Mixed-Use Property with Detached
New
For Sale
$325,000
8640 Mack Ave, Detroit, MI 48214
B4 zoning and two occupied units accommodate a ground-floor salon and furnished upstairs apartment.
Property Size2,622 SF
Price / SF$78.88
Days on Market2
Property Features for 8640 Mack Ave
General Information
Standard status
Active
Size
2,622 SF
Property subtype
Commercial
Zoning
B4
Occupancy
100%
Financials
Asking Price
$325,000
Gross Income
$27,000
Average Monthly Rent
$1,450
Site & Location
Neighborhood
Indian Village
Road Access
Yes
Mixed-Use Components
retail, residential
Units
Unit Mix
1 x 2BR/2BA
Multifamily Units
1
Tenancy & Operations
Currently Operating
Yes
Tenant in Place
Yes
Additional Details
Furnished
Yes
Taxes and HOA fees
Annual Taxes
$8,226
Building Details
Building Size
2,622 SF
Year Built
1970
Year Renovated
2022
Buildings
2
Units
2
Tenancy
Multi
Listing Agency:
KW Great Lakes
Listed By:
Ryan Lally · License #6501398300
(313) 288-0434
Source:
Elliman
Added: Nov 3
Last Checked: Nov 3 at 3:05PM
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 KW Great Lakes
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Investment Insights
Based on property information with market context.
This 4,120 SF mixed-use building contains two occupied units: a ground-floor salon and a furnished, two-bedroom, two-bath apartment above. The apartment was renovated in 2022 and has hardwood floors, an open living area, a modern kitchen, and updated bathrooms. Other improvements include a detached 1,000 SF garage with a newer roof, approximately 400 SF of mezzanine space, a basement, and on-site parking.
The property is on Mack Avenue near Indian Village and West Village. It is zoned B4, General Business District; any business use remains subject to municipal approval.
The property is on Mack Avenue near Indian Village and West Village. It is zoned B4, General Business District; any business use remains subject to municipal approval.
Key Highlights
- 4,120 SF mixed‑use building with two occupied units
- Ground‑floor salon and furnished upstairs apartment with 2 bedrooms and 2 bathrooms
- Apartment renovated in 2022 with hardwood floors and updated kitchen and bathrooms
Property Analytics
Who owns this building?
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Current Use
Lease Details
1
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
223
Businesses Nearby
12k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
Citgo
Shops & Services
5,910 visits/mo
0.5 miles
Sunoco
Shops & Services
5,795 visits/mo
0.5 miles
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
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Market
Vacancy Rate% for Retail in Detroit, MI
Frequently Asked Questions
What type of property is this?
Mixed-use property - B4 zoning and two occupied units accommodate a ground-floor salon and furnished upstairs apartment.
Where is this mixed-use property located?
The property is located at 8640 Mack Ave Detroit, MI.
What is the asking price?
The asking price for this property is $325,000.
What are key features of this property?
This property features: 4,120 SF mixed‑use building with two occupied units; Ground‑floor salon and furnished upstairs apartment with 2 bedrooms and 2 bathrooms; Apartment renovated in 2022 with hardwood floors and updated kitchen and bathrooms
