12900 Joseph Campau St, Hamtramck, MI 48212-2217
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2020Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
B4 · Hamtramck, MIHamtramck. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.