$1,100,000
For Sale

12843 ARTESIAN STREET

Detroit, MI 48223
8000 sqft | 0.52 acres | #20240084209
Type:Purchase
Zone:Commercial

Description

Discover an exceptional investment opportunity with this versatile commercial building located in the heart of Detroit. Spanning 8,000 square feet, the property is divided into two 4,000-square-foot units, one of which is currently leased, providing immediate income. The second unit is available for a new tenant or owner use, offering a fantastic opportunity for customization to suit a variety of business needs. This property combines flexibility with profitability, making it ideal for investors looking to expand their portfolio. Whether you’re aiming to lease both units or operate your own business while generating rental income, this building is positioned to serve as a reliable, high-visibility asset in Detroit’s dynamic market. Don’t miss out on this chance to secure a valuable piece of real estate in a growing area!

  • Property Details
      • SubdivisionB E TAYLORS BRIGHTMOOR CONSOLIDATED RR SITES
      • Property SubtypeRealEstateOnly
      • Parcel NumberW22I085244S008
      • Sewer InformationPublicSewer
      • MLS #20240084209
      • MLS #20240084209
      • Original List Price$1,200,000
      • Property TypePurchase
      • School DistrictDetroit
      • Cost1100000
      • Utility SourcePublic
      • Taxes Annual$9,072
      • CountyWayne
      • Acres0.52
      • Square Feet8000
      • Days on Market (Cumulative)110

Location

Makia RushtonReal Estate Group
OR

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Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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