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Mixed-Use Property with Retail Space
For Sale
$280,000

4027 Oliver Street, Detroit, MI 48211

Combined commercial and residential property with dedicated entrances, apartment units, and existing refrigeration equipment.

Property Size3,888 SF
Price / SF$72.02
Days on Market20

Property Features for 4027 Oliver Street

General Information

Standard status Active
Size 3,888 SF
Property subtype Residential Income
Zoning Multi-Family
Lease Term Cash, Conventional

Taxes and HOA fees

Annual Taxes $858

Amenities

walk-in cooler
deli bar
refrigeration
wall cooler units

Building Details

Building Size 3,888 SF
Year Built 1924
Stories 2
Units 3
Listing Agency: Mutual Realty, LLC
Listed By: Georgia Heppard
Source: Sabudarealty
Added: Aug 5 Changed: Aug 23 Last Checked: Aug 23 at 6:44AM

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 Mutual Realty, LLC

Investment Insights

Based on property information with market context.

This 1924 mixed-use property combines a commercial area with three residential units. The commercial space includes a walk-in cooler, deli bar, refrigeration, and wall-mounted cooler units, with stated potential for grocery, butcher shop, or general retail use. The first-floor apartment provides a bedroom, kitchen, dining room, office, and living room. Two additional apartments are located upstairs, each with a kitchen, living room, bathroom, and two bedrooms; one also includes an office.

The upper residences are reached through private entrances. Two apartments have forced-air heating and the remaining unit uses a boiler. A basement adds a lavatory and storage area. The property is located on Oliver St in Detroit, with a Walk Score of 72, a Bike Score of 69, and a Transit Score of 36.

Key Highlights

  • Mixed‑use property with commercial space and three apartments
  • Commercial area includes walk‑in cooler, deli bar, refrigeration, and wall cooler units
  • Commercial space can support grocery, butcher shop, or retail use

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Law Firm Real Estate Agency HVAC Service Daycare Center Nail Salon Electrical Service

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

Location Intelligence

Trade Area within ½ mile

364
Businesses Nearby

Demographics for 48211, MI

5,447
Population
2,518
Households
2.2
Avg Household Size
32
Median Age
16%
College-Educated
74%
High-School Grad
4.2 sq mi
ZIP Area
1,297
Density / Sq Mi
$33,347
Median Household Income
$23,172
Median Earnings
$985
Median Rent
$66,900
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 - Combined commercial and residential property with dedicated entrances, apartment units, and existing refrigeration equipment.
Where is this mixed-use property located?
The property is located at 4027 Oliver Street Detroit, MI.
What is the asking price?
The asking price for this property is $280,000.
What are key features of this property?
This property features: Mixed‑use property with commercial space and three apartments; Commercial area includes walk‑in cooler, deli bar, refrigeration, and wall cooler units; Commercial space can support grocery, butcher shop, or retail use
More about this property
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