About 1417 Van Dyke Street
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.
Features of 1417 Van Dyke Street
| MLS® # | 20261011292 |
|---|---|
| Price | $400,000 |
| Bathrooms | 0.00 |
| Square Footage | 1,980 |
| Acres | 0.11 |
| Year Built | 1917 |
| Type | Commercial |
| Status | Pending |
Community Information
| Address | 1417 Van Dyke Street |
|---|---|
| Area | 05053 - Det Woodward-Mcclellan/So Mack |
| Subdivision | SHIPHERDS SUB |
| City | Detroit city |
| County | Wayne |
| State | Michigan |
| Zip Code | 48214 |
Amenities
| Is Waterfront | No |
|---|---|
| Has Pool | No |
Interior
| Heating | Electric, Forced Air, Natural Gas |
|---|---|
| Fireplace | No |
Exterior
| Construction | Cedar, Wood Siding |
|---|
School Information
| District | Detroit |
|---|
Additional Information
| Foreclosure | No |
|---|---|
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | Clyde Realty LLC |
|---|---|
| Contact Info | davidrabior@gmail.com |