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16129 Mack Avenue, Detroit city, Michigan

$249,900

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5,984

Square feet

0.07

Acres

About 16129 Mack Avenue

Excellent mixed-use investment opportunity at 16129 Mack Ave, Detroit, MI 48224, prominently positioned at the corner of Mack Avenue and Bedford, directly across from Grosse Pointe Park. This two-story brick building offers a versatile combination of established commercial tenancy and residential income potential, all situated over a full basement. The ground floor consists of three storefront units currently occupied by two long-term, multi-year tenants. One storefront is occupied by an established barber shop, while the adjoining two units are occupied by a health food store/wellness center. Existing commercial tenants provide an attractive foundation of income for an investor looking to add value over time. The upper level features four residential apartments, including one studio, one 1-bedroom unit, and two 2-bedroom units, with two separate street-level entrances providing access to the residential portion of the building. The property offers substantial space and character, including a full basement for additional utility and storage. While the building needs updating and improvements, its combination of mixed-use zoning potential, existing commercial tenants, multiple residential units, corner visibility, and proximity to Grosse Pointe Park creates significant upside for an investor or owner looking for a value-add opportunity. Bring your vision and unlock the income-producing potential of this well-located Mack Avenue property. Buyer and buyer's agent to verify all information, permitted uses, unit configurations, and municipal requirements.

Features of 16129 Mack Avenue

MLS® # 20261064073
Price $249,900
Bathrooms 0.00
Square Footage 5,984
Acres 0.07
Year Built 1930
Type Commercial
Status Active

Community Information

Address 16129 Mack Avenue
Area 05055 - Det Con-Mors/Grat. Hstn/7 Mack
Subdivision EAST DETROIT DEV COS 1
City Detroit city
County Wayne
State Michigan
Zip Code 48224

Amenities

Parking On Street, Alley Access
Is Waterfront No
Has Pool No

Interior

Heating Natural Gas, Radiant
Fireplace No

Exterior

Construction Brick
Foundation Basement, Brick/Mortar

School Information

District Detroit

Additional Information

Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeMarket Elite Inc
Contact Infojason@marketelite.com

Listing Map

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