Mixed-Use Retail & Residential
For Sale
$1,190,000
8116 Kercheval Ave, Detroit, MI 48214
Fully renovated mixed-use property with leased ground-floor retail and income-producing short-term rentals above.
Property SizeContact for details
Days on Market99
Property Features for 8116 Kercheval Ave
General Information
Standard status
Active
Property subtype
Retail, Multifamily
Zoning
B4
Additional Details
Business Included
Yes
Multifamily Units
3
Building Details
Year Renovated
2016
Stories
2
Tenancy
Multi
Listing Agency:
O'Connor Real Estate
(313) 704-2678
Listed By:
Vincent Mazzola · License #6501387170
(313) 704-2678
Source:
Cpix.resimplifi
Added: May 27
Changed: Aug 8
Last Checked: Sep 1 at 2:39PM
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 O'Connor Real Estate
Investment Insights
Based on property information with market context.
This fully renovated mixed-use building features both retail and residential components, completed in 2016. The ground floor is fully leased, with Two Birds operating as a bar and ice cream shop and Velvet Tower as a vintage clothing store. Two Birds is expanding into an adjacent retail space, adding flexibility to the existing retail footprint. The second floor includes three residential units, sized from 720 to 1,106 square feet, currently operated as short-term rentals. A wrap-around terrace and community space connects the buildings and provides additional usable outdoor area.
Located a block from neighborhood landmarks Sister Pie and Marrow, the property sits in a commercially established and desirable West Village setting. This balance of retail frontage below and rental operations above supports an efficient mixed-use ownership profile.
For buyers seeking an owner-operator or investment opportunity, the combination of fully leased ground-floor tenants and short-term rental income above offers multiple revenue streams within the same asset. The recently renovated condition, plus the connected terrace space and the ongoing retail expansion by Two Birds, can appeal to investors looking for a property that is already positioned for active, income-focused operation.
Located a block from neighborhood landmarks Sister Pie and Marrow, the property sits in a commercially established and desirable West Village setting. This balance of retail frontage below and rental operations above supports an efficient mixed-use ownership profile.
For buyers seeking an owner-operator or investment opportunity, the combination of fully leased ground-floor tenants and short-term rental income above offers multiple revenue streams within the same asset. The recently renovated condition, plus the connected terrace space and the ongoing retail expansion by Two Birds, can appeal to investors looking for a property that is already positioned for active, income-focused operation.
Key Highlights
- Buildings fully renovated in 2016 with both retail and residential units
- Ground floor is fully leased to Two Birds (bar and ice cream shop) and Velvet Tower (vintage clothing store)
- Second floor offers three residential units (720 to 1,106 SF) operating as short‑term rentals
Property Analytics
Property Profile
Current Use
Lease Details
3
Residential units
Multi-tenant
Tenancy
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
803
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?
Short term rental property - Fully renovated mixed-use property with leased ground-floor retail and income-producing short-term rentals above.
Where is this short term rental property located?
The property is located at 8116 Kercheval Ave Detroit, MI.
What is the asking price?
The asking price for this property is $1,190,000.
What are key features of this property?
This property features: Buildings fully renovated in 2016 with both retail and residential units; Ground floor is fully leased to Two Birds (bar and ice cream shop) and Velvet Tower (vintage clothing store); Second floor offers three residential units (720 to 1,106 SF) operating as short‑term rentals
