Homes for sale - 16014 E Warren Avenue, Detroit, MI 48224

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Ryan French

ryan@ryanfrenchrealty.com +1(248) 506-0155

$130,000

Est. payment - /mo

2 Beds

4,960 SqFt

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UPDATED:

12/01/2024 09:50 PM

Key Details

Property Type Commercial

Sub Type Apartments,Real Estate Only

Listing Status Active

Purchase Type For Sale

Square Footage 4,960 sqft

Price per Sqft $26

Subdivision East Detroit Development Cos No 1 (Plats)

MLS Listing ID 20240089430

Bedrooms 2

Originating Board Realcomp II Ltd

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 Det Con-Mors/Grat. Hstn/7 Mack

Zoning Commercial,Multiple,Recreation,Residential

Direction Just West of the intersection East Outer Drive and East Warren Avenue (located on East Warren)

Interior

Heating Radiant

Exterior

Road Frontage Paved

Building

Foundation Basement

Sewer Public Sewer (Sewer-Sanitary), Sewer at Street

Water Public (Municipal), Water at Street

Level or Stories 2 Story

Structure Type Brick

Schools

School District Detroit

Others

Tax ID 21002358.

Ownership Short Sale - No,Private Owned

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

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Listed by Jalen James of Front Page Properties

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Ryan French

+1(248) 506-0155

Agent | License ID: 6501387571

Agent License ID: 6501387571

16014 E Warren Avenue Detroit, MI 48224

Ryan French

Key Details

Location

Interior

Exterior

Building

Schools

Others

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16014 E Warren Avenue