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Realtyflo Inc

team@realtyflo.com +1(313) 466-7253

$ 50,000

Est. payment -/mo

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22019 Fenkell ST Detroit, MI 48223

1,000 SqFt

UPDATED:

Key Details

Property Type Commercial

Sub Type RealEstateOnly

Listing Status Active

Purchase Type For Sale

Square Footage 1,000 sqft

Price per Sqft $50

Subdivision B E Taylors Brightmoor-Pierce

MLS Listing ID 20261050604

Year Built 1923

Lot Size 2,178 Sqft

Acres 0.05

Property Sub-Type RealEstateOnly

Property Description

Opportunity awaits at 22019 Fenkell Street in Detroit. This recently remodeled 1,000 SF commercial building offers a clean, flexible layout ideal for a variety of business uses including retail, office, professional service, medical/dental, convenience, restaurant, or general commercial use. The property features a refreshed interior, central air, forced-air heat, 220V electric, public water/sewer, security system, smoke detectors, outside lighting, sidewalk frontage, and a rubber roof. Located near Fenkell and Lahser, the property offers street visibility, on-site/on-street parking options, alley access, and a fenced area. Great opportunity for an owner-user, small business operator, or investor seeking an affordable commercial asset. With potential rental income of approximately $1,100/month, this property may offer a projected return of over 15% ROI, depending on final purchase price, lease terms, expenses, financing, and buyer's underwriting. Land contract terms available: $25,000 down, 8% interest, $1,500/month, 24-month term. Buyer/buyer's agent to verify all information, zoning, intended use, measurements, rental projections, expenses, ROI, and city requirements.

Location

State MI

County Wayne

Area Area05033Detschcraft6Grnfldlimits

Interior

Heating Forced Air, Natural Gas

Cooling Central Air

Fireplace No

Exterior

Parking Features AlleyAccess, Lighted, ParkingLot, OnSite, OnStreet, Other

Fence Fenced, Fencing Allowed

View Y/N No

Roof Type Rubber

Garage false

Building

Foundation Slab

Sewer Public Sewer

Water Public

New Construction No

Schools

School District Detroit

Others

Senior Community false

Acceptable Financing Cash, Contract, Conventional, QuitClaimsDeed, WarrantyDeed

Listing Terms Cash, Contract, Conventional, QuitClaimsDeed, WarrantyDeed

Special Listing Condition ShortSaleNo, Standard

Listed by Fadi Dabaja of EXP Realty Main

NEARBY SCHOOLS & PROPERTIES

Realtyflo Inc

Brokerage | License ID: 6505386963

+1(313) 466-7253

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