20520 Plymouth Road Detroit, MI ^$ 1,450,000

20520 Plymouth Road

^$ 1,450,000

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Recently Listed

20520 Plymouth Road

Detroit, MI, 48228

^$ 1,450,000

Bedrooms-- Baths-- Sq 12,910

Monthly Estimate*

^$ 10,015

20520 Plymouth Road, Detroit, MI 48228 - Image 1

20520 Plymouth Road, Detroit, MI 48228 - Image 2

Commercial Property for sale in Detroit, MI

for $1,450,000. This 12,910 square foot building was built on a lot size of 0.42.

This property combines strong in-place income with the opportunity to increase value through lease-up and future rental growth. Its recent renovations significantly reduce near-term capital expenditure concerns, making it an excellent addition to any investment portfolio. Whether you're expanding your multifamily holdings or completing a 1031 exchange, this is an opportunity worth a closer look. Complete renovation 2024, new roof 2019. Immediate cash flow. Around a 7% cap currently.

Commercial Active

Price

^$ 1,450,000

Property Type

Commercial

Taxes

^$ 36,009

Style

Commercial/Industrial

Lot Size

0.42

Town/City

Detroit

County/Region

Wayne

MLS | Web ID

61036523

Features

General

Possession At Close

Water Public Water

Status Active Active

Year Built 19

Subdivision More Than One Legal Involved MI

County Wayne

Class COM/IND/BUS OPP

Type Commercial/Industrial

Ownership Private

Municipality Detroit

Zoning Multi-Family Commercial

Sale/Rent For Sale

Status Detail 0

Area Detroit (82001)

Primary City Detroit

Directions north side of Plymouth between Evergreen and Telegraph

City Detroit

Financial Terms Cash Conventional

Legal Description N PLYMOUTH E 146.04 FT OF THAT PT OF S E 1/4 SEC 27 T 1 S R 10 E LYG W AND ADJ SCHWARTZ FIELDING AVE SUB S & ADJ STOLLMAN SUB EXC ALLEY AS OP & EXC S 60 FT 22/--- 146.04 IRREG

DOM 0

Postal Code 48228

Price Per Sq Ft Total AG 112.32

Public Remarks

Exterior

Exterior Brick

Exterior Amenities Security Lighting

Frontage 146

Lot Size Area 0.42

Lot Dimensions 146x125

Roads Paved Street

Waterfront Y/N No

* Excluded Features

List By

Mike Ayoub

Listing Agent

Re/Max Team 2000

Broker

mayoubremax@yahoo.com

Affordability Calculator

$13,016

Per Month

Monthly Principal & Interest: $10,015
Monthly Property Taxes: $3,001
Monthly Home Insurance: --

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Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly 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

Trends
Schools

Commerical listings in Detroit, MI

Average List Price ^$461,627

Percent of Sale Price 68%

About Detroit, MI

633,657 Population

-33% Since 2002

^$26,977 Median Income

36.23 Median Age

26% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

760529 Elementary School

760235 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
10/6/2026	$1,450,000		Listed Price

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20520 Plymouth Road, Detroit, MI, 48228 is a Commercial Property for sale at $1,450,000 with 12,910 sqft and a lot size of 0.42. The property's zip code is 48228 which is in Detroit, MI

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: 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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20520 Plymouth Road

Commercial Property for sale in Detroit, MI

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