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15523 Mack Ave Detroit, MI 48224

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For Sale
$1,000,000

Mixed-use building with residential and commercial units near Grosse Pointe.

Type:Commercial
Added:
Apr 24, 2026
Days on Market:
5
Last Refresh:
Apr 24 at 3:35 pm

Property Features for 15523 Mack Ave

General Information

Standard status
Active
Property subtype
Commercial

Building Details

Year Built
1929

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Listing Contact
D'Asia P Taylor

Listing agent D'Asia P Taylor License #6501418855

Listing office Golden Key Realty Group LLC

Listing date Apr 24, 2026

Source Elliman

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

All listing content including descriptions, pricing, images are the copyrighted material of Golden Key Realty Group LLC


Overview

Mixed-Use Investment Opportunity

This mixed-use building presents an investment opportunity, featuring a total of 20 units. It includes 18 residential units, consisting of 4 studios, 12 one-bedroom units, and 2 two-bedroom units, along with 2 commercial spaces. Each residential unit is equipped with 1 bathroom. The property is located across from Grosse Pointe, offering proximity to its amenities with Detroit pricing. The building's configuration includes a garden/basement level with 2 one-bedroom units and 2 commercial units. 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 location is walkable to everyday conveniences such as Aldi, Dollar Tree, and Huntington Bank, as well as public transportation, nearby restaurants, and retail options. It is 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 and shovel ready for development. There are no known special assessments or encroachments. On-street parking is available, along 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 seller may be open to Land Contract terms.
Location Intelligence

Current Use by Public Records

Retail space

Suggested Use

Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Accounting Firm

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

Location Insight

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  • Local Demand
City
Detroit
County
Wayne
State
Michigan
Longitude
-82.9413106
Latitude
42.3886549

FAQs

What type of property is this?
Mixed-use property - Mixed-use building with residential and commercial units near Grosse Pointe.
Where is this mixed-use property located?
The property is located at 15523 Mack Ave 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 through rent stabilization and income maximization.
More about this property
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