HOW MUCH WOULD YOU LIKE TO OFFER FOR THIS PROPERTY?
7149 W Vernor Highway Detroit, MI 48209
6,240 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Real Estate Only
Listing Status Active
Purchase Type For Sale
Square Footage 6,240 sqft
Price per Sqft $160
Subdivision Hannans Ferndale
MLS Listing ID 20251037930
Year Built 1922
Annual Tax Amount $4,263
Lot Size 6,098 Sqft
Acres 0.14
Lot Dimensions 60X100
Property Sub-Type Real Estate Only
Source Realcomp II Ltd
Property Description
Situated on the infamous W. Vernor highway with extremely high demand & low inventory, within minutes of Downtown Detroit, The Gordie Howe and Ambassador Bridge, shopping, entertainment, all major freeways, and The New Michigan Central Station. Walking distance to: grocery markets, retail stores, restaurants, bike trails, green paths, parks, clinics, bus-stop just a few steps away, laundromat, banks, and entertainment with many new developments underway. This rare opportunity offers:
Three connected commercial units and three 2-bedroom apartments on the second floor on a high-traffic corner with constant foot traffic from locals and tourists.
Built on a strong foundation with durable structural & integrity, this property requires only light TLC; no full rehabilitation is necessary, making it perfect for passive investors seeking a steady return that offers 6 incomes, stability, versatility, and upside. abundance of street parking, 7+ vehicle concrete parking lot in the rear for additional parking, enclosed with an 8ft steel security fence and security lighting. Three two-bedroom large (1,1000 sf each) upper units, each featuring a large living room with a separate formal dining area, kitchen, bathroom, and two bedrooms, have been occupied by the same loyal tenants for over 20 years. Ideal for rental income or staff housing, each unit has separate utilities. Security shade for front street sealing to floor windows for added security, tons of natural lighting, Central air, & much more.
Location
State MI
County Wayne
Area Det South Of Grand River
Zoning Commercial,Multi-Family,Office,Recreation
Direction I-75 TO SPRINGWELLS - NORTH TO W VERNOR.
Interior
Heating Forced Air
Heat Source Natural Gas
Exterior
Road Frontage Paved
Building
Foundation Basement
Sewer Sewer (Sewer-Sanitary)
Water Public (Municipal), Water at Street
Level or Stories 2 Story
Structure Type Brick
Schools
School District Detroit
Others
Tax ID W18I001364S
Ownership Short Sale - No,Private Owned
Acceptable Financing Cash, Conventional, Warranty Deed
Listing Terms Cash, Conventional, Warranty Deed
Financing Cash,Conventional,Warranty Deed
Special Listing Condition Full Service
GET MORE INFORMATION