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Jessica A Wilson

jannewilsonrealtor@gmail.com +1(313) 399-5605

$ 249,900

Est. payment | -/mo

5,984 SqFt

Save

$ 249,900

Est. payment | -/mo

Save

5,984 SqFt

Key Details

Property Type Commercial

Sub Type RealEstateOnly

Listing Status Active

Purchase Type For Sale

Square Footage 5,984 sqft

Price per Sqft $41

Subdivision East Detroit Dev Cos 1

MLS Listing ID 20261064073

Year Built 1930

Lot Size 3,049 Sqft

Acres 0.07

Property Sub-Type RealEstateOnly

Property Description

Excellent mixed-use investment opportunity at 16129 Mack Ave, Detroit, MI 48224, prominently positioned at the corner of Mack Avenue and Bedford, directly across from Grosse Pointe Park. This two-story brick building offers a versatile combination of established commercial tenancy and residential income potential, all situated over a full basement. The ground floor consists of three storefront units currently occupied by two long-term, multi-year tenants. One storefront is occupied by an established barber shop, while the adjoining two units are occupied by a health food store/wellness center. Existing commercial tenants provide an attractive foundation of income for an investor looking to add value over time. The upper level features four residential apartments, including one studio, one 1-bedroom unit, and two 2-bedroom units, with two separate street-level entrances providing access to the residential portion of the building. The property offers substantial space and character, including a full basement for additional utility and storage. While the building needs updating and improvements, its combination of mixed-use zoning potential, existing commercial tenants, multiple residential units, corner visibility, and proximity to Grosse Pointe Park creates significant upside for an investor or owner looking for a value-add opportunity. Bring your vision and unlock the income-producing potential of this well-located Mack Avenue property. Buyer and buyer's agent to verify all information, permitted uses, unit configurations, and municipal requirements.

Location

State MI

County Wayne

Area Area05055Detconmorsgrathstn7Mack

Interior

Heating Natural Gas, Radiant

Fireplace No

Exterior

Parking Features AlleyAccess, OnStreet

View Y/N No

Roof Type Rubber

Garage false

Building

Foundation Basement, BrickMortar

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

Listed by Jason I Minnick of Market Elite Inc

Schools and Properties Nearby

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

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16129 Mack AVE Detroit, MI 48224