Detroit, MI 48224
MLS# 20261064073
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.
Listed by Jason I Minnick · Market Elite Inc
Estimate only — principal & interest, no taxes or insurance. Rates change daily; confirm with your lender.
$1,264/mo
$49,980 down · $199,920 financed
Listing information is deemed reliable but not guaranteed and is provided exclusively for consumers' personal, non-commercial use. Listings are provided courtesy of the participating listing broker. This information is believed accurate but is not warranted and all measurements and calculations are approximate.
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