8640 Mack Avenue, Detroit, MI 48214
8640 Mack Avenue, Detroit, MI 48214
8640 Mack Avenue, Detroit, MI 48214
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Alec Applebaum

Alec Applebaum

+1(248) 866-8784
$325,000
Est. payment /mo
3,622 SqFt
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Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 3,622 sqft

Price per Sqft $89

MLS Listing ID 20261087059

Year Built 1970

Annual Tax Amount $8,226

Lot Size 8,712 Sqft

Acres 0.2

Lot Dimensions 78X108.77

Source Realcomp

Property Description

**INCOME-PRODUCING MIXED-USE INVESTMENT NEAR HISTORIC INDIAN VILLAGE!** Offered at $325,000, this renovated 4,120 SF building generates $27,000 in annual gross rental income from two occupied units. The first-floor salon rents for $800/month, while the furnished 2-bedroom, 2-bath upstairs apartment rents for $1,450/month. Both tenants are month-to-month, offering flexibility for investors and future owner-occupants. Renovated in 2022, the property features an updated apartment with hardwood floors, an open-concept living area, modern kitchen, and updated bathrooms. Additional highlights include a detached 1,000 SF garage with newer roof, approximately 400 SF of mezzanine space, basement, and ample on-site parking. Zoned B4 (General Business District), offering potential for a variety of business uses, subject to municipal approval. Conveniently located along the Mack Avenue corridor near Indian Village and West Village. A versatile investment with established rental income and additional upside potential!

Location

State MI

County Wayne

Zoning Commercial,Office,Recreat

Direction 8640 Mack Ave, Detroit, MI 48214

Rooms

Basement Basement

Interior

Heating Forced Air

Exterior

View Y/N No

Building

Foundation Block

Water Public

Structure Type Brick

Schools

School District Detroit

Others

Tax ID W17I000277C9

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Listed by KW Grosse Pointe

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*

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