14400 - 16 GRAND RIVER Avenue

Detroit, Michigan48227


| 11500 sqft | MLS# 218007158



Sold $195,000

contact:
313.283.1873  Office

Description

Excellent income opportunity, mixed use building with good exposure on Grand River, close to expressway access. Six commercial store front units, three currently leased out with the fourth to take occupancy this next month. Building management by R.E.M.S, listing office. Two commercial units facing Mark Twain. There are also two apartment units with Grand River access and two apartment units facing Mark Twain. The building has a full basement and is being consistently updated, Starting with each units window / door, store front being replaced. Partial building has new rubber Duro-Last roofing, the heating system has been converted from steam to GFA per units. Not every unit is tenant ready especially the apartments. The sellers will consider land contract terms. R.E.MS processing fee of $295.00