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Jim Blehm

Team Owner, Realtor® | The Blehm Group | Keller Williams

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14318 E Jefferson Ave , Detroit, MI 48215
$749,900
Est. Payment: $1,666.44/mo
0 Bed
5 Bath
5874 Sqft
Status: Active | Days on site: 20
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By proceeding and clicking the sign up button, you consent to receive calls and texts (SMS/MMS) including marketing and promotional communications, from , its affiliates, and agents or vendors acting on their behalf. These communications may be delivered using an automatic telephone dialing system or by using an artificial or prerecorded voice. Message and data rates may apply. To opt out of text messages, reply STOP. Your consent is not required as a condition of any purchase. By continuing, you also agree to our Terms of Use and Privacy Policy.
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House Description

In one of Detroit's most rapidly appreciating commercial corridors, mixed-use property sits on Grosse Pointe boarder. Offering a robust blend of immediate cash flow and substantial value-add potential, 5,874 Ft. building is set for investor & or occupant, featuring 3 commercial storefronts & 2X 1425 ft! upper-level apartments. Commercial Footprint (3 Storefronts) Each retail space is approx. 1,000 ft. & features its own private basement for storage. Active, established Men's Barber Shop. Beauty Salon or...you name it...? & a prime, vacant restaurant space complete with existing commercial kitchen equipment & Table space . Plus Residential Living 2 Spacious Upper Aparts, 2-bedroom, 1,425 ft. each, 1-occupied at $1300 per mo. & 1 vacant *Land contract Available* asking 50% down/make offer. In one of Detroit's most rapidly appreciating commercial corridors, mixed-use property sits on Grosse Pointe boarder. Offering a robust blend of immediate cash flow and substantial value-add potential, 5,874 Ft. building is set for investor & or occupant, featuring 3 commercial storefronts & 2X 1425 ft! upper-level apartments. Commercial Footprint (3 Storefronts) Each retail space is approx. 1,000 ft. & features its own private basement for storage. Active, established Men's Barber Shop. Beauty Salon or...you name it...? & a prime, vacant restaurant space complete with existing commercial kitchen equipment & Table space . Plus Residential Living 2 Spacious Upper Aparts, 2-bedroom, 1,425 ft. each, 1-occupied at $1300 per mo. & 1 vacant *Land contract Available* asking 50% down/make offer.
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Highlights

Listed by John Wallen , 248-755-1124 Michigan Dream Homes, LLC , 313-399-5398.

Property Type

Commercial Sale
Lot/Acreage
0.16

Year Built

1924

County

Wayne

 School District

Detroit

Listing ID

26045695

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:0
  • ▪ Bathrooms:5
  • ▪ Full Bathrooms:5
Other:
  • ▪ Additional:Broadband

Exterior Features
Principal Interest
$1,666
Taxes
$216

Home Price

$749,900

Loan Details

30 yrs
%

Down Payment

20%
$149,980
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$1,666.44

Principal

Taxes

Principal Taxes HOA Total
Monthly $1,666.44 $216.42 $0.00 $1,882.86
Yearly $19,997.33 $2,597.00 $0.00 $22,594.33
Total $599,920.00 $77,910.00 $0.00 $677,830.00

Today's Rates

30 Year

0%

20 Year

0%

15 Year

0%

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Market insight data is pulled from the same city as the listing being viewed (Detroit, MI).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.