15239 Mack Avenue, Detroit, MI 48224
15239 Mack Avenue, Detroit, MI 48224
15239 Mack Avenue, Detroit, MI 48224
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Alec Applebaum

Alec Applebaum

+1(248) 866-8784
$599,999
Est. payment /mo
4 Baths
4,356 Sqft Lot
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UPDATED:

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

MLS Listing ID 20251033385

Year Built 1926

Annual Tax Amount $4,811

Lot Size 4,356 Sqft

Acres 0.1

Lot Dimensions 66.35X65.6

Source Realcomp

Property Description

Unlock the potential of this exceptional mixed-use commercial property offering strong cash flow and versatile options for an owner-user or investor. Perfectly situated in a high-visibility location, this property features established storefront tenants—including a dance studio and barbershop—alongside flexible office space and a loft ready for owner occupancy or additional rental income. Upstairs, four spacious 2-bedroom, 1-bath apartments—each with private entrances and separate utilities—provide consistent residential income. An extensive basement offers valuable storage options, enhancing functionality for tenants and owners alike. Currently, all units are separately metered, with the owner covering only water, ensuring low overhead and simple management. With the right offer, additional vacant lots behind the property may be included in the sale. Though currently zoned residential, these lots open the door to exciting possibilities such as private parking, a community garden, or future development. This rare, income-producing property combines stable tenancy with multiple avenues for growth—ideal for investors seeking long-term returns or entrepreneurs ready to occupy and expand. Part of a larger package - contact me for more details. Property previously appraised for $650,000 in 2024. Seller is very motivated and willing to negotiate.

Location

State MI

County Wayne

Zoning Commercial,Multiple

Direction East of Alter Rd on the north side of Mack Ave

Interior

Heating Forced Air

Exterior

View Y/N No

Building

Water Public

Structure Type Brick

Schools

School District Detroit

Others

Tax ID W21I001415S

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

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Listed by Harris Ventures Real Estate

Nearby School & Business

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Alec Applebaum

Alec Applebaum

+1(248) 866-8784

Broker | License ID: 6502389085

Broker License ID: 6502389085

Name

Name

Phone*

Phone

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