23831 John R Rd Hazel Park, MI 48030
Leased mixed-use property with residential and commercial spaces.
Lot size:
0.09 AcresProperty Features for 23831 John R Rd
General Information
- Property type
- Investment
- Standard status
- Active
- Lot size
- 0.09 Acres
Building Details
- Year built
- 1951
Source:
Elliman
Listing Agent: Christine Winans
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
Hazel Park Mixed-Use Investment
This mixed-use property in downtown Hazel Park features three residential apartments and two commercial spaces, all currently leased. The residential units include a 1,567-square-foot, three-bedroom flat with an open-concept layout, a large living room, a dining room, an entry, an enclosed porch, and a laundry room with a washer and dryer. It has been renovated with quartz countertops, shaker cabinetry, and stainless-steel appliances and is currently leased for $1,890 per month. There is also a renovated 532-square-foot, one-bedroom flat with an open-concept layout, a living room, a kitchen-dining combo, and a bath, leased for $1,000 per month. Additionally, there is a completely renovated 336-square-foot studio with hardwood floors, a kitchen/dining area, a flex room, and a bath, leased for $850 per month. The commercial spaces include a 1,698-square-foot space with two large, versatile areas suitable for retail, office, or creative use, featuring a 38x19 main room and a 36x18 rear space, leased for $3,180 per month. The second commercial space is 847 square feet, offering a large, versatile area suitable for retail, office, or creative use, featuring a 38x19 main room, leased for $1,696 per month.
Location Intelligence
Current Use by Public Records
Retail space
Location Insight
- Map
- Local Demand
- City
- Hazel Park
- County
- Oakland
- State
- Michigan
- Longitude
- -83.1045767
- Latitude
- 42.4677433
Nearby Similar for Sale
FAQs
What type of property is this?
Mixed-use property - Leased mixed-use property with residential and commercial spaces.
Where is this mixed-use property located?
The property is located at 23831 John R Rd Hazel Park, MI.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: - Fully leased property providing immediate rental income from 3 residential apartments and 2 commercial spaces.; - Prime location in vibrant downtown Hazel Park, next to Mabel Gray restaurant.; - Impeccably renovated residential units feature quartz countertops, shaker cabinetry, and stainless-steel appliances.
