$400,000
Est. payment /mo
1,980 SqFt
Pending
1417 Van Dyke ST Detroit, MI 48214
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Key Details
Property Type Commercial
Sub Type BusinessandRealEstate
Listing Status Pending
Purchase Type For Sale
Square Footage 1,980 sqft
Price per Sqft $202
Subdivision Shipherds Sub
MLS Listing ID 20261011292
Year Built 1917
Lot Size 4,791 Sqft
Acres 0.11
Property Sub-Type BusinessandRealEstate
Property Description
Unique mixed-use investment opportunity located at 1417 Van Dyke Ave, Detroit, MI. This three-story property features three income-producing units, including a street-level retail space currently operating as a bookstore, a successful Airbnb unit, and a residential rental. The bookstore space is presently vacant, offering immediate upside potential with projected rental income of approximately $1,400 per month once leased.
Property is being offered with both the business opportunity and the real estate, creating flexibility for owner-operators or investors seeking multiple income streams. Ideal for those looking to expand their portfolio with a versatile asset in a growing area. Strong potential for increased cash flow through lease-up and continued short-term rental operation. Gas and electric are on separate meters.
A rare chance to acquire a distinctive mixed-use property with built-in revenue and future growth potential.
Property is being offered with both the business opportunity and the real estate, creating flexibility for owner-operators or investors seeking multiple income streams. Ideal for those looking to expand their portfolio with a versatile asset in a growing area. Strong potential for increased cash flow through lease-up and continued short-term rental operation. Gas and electric are on separate meters.
A rare chance to acquire a distinctive mixed-use property with built-in revenue and future growth potential.
Location
State MI
County Wayne
Area Area05053Detwoodwardmcclellansomack
Interior
Heating Electric, Forced Air, Natural Gas
Fireplace No
Exterior
View Y/N No
Garage false
Building
Sewer Sewer At Street
Water Community
New Construction No
Schools
High Schools Detroit
School District Detroit
Others
Senior Community false
Acceptable Financing Cash, Conventional, WarrantyDeed
Listing Terms Cash, Conventional, WarrantyDeed
Special Listing Condition ShortSaleNo, Standard
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Listed by David Rabior of Clyde Realty LLC
NEARBY SCHOOL & BUSINESS
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