Retail Strip Center with
11122 Hayes Street Detroit, MI 48213
For Sale
Contact for pricing
Cash-flowing retail strip center with restaurant space and upside potential.
Property Size8,850 SF
Lot Size0.50 Acres
Price / SF$66.67
Days on Market611
Property Features for 11122 Hayes Street
General Information
- Standard status
- Active
- Size
- 8,850 SF
- Lot size
- 0.50 Acres
- Property subtype
- Special Purpose
Listing Agency:
CENTURY 21 Curran & Oberski Dearborn Heights
Listed By:
George Jarrous · License #434076
Source:
Crexi
Added: Nov 20, 2024
Changed: Jul 10
Last Checked: Jul 23 at 8:30AM
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 CENTURY 21 Curran & Oberski Dearborn Heights
Investment Insights
Based on property information with market context.
This retail strip center is situated on over half an acre and comprises 8 units, with 7 currently leased. The property generates a gross annual rental income of $84,000, equating to $7,000 per month. The tenant mix includes a barbershop, a beauty studio (leased by room), and a daycare center occupying two units. One unit is currently vacant and is a fully equipped restaurant space ready for occupancy or lease. The property features a front parking lot and a fenced side lot, providing ample off-street parking. This property presents an investment opportunity with steady cash flow and additional upside potential. The property size is 8850 square feet.
Key Highlights
- Steady cash flow of $7,000/month ($84,000 yearly) from 7 leased units.
- Fully equipped restaurant space available for immediate occupancy or lease.
- Strong tenant mix including barbershop, beauty studio, and daycare center.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Glory To God Christian ...
Church
FAQs
What type of property is this?
Strip mall - Cash-flowing retail strip center with restaurant space and upside potential.
Where is this strip mall located?
The property is located at 11122 Hayes Street Detroit, MI.
What is the asking price?
The asking price for this property is $590,000.
What are key features of this property?
This property features: Steady cash flow of $7,000/month ($84,000 yearly) from 7 leased units.; Fully equipped restaurant space available for immediate occupancy or lease.; Strong tenant mix including barbershop, beauty studio, and daycare center.
