7149 W Vernor Highway
Detroit, MI, 48209 $ 890,000
Bedrooms-- Baths-- Sq 6,000 Monthly Estimate*
$ 5,552
for $890,000. This 6,000 square foot building was built in 1922 on a lot size of 0.14.
Unlock the full potential of this 6,600 sf, freshly painted, prime commercial property that currently houses 3 families, & 2 thriving Businesses with strong roots and support from its vibrant, growing Community for over 22 years! Situated on the infamous W. Vernor highway with extremely high demand & low inventory, within minutes of Downtown Detroit, The Gordie Howe and Ambassador Bridge, shopping, entertainment, all major freeways, and The New Michigan Central Station. Walking distance to: grocery markets, retail stores, restaurants, bike trails, green paths, parks, clinics, bus-stop just a few steps away, laundromat, banks, and entertainment with many new developments underway. This rare opportunity offers: Three connected commercial units and three 2-bedroom apartments on the second floor on a high-traffic corner with constant foot traffic from locals and tourists. Built on a strong foundation with durable structural & integrity, this property requires only light TLC; no full rehabilitation is necessary, making it perfect for passive investors seeking a steady return that offers 6 incomes, stability, versatility, and upside. abundance of street parking, 7+ vehicle concrete parking lot in the rear for additional parking, enclosed with an 8ft steel security fence and security lighting. Three two-bedroom large (1,1000 sf each) upper units, each featuring a large living room with a separate formal dining area, kitchen, bathroom, and two bedrooms, have been occupied by the same loyal tenants for over 20 years. Ideal for rental income or staff housing, each unit has separate utilities. Security shade for front street sealing to floor windows for added security, tons of natural lighting, Central air, & much more.
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FeaturesGeneralSewer PublicSewer
Heating ForcedAir NaturalGas
Possession ClosePlus31to60Days
Garage Spaces 0.0
Security Features Other
Construction Materials Brick
Year Built 1922
Levels Two
Property Subtype RealEstateOnly
Current Use Commercial MultiFamily Retail Service
Business Type Residential Retail
County Wayne
Net Operating Income 100.0
Operating Expense 100.0
New Construction N
Property Type CommercialSale
HOA N
Attached Garage N
Subdivision Name HANNANS FERNDALE
Garage Y/N N
Status Active
Directions I-75 TO SPRINGWELLS - NORTH TO W VERNOR.
City DetroitCity_Wayne
Senior Community Y/N N
High School District Detroit
Zoning Description Commercial MultiFamily Office Recreation
MLS Area Area05101DetSouthOfGrandRiver
Lot Size Units Acres
Carport Y/N N
Land Lease Y/N N
Tax Annual Amount 4263.0
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 Tenant
Tax Assessed Value 35544
Expected Active Date 2025-09-18
Legal Description S VERNOR HWY 28 29&30 HANNANS FERNDALE SUB L30 P41 PLATS W C R 18/360 60 X 100
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ExteriorWater Source Public WateratStreet
Foundation Details Basement Block BrickMortar
Spa N
Building Area Total 6240.0
Lot Dimensions 60X100
Lot Size Acres 0.14
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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InteriorBasement (Y/N) Y
Air Conditioning Y/N N
Heating Y/N Y
Fireplace Y/N N
Above Grade Finished Area 6000.0
Above Grade Finished Area Unit Type SquareFeet
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* Excluded FeaturesList ByRegina M SanchezListing Agent
Century 21 Curran & OberskiBroker
Affordability Calculator
- Monthly Principal & Interest
- $5,552
- Monthly Property Taxes
- $355
- 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.
Learn more about how to save NearbyCommerical listings in Detroit, MI
Average List Price $496,505
Percent of Sale Price 44%
About Detroit, MI 633,657 Population
-33% Since 2002
$ 26,977 Median Income
36.23 Median Age
26% Households with Children
Trends Information provided by ATTOM Data Solutions.
848539 Elementary School
848135 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 12/2/2025 | $890,000 | -10.91% | Price Down |
| 9/18/2025 | $999,000 | | Listed Price |