8640 Mack Avenue Detroit, MI $ 325,000
8640 Mack Avenue
$ 325,000
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8640 Mack Avenue

Detroit, MI, 48214
$ 325,000
Bedrooms-- Baths-- Sq 3,622

Monthly Estimate*

$ 2,245

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Commercial Property for sale in Detroit, MI

for $325,000. This 3,622 square foot building was built on a lot size of 0.2.

**INCOME-PRODUCING MIXED-USE INVESTMENT NEAR HISTORIC INDIAN VILLAGE!** Offered at $325,000, this renovated 4,120 SF building generates $27,000 in annual gross rental income from two occupied units. The first-floor salon rents for $800/month, while the furnished 2-bedroom, 2-bath upstairs apartment rents for $1,450/month. Both tenants are month-to-month, offering flexibility for investors and future owner-occupants. Renovated in 2022, the property features an updated apartment with hardwood floors, an open-concept living area, modern kitchen, and updated bathrooms. Additional highlights include a detached 1,000 SF garage with newer roof, approximately 400 SF of mezzanine space, basement, and ample on-site parking. Zoned B4 (General Business District), offering potential for a variety of business uses, subject to municipal approval. Conveniently located along the Mack Avenue corridor near Indian Village and West Village. A versatile investment with established rental income and additional upside potential!

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Commercial Active

Price

$ 325,000

Property Type

Commercial

Taxes

$ 8,226

Style

Commercial/Industrial

Lot Size

0.2

Town/City

Detroit

County/Region

Wayne

MLS | Web ID

61043704

Features
General
Heating Forced Air
Possession At Close
Water Public Water
Status Active Active
Year Built 19
Subdivision Wesson Estate MI
County Wayne
Class COM/IND/BUS OPP
Type Commercial/Industrial
Municipality Detroit
Zoning Commercial Professional Office Residential
Sale/Rent For Sale
Status Detail 0
Commercial Features Fence
Area Detroit (82001)
Primary City Detroit
Directions 8640 Mack Ave Detroit MI 48214
City Detroit
Financial Terms Cash Conventional Exchange/Trade
Legal Description S MACK W 18 FT 2 3 THRU 5 WESSON EST SUB L28 P6 PLATS W C R 17/59 78 X 108.77
DOM 1
Postal Code 48214
Price Per Sq Ft Total AG 89.73
Public Remarks **INCOME-PRODUCING MIXED-USE INVESTMENT NEAR HISTORIC INDIAN VILLAGE!** Offered at $325 000 this renovated 4 120 SF building generates $27
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Exterior
Exterior Brick
Frontage 78
Lot Size Area 0.2
Lot Dimensions 78X108.77
Roads Paved Street
Waterfront Y/N No
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Interior
Fuel Type Natural Gas
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* Excluded Features
List By
Ryan Lally

Listing Agent

Kw Grosse Pointe

Broker

Ryan@RyanLally.com

Email

Affordability Calculator

$2,930
Per Month
77%
23%
0%
Monthly Principal & Interest
$2,245
Monthly Property Taxes
$686
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% 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
760529 Elementary School
760235 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
11/2/2026$325,000 Listed Price

Map


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8640 Mack Avenue, Detroit, MI, 48214 is a Commercial Property for sale at $325,000 with 3,622 sqft and a lot size of 0.2. The property's zip code is 48214 which is in Detroit, MI