Three-Story Mixed-Use
For Sale
Contact for pricing
7410 Kercheval Ave, Detroit, MI 48214
Newly constructed asset combines ground-floor retail with multifamily residences and parking behind the building.
Property SizeContact for details
Days on Market141
Property Features for 7410 Kercheval Ave
General Information
Standard status
Active
Property subtype
Mixed Use, Multifamily, Retail
Listing Agency:
Sold by Vie
Listed By:
Matt O'Laughlin · License #MI
Source:
Crexi
Added: Apr 12
Changed: Aug 30
Last Checked: Aug 30 at 4:37AM
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 Sold by Vie
Investment Insights
Based on property information with market context.
Completed in 2022, this three-story mixed-use property combines 9,000 square feet of ground-level retail space with 24 apartments. Residential interiors include hardwood flooring, open-concept kitchens, large windows, and either Juliet or walk-out balconies. Parking for both residents and commercial occupants is positioned behind the building.
The property is located across from the Butzel playground and family recreation center, with shops and food-and-beverage destinations nearby. Downtown, the East Riverfront, Indian Village, and West Village are also identified as part of the surrounding context, with walkable access to the latter two areas. The asset is within an opportunity zone and carries a transferable 15-year NEZ tax abatement that freezes taxes at a low rate.
The property is located across from the Butzel playground and family recreation center, with shops and food-and-beverage destinations nearby. Downtown, the East Riverfront, Indian Village, and West Village are also identified as part of the surrounding context, with walkable access to the latter two areas. The asset is within an opportunity zone and carries a transferable 15-year NEZ tax abatement that freezes taxes at a low rate.
Key Highlights
- 9,000 square feet of ground‑floor retail space
- 24 apartments in a three‑story building completed in 2022
- Residential units feature hardwood floors, open‑concept kitchens, large windows, and Juliet or walk‑out balconies
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
92
Businesses Nearby
Explore this area
Business Placement
Demographics for 48214, MI
18,959
Population
13,279
Households
1.4
Avg Household Size
44
Median Age
27%
College-Educated
84%
High-School Grad
5.1 sq mi
ZIP Area
3,717
Density / Sq Mi
$34,807
Median Household Income
$36,625
Median Earnings
$818
Median Rent
$120,500
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Newly constructed asset combines ground-floor retail with multifamily residences and parking behind the building.
Where is this mixed-use property located?
The property is located at 7410 Kercheval Ave Detroit, MI.
What are key features of this property?
This property features: 9,000 square feet of ground‑floor retail space; 24 apartments in a three‑story building completed in 2022; Residential units feature hardwood floors, open‑concept kitchens, large windows, and Juliet or walk‑out balconies
