7244 W Vernor HWY, Detroit, MI 48209
7244 W Vernor HWY, Detroit, MI 48209
7244 W Vernor HWY, Detroit, MI 48209
7244 W Vernor HWY, Detroit, MI 48209
7244 W Vernor HWY, Detroit, MI 48209
7244 W Vernor HWY, Detroit, MI 48209
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$ 299,900
Est. payment | /mo

3,084 SqFt


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$ 299,900
Est. payment | /mo
Save

3,084 SqFt

Key Details

Property Type Commercial

Sub Type RealEstateOnly

Listing Status Active

Purchase Type For Sale

Square Footage 3,084 sqft

Price per Sqft $97

Subdivision Burns Sub Of Pt Lt 7 Sub Pc 60 S Of Dix Road

MLS Listing ID 20261063646

Year Built 1923

Lot Size 4,356 Sqft

Acres 0.1

Property Sub-Type RealEstateOnly

Property Description

Phenomenal mixed-use investment opportunity located at 7244–7246 W. Vernor Hwy in Southwest Detroit. Ideal for an investor, developer, or owner-operator looking to establish a business while creating additional potential income streams. Property features two ground-floor commercial storefront spaces plus upper-level space with the potential to develop two residential apartments, subject to applicable zoning and municipal approvals.
One storefront is currently occupied by a long-term salon tenant on a month-to-month basis, providing existing rental income. Excellent W. Vernor frontage offers high traffic exposure, strong street visibility, convenient community access, and gated exterior parking.
Property is in need of renovation and is being sold as-is, creating an excellent value-add opportunity for a buyer looking to renovate, reposition, and maximize the property's income-producing potential. With two commercial storefronts, potential upper-level residential units, existing rental income, and an owner-user option, this property offers numerous possibilities.
Offered at $299,900. Buyer and buyer's agent to verify all information, measurements, zoning, permitted uses, and feasibility of potential residential development. Please do not disturb existing tenant.

Location

State MI

County Wayne

Area Area05101Detsouthofgrandriver

Interior

Fireplace No

Exterior

View Y/N No

Garage false

Building

Foundation Basement, Block

Sewer Public Sewer

Water Public

New Construction No

Schools

School District Detroit

Others

Senior Community false

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition ShortSaleNo, Standard

Realcomp MLS
Listed by Tina Alfaro of Emmanuel Realty LLC

Schools and Properties Nearby

Jessica A Wilson

Find out why customers are choosing LPT Realty to meet their real estate needs

+1(313) 399-5605

jannewilsonrealtor@gmail.com

6838 Park Ave, Allen Park, MI 48101-2036, USA

Learn More About LPT Realty

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7244 W Vernor HWY