11122-11138 HAYES ST Detroit MI 48213 MLS #20240082609

11122-11138 HAYES ST
Detroit, MI, 48213
$600,000
Beds
0 Baths
8,850 SqFt
0.33 Acres
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Welcome to our listing for an exceptional 8-unit commercial building located on the desirable eastside of Detroit. This well-maintained property presents a unique opportunity for residential and commercial investors alike. With its convenient location in a residential area, this building offers the potential for a variety of uses. Let’s explore the captivating features of this property: Desirable Residential Location: Situated in a sought-after residential area on the eastside of Detroit, this commercial building offers a peaceful and comfortable environment for tenants. Established Tenant: One of the units is occupied by a long-standing barber shop, providing a stable and consistent income stream. This tenant adds value and reliability to the property. Refurbished Exterior: The exterior of the building has been completely refurbished, showcasing a fresh and updated look. This modernized facade creates a positive first impression and attracts potential tenants. Updated Units: Each of the eight units in the building has been thoughtfully updated to ensure comfort and functionality. The modernized interiors are designed to meet the needs of both residential and commercial tenants. Versatility for Residential or Commercial Use: With a mix of residential and commercial units, this property offers flexibility for various types of tenants. It presents an excellent opportunity for those seeking a live-work space or small-scale businesses that cater to the local community. Ample Fenced-in Parking: The property boasts two spacious fenced-in parking lots, accommodating up to 30 cars. This convenient parking solution ensures ease of access for tenants and their visitors. This 8-unit commercial building in the residential eastside of Detroit offers a unique investment potential. With an established tenant, refurbished exterior, updated units, and ample parking, this property presents an opportunity to tap into the local community’s needs. BATVAI

Property Details

Price:
$600,000
MLS #:
20240082609
Status:
Active
Beds:
0
Baths:
0
Address:
11122-11138 HAYES ST
Type:
Commercial
Subtype:
Real Estate Only
Subdivision:
BARBERS HAYES BLVD PLATS
Neighborhood:
05055 – Det Con-Mors/Grat. Hstn/7 Mack
City:
Detroit
Listed Date:
Nov 1, 2024
State:
MI
Finished Sq Ft:
8,850
Total Sq Ft:
8,850
ZIP:
48213
Lot Size:
14,375 sqft / 0.33 acres (approx)
Year Built:
1939
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I’m a first-generation American with Italian roots. My journey combines family, real estate, and the American dream. Raised in a loving home, I embraced my Italian heritage and studied in Italy before returning to the US. As a mother of four, married for 30 years, my joy is family time. Real estate runs in my blood, inspired by my parents’ success in the industry. I earned my real estate license at 18, learned from a mentor at Century 21, and continued to grow at Remax. In 2022, I became the…

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Schools

School District:
Detroit

Interior

Exterior

Construction Materials
Block, Concrete

Financial

Net Operating Income
$4,000
Taxes
$11,355

Map

Community

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11122-11138 HAYES ST
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