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Mixed-Use Portfolio with Parking
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4600 Vernor Hwy, Detroit, MI 48209

Four-property assemblage combines commercial space, residential units, a standalone home, and a paved parking area.

Property SizeContact for details
Days on Market142

Property Features for 4600 Vernor Hwy

General Information

Standard status Active
Total Parking Spaces 20
Property subtype Mixed Use, Multifamily, Retail

Site & Location

Corner Location Yes
Road Access Yes
Public Transit Yes

Building Details

Buildings 3
Listing Agency: Tarick Salmaci
Listed By: Tarick Salmaci · License #368289
Source: Crexi
Added: Apr 11 Changed: Aug 30 Last Checked: Aug 30 at 9:11AM

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 Tarick Salmaci

Investment Insights

Based on property information with market context.

This mixed-use assemblage includes two commercial buildings, a paved parking lot, and a residential home. The 2,600-square-foot building at 4600 W Vernor has a barbershop on the entry level, two vacant residential units above, a month-to-month lease, and a new roof. The 3,964-square-foot building at 4616-18 W Vernor is vacant, with retail space on the lower level and two one-bedroom units upstairs; it also has a new roof. The portfolio includes a vacant home at 1919 McKinstry St. and a 0.10-acre paved lot at 4608 W Vernor with parking for 20 cars. The lot includes a sewer line and a completed approach with pulled permits.

The properties are located on a hard corner in Detroit’s Vernor Southwest area, with 90 feet of frontage. The assemblage is near the Ford train station and a short drive from downtown Detroit.

Key Highlights

  • Two mixed‑use buildings with retail and residential components
  • 2,600‑square‑foot building at 4600 W Vernor with barbershop and two upper‑level residential units
  • 3,964‑square‑foot vacant mixed‑use building at 4616‑18 W Vernor

Property Analytics

Current Use

Guero's Barber Shop Barber Shop

Suggested Use

Top Pick Real Estate Agency Hair Salon Spa & Massage Center Nail Salon Law Firm Skin Care Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

600
Businesses Nearby

Demographics for 48209, MI

27,096
Population
11,020
Households
2.5
Avg Household Size
30
Median Age
10%
College-Educated
61%
High-School Grad
6.8 sq mi
ZIP Area
3,985
Density / Sq Mi
$42,152
Median Household Income
$30,091
Median Earnings
$843
Median Rent
$82,800
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Four-property assemblage combines commercial space, residential units, a standalone home, and a paved parking area.
Where is this mixed-use property located?
The property is located at 4600 Vernor Hwy Detroit, MI.
What are key features of this property?
This property features: Two mixed‑use buildings with retail and residential components; 2,600‑square‑foot building at 4600 W Vernor with barbershop and two upper‑level residential units; 3,964‑square‑foot vacant mixed‑use building at 4616‑18 W Vernor
More about this property
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