12401 Morang Ave Detroit, MI 48224

This exceptional investment opportunity presents a multi-tenant retail building located at 12401 Morang Avenue in Detroit, Michigan, 48224. The property, boasting 2,854 square feet, is currently occupied by a salon and a photo studio, providing immediate cash flow potential for the new owner. Built in 1955, the building is classified as Class C and is zoned B4, offering flexibility for a variety of commercial uses. The asking price is $119,000, translating to a price per square foot of $41.70. The property's APN is 21076821. This presents a strong value proposition in the Detroit market. The property's location in Wayne County offers convenient access to major transportation routes and a diverse customer base. This is an ideal opportunity for investors seeking a stable, income-generating asset with potential for future appreciation. The existing tenants provide a solid foundation for immediate returns, while the B4 zoning allows for a range of potential future uses and tenant diversification. Serious inquiries are encouraged to explore this promising investment further. Detailed financial information and property disclosures are available upon request.