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14710 Plymouth Road

$2,000,000

14710 Plymouth Road, Detroit, MI 48227

Active
Last Updated: 08/25/2024

27,977 sqft

Building Size

0.53 acres

Lot Area

Details:
Building Size:    27,977 sqft
Lot Area:    0.53 acres
Year Built:    1962
MlsNumber:    20240013428
Highlights:
  • Annual Tax: $ 12331.0
  • Water: Municipal Water
  • General: Smoke Detector
  • Exterior Description: Brick
Description:

N of Plymouth/E of Greenfield

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.

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Location
Gallery