15523 Mack Avenue Detroit, MI 48224
Business And Real Estate - Detroit, MI
Property size:
10,344 SFLot size:
0.17 AcresPrice / SF:
$96/SF- Added:
- Mar 11, 2026
- Days on Market:
- 58
- Last Refresh:
- May 7 at 6:06 pm
Property Features for 15523 Mack Avenue
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- Commercial,Multi-Family,Multiple,Residential
- Standard status
- Active
- APN
- W21I001422S
- Size
- 10,344 SF
- Lot size
- 0.17 Acres
Taxes and HOA fees
- Tax Annual Amount
- 24808
Building Details
- Year built
- 1929
- Floors in Building
- 2
- Building materials
- Brick
- Architectural style
- Other
Listing agent D'Asia P Taylor (313) 290-3716
Listing office Golden Key Realty Group LLC 1120 E Long Lake Ste 201, Troy, MI (248) 422-6962
Listing date Mar 11, 2026
MLS# 20261015545
Listing URL
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HighLights
- Prime mixed‑use investment opportunity with 20 total units (18 residential, 2 commercial) offering a versatile rental mix.
- Advantageous location directly across from Grosse Pointe, offering proximity at Detroit pricing.
- Strong value‑add potential with ability to stabilize rents and maximize income, plus potential eligibility for multiple incentive programs.
- Architectural drawings approved and shovel ready for development.
- Walkable to everyday conveniences and a short drive to Beaumont Hospital, Trader Joe’s, and Starbucks.
- Seller may be open to Land Contract terms.
Overview
Detroit Mixed-Use Investment Opportunity
This mixed-use building presents an investment opportunity with 20 total units, including 18 residential units and 2 commercial spaces. The residential units comprise 4 studios, 12 one-bedroom units, and 2 two-bedroom units, each with 1 bathroom. Positioned across from Grosse Pointe, the property benefits from proximity to Grosse Pointe with Detroit pricing. The building includes 2 one-bedroom units and 2 commercial units on the garden/basement level. The first and second floors each feature a mix of studios, one-bedroom, and two-bedroom units with layouts ranging from approximately 435 to 599 square feet, plus shared common areas. The second floor mirrors the first. The property is walkable to Aldi, Dollar Tree, Huntington Bank, public transportation, and nearby restaurants and retail. It is also a 5-minute drive to Beaumont Hospital, Trader Joe’s, and Starbucks, with quick access to Chick-fil-A and Chipotle Mexican Grill along Mack Ave, and approximately 15 minutes to Little Caesars Arena and Downtown Detroit. Architectural drawings are approved, making the property shovel-ready for development. On-street parking is available with rear alley access. The property offers upside with the ability to stabilize rents and maximize income and may qualify for incentive programs, including Brownfield TIF, OPRA, PILOT programs, SBA financing (commercial), and potential 4% LIHTC eligibility. The lot size is 0.17 acres and the property size is 10344 square feet. The zoning is Commercial, Multi-Family, Multiple, and Residential.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Retail space
Location Insight
- Map
- Local Demand
- City
- Detroit
- County
- Wayne
- State
- Michigan
- Longitude
- -82.9413106
- Latitude
- 42.3886549
Nearby Similar for Sale
FAQs
What type of property is this?
Mixed-use property - Mixed-use building with 20 units near Grosse Pointe.
Where is this mixed-use property located?
The property is located at 15523 Mack Avenue Detroit, MI.
What is the asking price?
The asking price for this property is $1,000,000.
What are key features of this property?
This property features: Prime mixed‑use investment opportunity with 20 total units (18 residential, 2 commercial) offering a versatile rental mix.; Advantageous location directly across from Grosse Pointe, offering proximity at Detroit pricing.; Strong value‑add potential with ability to stabilize rents and maximize income, plus potential eligibility for multiple incentive programs.
