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Sold

4458 W VERNOR

4458 W VERNOR, Detroit City, MI 48209

$302,000

Situated in the heart of Detroit's cultural and colorful Southwest neighborhood- 4458 W. Vernor is the perfect location for small business and residential enjoyment. It is located a few doors down from award-winning restaurant Flowers of Vietnam, is one block from local favorites: Mexican Town Bakery, Mutiny Bar, the idyllic Clark Park, the popular contemporary music venue El Club and more. Approximately 1 mile from Ford Motor Company's $1 billion dollar investment- Michigan Central station- the future 30 acre campus, that will change the future of mobility. The building is outfitted for investment with four potential streams of revenue, which includes two commercial spaces on the ground level and two residential units in the upper. The ground floor was previously leased by a popular restaurant. The equipment list, along with the liquor license are available for purchase, Adjacent to the restaurant is a flexible commercial space that could be permanently divided for a second business or remain combined to double the restaurant space. The second floor features the opportunity to renovate the residential space into 2 separate apartments. Live in one, rent the other or Airbnb! There is a wealth of outdoor space, as well as a garage for owner and / or tenant use. Updates include new roof (within the past 8 years), and a new water tank. Don't pass on the chance to own your piece of Detroit!

1
bath

4,500 Sq.Ft. LIVING AREA

5,662.8 Sq.Ft. lot

Features & Amenities

Interior

  • Total bathroom1
  • full bathroom1

Area & Lot

  • Status Sold
  • Living Area4,500 Sq.Ft.
  • Total Area4,500 Sq.Ft.
  • Lot Area5,662.8 Sq.Ft.
  • MLS® ID20230045522
  • TypeCommercial
  • YEAR BUILT1928
  • School DistrictDetroit

Exterior

  • STORIES2
  • Garage Space6.0
  • utilitiesSewer Available, Water Available
  • roofRubber
  • HEAT TYPENone, Natural Gas
  • AIR CONDITIONINGCentral Air
  • SubstructureBrick/Mortar

Financial

  • Sales Price$302,000
  • Real Estate Tax $2,245/yr
  • Zoning Commercial

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