3963 W Vernor Hwy Detroit, MI $ 950,000
3963 W Vernor Hwy
$ 950,000
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3963 W Vernor Hwy

Detroit, MI, 48216
$ 950,000
Bedrooms-- Baths-- Sq 5,888

Monthly Estimate*

$ 5,927

3963 W Vernor Hwy, Detroit, MI 48216 - Image 1
3963 W Vernor Hwy, Detroit, MI 48216 - Image 2
3963 W Vernor Hwy, Detroit, MI 48216 - Image 3

Commercial Property for sale in Detroit, MI

for $950,000. This 5,888 square foot building was built on a lot size of 0.28.

3963 W Vernor Hwy, Detroit, MI 48216 – 4-Unit Plaza Prime investment opportunity in the heart of Southwest Detroit! This 4-unit retail plaza is located on high-traffic W Vernor Hwy, offering excellent visibility and steady customer flow. The property features multiple storefronts with flexible layouts, ideal for retail, office, or service-based businesses. Positioned in a vibrant commercial corridor, this plaza is surrounded by established businesses, neighborhoods, and major roadways, making it a strong income-producing asset with long-term growth potential. Key Highlights: 4-unit retail/office plaza High traffic and high visibility location Versatile layouts for multiple business uses Strong neighborhood presence and foot traffic Land contract options available Perfect for investors or owner-users looking to establish a presence in a thriving Detroit corridor!

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Commercial Active

Price

$ 950,000

Property Type

Commercial

Taxes

$ 870,550

Style

RealEstateOnly

Lot Size

0.28

Town/City

Detroit

County/Region

Wayne

MLS | Web ID

20251033364

Features
General
Sewer PublicSewer SewerAtStreet
Possession AtClose
Garage Spaces 0.0
Construction Materials Asphalt Brick
Property Subtype RealEstateOnly
Current Use Commercial MixedUse
County Wayne
Net Operating Income 100000.0
Operating Expense 20000.0
New Construction N
Property Type CommercialSale
HOA N
Attached Garage N
Garage Y/N N
Status Active
Directions South side of W Vernor Hwy just west of Livernois Ave in Southwest Detroit.
City DetroitCity_Wayne
Senior Community Y/N N
High School District Detroit
Zoning Description Commercial
MLS Area Area05101DetSouthOfGrandRiver
Lot Size Units Acres
Carport Y/N N
Land Lease Y/N N
Tax Annual Amount 870550.0
Home Warranty Y/N N
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Standard Status Active
Occupancy Type Owner
Tax Assessed Value 104096
Expected Active Date 2025-09-04
Legal Description S VERNOR HWY 129 THRU 127 DANIEL SCOTTENS RESUB L5 P23 PLATS W C R 14/31 92.50 X 130
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Exterior
Water Source Public
Foundation Details BrickMortar Poured Slab
Spa N
Lot Dimensions 93.00X130.00
Lot Size Acres 0.28
Waterfront Y/N N
Road Frontage Type Paved
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Interior
Basement (Y/N) N
Air Conditioning Y/N N
Heating Y/N N
Fireplace Y/N N
Above Grade Finished Area 5888.0
Above Grade Finished Area Unit Type SquareFeet
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Internal Only
Street Number 1 3963
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* Excluded Features
List By
Amanda Khoury

Listing Agent

Keller Williams Legacy

Broker

(313) 559-5089

Phone

Affordability Calculator

$78,473
Per Month
8%
92%
0%
Monthly Principal & Interest
$5,927
Monthly Property Taxes
$72,546
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
848539 Elementary School
848135 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
9/4/2025$950,000 Listed Price

Map


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3963 W Vernor Hwy, Detroit, MI, 48216 is a Commercial Property for sale at $950,000 with 5,888 sqft and a lot size of 0.28. The property's zip code is 48216 which is in Detroit, MI