MLS#: 20250033886

$610,000 USD

  • Minimum sellable space
    822m²  (8,850ft²)
The details

Property features

Construction details

  • Year built: 1939

Area

  • Property size: 822m²  (8,850ft²)

Description

Cash-flowing retail strip center on over half an acre with 8 units total—7 currently leased and generating $7,000/month Grossing 84000 yearly in rental income. One vacancy remains: a fully equipped restaurant space ready for occupancy or lease. Strong tenant mix includes a barbershop, beauty studio (leased by room), and a daycare center occupying two units. Front parking lot plus fenced side lot provide ample off-street parking. Great investment opportunity with steady cash flow and additional upside potential. Do not bother tenants call for showing.

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Location

Detroit, Michigan