Mixed-Use Building with Two
For Sale
Contact for pricing
16666 James Couzens Freeway, Detroit, MI 48221
Two ground-floor storefronts plus a newly renovated rental apartment above, with covered parking in Detroit.
Property Size2,324 SF
Price / SF$107.57
Days on Market190
Property Features for 16666 James Couzens Freeway
General Information
Standard status
Active
Size
2,324 SF
Total Parking Spaces
1
Property subtype
Business for Sale, Mixed Use
Additional Details
Multifamily Units
1
Building Details
Year Built
1941
Tenancy
Multi
Listing Agency:
Keller Williams Realty-Great Lakes
Listed By:
Victoria McKay · License #MI 6502427681
Source:
Crexi
Added: Jan 29
Changed: Jul 10
Last Checked: Aug 4 at 5:14AM
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 Keller Williams Realty-Great Lakes
Investment Insights
Based on property information with market context.
This mixed-use commercial building offers two storefront spaces on the lower level and a residential unit on the second floor. The lower level includes two commercial storefronts, with one currently rented to a barber and the other in the process of being rented out. A covered 1-car garage is included with the property. Upstairs, there is a newly renovated 2-bedroom, 1-bath apartment that is currently rented for $2,000 per month.
The building is located at 16666 James Couzens Freeway in Detroit, MI 48221. It shares a wall with 16676 James Couzens, creating a connected multi-property setup along the same corridor.
For an owner-operator, the configuration supports leasing storefront space while generating rental income from the apartment above. For an investor, the property provides diversified income streams through existing tenant occupancy on the lower level and a separately leased residential unit. The practical mix of retail fronting and upstairs housing can appeal to buyers looking for a straightforward live-and-lease style arrangement within a single asset.
The building is located at 16666 James Couzens Freeway in Detroit, MI 48221. It shares a wall with 16676 James Couzens, creating a connected multi-property setup along the same corridor.
For an owner-operator, the configuration supports leasing storefront space while generating rental income from the apartment above. For an investor, the property provides diversified income streams through existing tenant occupancy on the lower level and a separately leased residential unit. The practical mix of retail fronting and upstairs housing can appeal to buyers looking for a straightforward live-and-lease style arrangement within a single asset.
Key Highlights
- 1941 mixed‑use building with two ground‑floor commercial/store‑front spaces plus a 2‑bedroom apartment on the second floor
- One lower storefront is currently rented to a barber; the other storefront is in the process of being rented out
- Second‑floor unit is a newly renovated 2‑bedroom, 1‑bath apartment currently rented for $2,000/month
Property Analytics
Property Profile
Current Use
Lease Details
1
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
924
Businesses Nearby
35k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 70%
Dining 30%
BP
Shops & Services
13,733 visits/mo
0.4 miles
White Castle
Dining
10,521 visits/mo
0.4 miles
Citgo
Shops & Services
6,034 visits/mo
0.2 miles
Citgo
Shops & Services
4,402 visits/mo
0.5 miles
Demographics for 48221, MI
38,204
Population
17,452
Households
2.2
Avg Household Size
38
Median Age
29%
College-Educated
90%
High-School Grad
5.2 sq mi
ZIP Area
7,347
Density / Sq Mi
$55,583
Median Household Income
$37,019
Median Earnings
$1,174
Median Rent
$138,700
Median Home Value
Market
Vacancy Rate% for Retail in Detroit, MI
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Two ground-floor storefronts plus a newly renovated rental apartment above, with covered parking in Detroit.
Where is this mixed-use property located?
The property is located at 16666 James Couzens Freeway Detroit, MI.
What is the asking price?
The asking price for this property is $250,000.
What are key features of this property?
This property features: 1941 mixed‑use building with two ground‑floor commercial/store‑front spaces plus a 2‑bedroom apartment on the second floor; One lower storefront is currently rented to a barber; the other storefront is in the process of being rented out; Second‑floor unit is a newly renovated 2‑bedroom, 1‑bath apartment currently rented for $2,000/month
