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$ 650,000
Est. payment | /mo
6,642 SqFt
$ 650,000
Est. payment | /mo
6,642 SqFt
Key Details
Property Type Commercial
Sub Type Commercial/Industrial
Listing Status Active
Purchase Type For Sale
Square Footage 6,642 sqft
Price per Sqft $97
Subdivision Mi
MLS Listing ID 61022801
Annual Tax Amount $7,522
Lot Size 4,356 Sqft
Acres 0.1
Lot Dimensions 42X98.56
Property Sub-Type Commercial/Industrial
Property Description
Rare mixed-use investment opportunity at the prominent corner of Van Born and Telegraph! This versatile property combines two commercial storefronts with two leased residential apartments, creating multiple income streams and plenty of flexibility for an investor or owner-user. The commercial level features two distinct spaces, each with its own character and established use. The hair salon offers a welcoming lobby, private restroom, and multiple individual suites, making the layout ideal for a salon, wellness business, professional services, or similar use. The second commercial space is currently being used as a photography studio, offering a large open area and its own private bathroom. Both storefronts provide excellent flexibility for continued use by the existing businesses or future ventures. Additionally, two residential apartments, with almost 1500 square feet apiece, provide additional income, each offering a spacious and open floor plan, 3-bedroom, 1-bath layout. Both units are currently leased, adding established residential income to the property's commercial potential. The sale also includes the neighboring garage and parking lot, providing valuable additional space for parking, storage, business operations, or future possibilities. With its highly visible corner location at Van Born and Telegraph, diverse tenant mix, and combination of commercial and residential spaces, this property offers an uncommon opportunity to build income from multiple uses within one property. Profit/expense sheet and recent improvements in attachments. Schedule your showing today!
Location
State MI
County Wayne
Area Taylor (82131)
Zoning Professional Office,Commercial,Residential
Interior
Heating Forced Air
Exterior
Roof Type Asphalt
Building
Foundation Slab
Water Public Water
Structure Type Brick,Other
Others
Ownership Private
Financing Cash,Conventional
Virtual Tour https://www.propertypanorama.com/instaview/nocbor/20261065070
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Listed by Keller Williams Advantage
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Shannon Bagdonas
Team Lead / Broker Partner