8636 Mack Ave Detroit, MI 48214
- Retail properties
- 4,500 SF
- 0.19 lot acres
Current Use by Public Records
- Victory The Beauty In You, LLC / Beauty Salon
- Exclusively Hair & Body / Beauty Salon / Hair Salon
Property Details for 8636 Mack Ave
- Year built
- 1950
- Lot size
- 0.19 lot acres
- Property size
- 4,500 SF
- Property type
- Retail properties
- Property subtype
- Apartment buildings
Description
This exceptional Detroit investment property, located at 8636 Mack Avenue, presents a unique live/work opportunity. The building, constructed in 1950 and extensively renovated in 2023, features a two-story structure encompassing 4,500 square feet on a 0.19-acre lot. The property is zoned B4 and includes a fully occupied, two-unit apartment building with a ground-floor retail space. The upper level boasts a fully furnished, two-bedroom, two-bathroom apartment with an in-unit washer/dryer, currently occupied month-to-month by a reliable tenant. The ground floor houses a long-term salon tenant. Ample parking is available with 15 spaces, including a two-door attached garage with high ceilings and a gated parking lot. The asking price is $359,000, translating to $79.78 per square foot. This property offers a strong return on investment due to its 100% occupancy rate and desirable Indian Village location in Wayne County, Michigan, zip code 48214. The property's features, including the renovated apartment and established retail tenant, make it an attractive proposition for owner-users seeking a blend of residential and commercial income. The property's address is 8636 Mack Ave, Detroit, MI 48214, with APN 17-0002779.
Value Estimation
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Detroit
- County
- Wayne
- State
- Michigan
- Longitude
- -82.9996
- Latitude
- 42.3694
