14710 Plymouth Road
Detroit, Michigan 48227, United States

MLS#: 20240013428

$2,000,000 USD

Minimum sellable space
2,599m² (27,977ft²)
The details

Property features

Date Updated: Nov 10, 2024

Construction details

Year built
1962

Area

Property size
2,599m² (27,977ft²)

Description

Prime Investment Opportunity – Diverse Commercial Property with Residential Units! Seize the opportunity to own this substantial mixed-use building, encompassing approximately 28,000 sq ft of versatile space in a highly trafficked area. This property boasts of an established daycare center, as well a beauty salon, and a deli (not currently occupied) on the ground floor. Furnishing and equipment included with the purchase; however, the business name is not included. The second level hosts 22 residential units, comprising 20 one-bedroom apartments and 2 two-bedroom apartments, all currently leased on a flexible month-to-month basis, providing the new owner with immediate income and the potential to adjust to market rents. All apartments come with newer windows, newer refrigerators and newer air conditioner units. This property presents an attractive proposition for investors seeking a diversified revenue stream with significant upside potential. Don't miss the chance to expand your portfolio with this promising investment. Please do not approach tenants and employees. Tours are by appointment only.

Location

14710 Plymouth Road, Detroit, Michigan 48227, United States
map image
Courtesy of Theodora Brown CENTURY 21 Curran & Oberski