16129 Mack Avenue, Detroit, MI 48224

$249,900

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List Price
$249,900
Days on Market
31
MLS#
20261064073
Status
ACTIVE
Type
Commercial

Property Description

Excellent mixed-use investment opportunity at 16129 Mack Ave, Detroit, MI 48224, prominently positioned at the corner of Mack Avenue and Bedford, directly across from Grosse Pointe Park. This two-story brick building offers a versatile combination of established commercial tenancy and residential income potential, all situated over a full basement. The ground floor consists of three storefront units currently occupied by two long-term, multi-year tenants. One storefront is occupied by an established barber shop, while the adjoining two units are occupied by a health food store/wellness center. Existing commercial tenants provide an attractive foundation of income for an investor looking to add value over time. The upper level features four residential apartments, including one studio, one 1-bedroom unit, and two 2-bedroom units, with two separate street-level entrances providing access to the residential portion of the building. The property offers substantial space and character, including a full basement for additional utility and storage. While the building needs updating and improvements, its combination of mixed-use zoning potential, existing commercial tenants, multiple residential units, corner visibility, and proximity to Grosse Pointe Park creates significant upside for an investor or owner looking for a value-add opportunity. Bring your vision and unlock the income-producing potential of this well-located Mack Avenue property. Buyer and buyer's agent to verify all information, permitted uses, unit configurations, and municipal requirements.

Additional Information

Taxes
$5,799
Acres
0.07
Basement
Basement
Heating
Radiant
Roofing
Rubber
School District
Detroit
Water
Public

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Calculator source: Real Geeks

Listing courtesy of Listing Agent: Jason I Minnick from Listing Office: Market Elite Inc.

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