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    8116 Kercheval St Detroit, MI 48214

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    For Sale
    $1,190,000

    Three renovated mixed-use buildings with retail and residential units.

    Lot size:
    0.21 Acres

    Property Features for 8116 Kercheval St

    General Information

    Lot size
    0.21 Acres

    Building Details

    Year built
    1916

    Source: O'Connor Realty Detroit, LLC Agent Vincent Mazzola

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Kercheval Avenue Mixed-Use Buildings

    Located on Kercheval Avenue between Parker and Seminole Streets in Detroit’s West Village, the property consists of three historic mixed-use buildings. Fully renovated in 2016, the buildings include both retail and residential units. The ground floor is fully leased to Two Birds, a bar and ice cream shop currently expanding into an adjacent retail space, and Velvet Tower, a vintage clothing store. The second floor includes three residential units ranging from 720 to 1,106 square feet, currently operated as short-term rentals. The property features a wrap-around terrace/community space that connects the buildings and provides additional usable outdoor area. Positioned a block from neighborhood landmarks Sister Pie and Marrow, this property is located in a commercially established section of West Village.
    Location Intelligence

    Current Use by Public Records

    Bars

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Detroit
    County
    Wayne
    State
    Michigan
    Longitude
    -82.9980645
    Latitude
    42.358838

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    FAQs

    What type of property is this?
    Mixed-use property - Three renovated mixed-use buildings with retail and residential units.
    Where is this mixed-use property located?
    The property is located at 8116 Kercheval St Detroit, MI.
    What is the asking price?
    The asking price for this property is $1,190,000.
    What are key features of this property?
    This property features: - Prime location in Detroit's desirable West Village, near Sister Pie and Marrow.; - Fully renovated in 2016, mixed-use property with retail and residential units.; - Ground floor fully leased to established businesses (Two Birds and Velvet Tower).
    (313) 963-9891
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    8116 Kercheval St Detroit, MI 48214
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