22
See all 22 photos
$130,000
Est. payment /mo
4,960 SqFt
New
16014 E Warren Avenue Detroit, MI 48224
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UPDATED:
12/01/2024 10:52 PM
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 4,960 sqft
Price per Sqft $26
MLS Listing ID 20240089430
Originating Board Realcomp
Year Built 1927
Annual Tax Amount $6,304
Lot Size 3,920 Sqft
Acres 0.09
Lot Dimensions 40 x 100
Property Description
This MIXED-USE building with 2 addresses located on A HIGH TRAFFIC STREET! HIGHLY DEVELOPING AREA with new construction developments, businesses, restaurants and much housing within a mile radius. This particular property features 2 separate store fronts with two separate addresses both with over 1,000 square feet just on the first story of open space to build and customize to your liking! This property's first story could be storage, office use, retail space, event hosting, business management, or serve as a business location for any service business with the opportunity for the owner to live above in either of the 2 two-bedroom units above. This location also would work for an investor looking for a possible 4 different incomes (2) being commercial tenants and (2) residential tenants above! Sitting above these two store fronts are (2) separate 2-bedroom apartments. Both of these apartments feature their own living room that is humongous with hardwood flooring throughout, also separate kitchens and full bath with both tub and shower. There is also much sweat equity to be created! This property features a basement foundation that is over 2,000 square feet (separated by each individual address) that can be finished or used as additional storage for either of the tenants or possibly charging a 5th and 6th tenant just for storage space. THIS PROPERTY IS OVER 5,000 SQUARE FEET OF ABOVE GROUND SPACE!I have contacts to HELP YOU FINANCE THIS PROPERTY WITH COMMERCIAL FINANCING ON A 30 YEAR MORTGAGE TERM JUST ASK ME!We are also offering LAND CONTRACT TERMS DIRECT WITH SELLER!
Location
State MI
County Wayne
Area Wayne County - 100
Zoning Commercial,Multiple,Recre
Direction Just West of the intersection East Outer Drive and East Warren Avenue (located on East Warren)
Rooms
Basement Basement
Interior
Heating Radiant
Exterior
View Y/N No
Building
Foundation Brick/Mortar
Sewer Public
Water Public
Structure Type Brick
Others
Tax ID 21002358.
Listed by Front Page Properties
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