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