Mixed-Use Building with Four
For Sale
Contact for pricing
Pending
8547 Vernor W, Detroit, MI 48209
Mixed-use building with four upper apartments and a city-stabilized structure requiring interior finishing.
Property Size7,200 SF
Days on Market636
Property Features for 8547 Vernor W
General Information
Standard status
Pending
Size
7,200 SF
Property subtype
Mixed Use, Retail
Zoning
B4
Property Condition
Severity
Repairs Needed
Evidence
READY FOR FINISHING TOUCH
Building Details
Year Built
1925
Year Renovated
2024
Buildings
1
Stories
2
Listing Agency:
Summit Commercial LLC
Listed By:
Jason Gage · License #6504376893
Source:
Crexi
Added: Dec 2, 2024
Changed: Aug 30
Last Checked: Aug 30 at 3:07PM
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 Summit Commercial LLC
Investment Insights
Based on property information with market context.
This mixed-use property includes four upper-level apartments, each measuring 900 square feet with two bedrooms, one bathroom, a living room, and a kitchen. The building dates to 1925 and has been stabilized by the City of Detroit, with interior finishing work remaining for completion.
Located at 8547 Vernor W in Detroit, the property carries B4 zoning. Its combination of commercial space and residential units supports a mixed-use configuration within an established building.
Located at 8547 Vernor W in Detroit, the property carries B4 zoning. Its combination of commercial space and residential units supports a mixed-use configuration within an established building.
Key Highlights
- Four upper apartments, each measuring 900 SF
- Each apartment includes 2 bedrooms and 1 bathroom
- Apartment layouts include living rooms and kitchens
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
520
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Mixed-use building with four upper apartments and a city-stabilized structure requiring interior finishing.
Where is this mixed-use property located?
The property is located at 8547 Vernor W Detroit, MI.
What is the asking price?
The asking price for this property is $290,000.
What are key features of this property?
This property features: Four upper apartments, each measuring 900 SF; Each apartment includes 2 bedrooms and 1 bathroom; Apartment layouts include living rooms and kitchens
