8501 Puritan Ave Detroit, MI 48238
- Day care centers
- 6,956 SF
Current Use by Public Records
- Day care centers
Property Details for 8501 Puritan Ave
- Year built
- 1928
- Property size
- 6,956 SF
- Property type
- Day care centers
- Property subtype
- Retail properties
Description
This exceptional investment opportunity presents a multi-unit commercial property in Detroit, Michigan, encompassing two separate buildings totaling 6,956 square feet. Located at 8501 Puritan Ave and 8515 Puritan St, this property boasts a convenient location with on-site fenced rear parking. The main building at 8501 Puritan Ave offers 4,416 square feet, while the second building at 8515 Puritan St provides an additional 2,540 square feet. Currently configured as a daycare center, this property is zoned B2, offering flexibility for various commercial uses. Built in 1928, the buildings are classified as Class B. The property sits on a sizable 11,504 square foot lot, providing ample space. The asking price for this turnkey investment is $269,000. The property includes two units and features two buildings on separate parcels (APN: 16007535 | 16007536). This is a rare opportunity to acquire a well-located, established commercial property with significant potential.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Detroit
- County
- Wayne
- State
- Michigan
- Longitude
- -83.1547
- Latitude
- 42.4095
