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Property profile & analytics

12900 Joseph Campau St Hamtramck, MI 48212-2217

  • Bars
  • 7,810 SF
  • 0.11 lot acres
OFF-MARKET
Last Sale
Apr 29, 2021
$75,000
Value Estimations
Cap Rate Potential
Location Intelligence
Property ID
US43-0895850
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Bars

Property Details for 12900 Joseph Campau St

Year built
1925
Lot size
0.11 lot acres
Property size
7,810 SF
Zone code
B4
Property type
Bars
APN
09011253.
APU
9011253

Description

This exceptional mixed-use property, situated at 12900 Joseph Campau in Hamtramck, Michigan, presents a unique investment opportunity. The 7,810 square foot building sits on a 0.11-acre lot at the border of Hamtramck and Detroit, just a block from Hamtramck's downtown area. The ground floor boasts a thriving restaurant, featuring over 100 seats, a substantial professional wet bar, a stage suitable for various events, and a fully equipped, large kitchen. Above the restaurant are three spacious apartments, each offering three bedrooms, a living room, a dining room, a kitchen, and a bathroom. Recent upgrades include a newly installed heating and cooling system, enhancing the overall efficiency and comfort of the building. The property has been meticulously updated throughout. This combination of established commercial income from the restaurant and the rental potential of the three apartments provides a strong foundation for a diverse and potentially lucrative investment. While all provided data is considered reliable, potential buyers are encouraged to independently verify all information. The asking price for this prime Hamtramck property is $1,100,000. This is an excellent opportunity for investors seeking a multi-faceted commercial property with significant upside potential in a rapidly developing area.


Value Estimations

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  • CAP approach

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Location Insight

  • Map
  • Local Demand
City
Hamtramck
County
Wayne
State
Michigan
Longitude
-83.0662
Latitude
42.4099
CBSA code
19820
CBSA name
DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2020
$1,950
$0.00
$0.00
$120,200
-
$0.00
$0.00
$240,400
More about this property
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