14710 PLYMOUTH Road Detroit, MI $ 2,500,000
14710 PLYMOUTH Road
$ 2,500,000
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14710 PLYMOUTH Road

Detroit, MI, 48227
$ 2,500,000
Baths0.0 Sq 27,977

Monthly Estimate*

$ 16,616

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View a Virtual Tour
Studio

Commercial Property for sale in Detroit, MI

for $2,500,000. This 27,977 square foot building was built on a lot size of 0.53.

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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Commercial Active

Price

$ 2,500,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 12,331

Style

Commercial/Industrial

Lot Size

0.53

Town/City

Detroit

County/Region

Wayne

MLS | Web ID

60293169

Features
General
Possession At Close
Exterior Features Security Lighting
Water Public Water Public Water at Street
Status Active Active
Year Built 19
Subdivision BROADMOOR SUB (PLATS) MI
County Wayne
Class COM/IND/BUS OPP
Type Commercial/Industrial
Percent Ownership Private
Municipality Detroit
Zoning Mixed Use Commercial
Area Detroit (82001)
Primary City Detroit
Virtual Tour https://www.youtube.com/embed/FJwKmFYWCeU
Directions N of Plymouth/E of Greenfield
City Detroit
Street Name PLYMOUTH
Financial Terms Cash Conventional
Legal Description N PLYMOUTH 22 THRU 12 BROADMOOR SUB L41 P48 PLATS W C R 22/578 232.50 X 100
DOM 85
Postal Code 48227
Price Per Sq Ft Total 89.36
Coming Soon Prime Investment Opportunity – Diverse Commercial Property with Residential Units! Seize the opportunity to own this substantial mixed-use building encompassing approximately 28
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Exterior
Exterior Block Brick
Frontage 233
Lot Size Area 0.53
Lot Dimensions 233.00 x 100.00
Roads Paved Street
Waterfront Y/N No
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* Excluded Features
List By
Theodora Brown

Listing Agent

Century 21 Curran & Oberski

Broker

toni30@att.net

Email

Affordability Calculator

$17,643
Per Month
94%
6%
0%
Monthly Principal & Interest
$16,616
Monthly Property Taxes
$1,028
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
760529 Elementary School
760235 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
3/11/2024$2,500,000 Listed Price

Map


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14710 PLYMOUTH Road, Detroit, MI, 48227 is a Commercial Property for sale at $2,500,000 with 27,977 sqft and a lot size of 0.53. 14710 PLYMOUTH Road is a studio with 0.0 baths. The property's zip code is 48227 which is in Detroit, MI