The median home value in Detroit, MI is $87,500.
This is
lower than
the county median home value of $150,000.
The national median home value is $308,980.
The average price of homes sold in Detroit, MI is $87,500.
Approximately 39% of Detroit homes are owned,
compared to 37% rented, while
24% are vacant.
Detroit real estate listings include condos, townhomes, and single family homes for sale.
Commercial properties are also available.
If you like to see a property, contact Detroit real estate agent to arrange a tour today!
Learn more about Detroit.
This property boasts a newly installed roof, furnace,and water tank,presenting many opportunities for potential use.The solid construction of the building, comprised of cement blocks,lends itself well to various commercial endeavors. Initially utilized as a collision repair shop,the premises feature front offices for administrative purposes, while the rear section offers an open layout with a 10-foot entry door ideal for automotive repair or dealership operations, or a combination of.The property includes adjacent vacant lots to the west of the building, providing additional space for expansion or complementary development. The building's structural integrity, highlighted by a central block wall, offers the possibility of flexible partitioning to accommodate diverse business requirements.
Prime Commercial Building with Business Opportunity in the Gratiot Town/Kettering neighborhood of Detroit, MI. An exceptional opportunity awaits you within this thriving community of Detroit .This Solid two-story building offering a blend of retail space and residential accommodations. Boasting 2,878 square feet of floor space on the first level, currently utilized as a retail business, this property also features living space in the apartment upstairs apartment. The Investment Details include Existing Retail Business on the first floor with potential for further growth and the potential for rental income upstairs. Call today for more information and personal tour.
Prime Commercial Building in the Gratiot Town/Kettering neighborhood of Detroit.An exceptional opportunity awaits you in this thriving community with a fantastically solid two-story building offering a blend of retail space and residential accommodation. Boasting 2,878 square feet of floor space on the first level, currently utilized as a retail business, this property also features 3-bedroom, 1-bathroom apartment upstairs that needs some TLC. Some key features would be :Prime Location, Diverse Usage, High Traffic Counts and Ease of Accessibility. This building can also be purchased with the the existing business. Call today for more information.
Thriving Neighborhood Market/Store Business Opportunity in the Gratiot Town/Kettering neighborhood of Detroit. Here's your chance to own a beloved neighborhood market and party store business in the vibrant community of Gratiot Town/Kettering. Situated in a growing neighborhood with a sparse urban feel, this business enjoys a loyal customer base who appreciate its convenience and variety of offerings. With numerous restaurants and parks nearby, the area is bustling with activity, providing ample foot traffic for the business.The Key Features of this business opportunity are:Prime Location, Turnkey Operation, Versatile Offerings and its Potential for Growth. Don't Miss Out! Seize this excellent opportunity to own this thriving neighborhood business. Call today for more information
This standalone structure, boasting a spacious parking lot, commands attention at a bustling intersection adjacent to a vibrant shopping mall. Renovated comprehensively in 2015, both inside and out, it epitomizes modernity with all the latest upgrades. The sale encompasses all restaurant equipment, making it an enticing opportunity for entrepreneurs. Priced competitively for a swift sale, interested parties are encouraged to reach out to the Listing Agent for further information and to arrange a viewing.
Once in a lifetime opportunity! Former restaurant and lounge for sale. Well maintained, great street appeal and exposure, dedicated parking. Some equipment, furnishings, and signage available for sale. Could be turnkey for the right restaurant concept. Great location for any restaurant. Bring your food concept to this beautiful location. Also has a finished basement for storage and/or private events if desired. Land contract may be an option for an approved buyer under the right terms. Agent must be present for showings! Contact Agent Tina via text and e-mail to schedule. Approx 4500 square feet.
Fantastic opportunity to own two commercial buildings on major road. 12311 Gratiot previously used as a Car Wash. 12315 Gratiot previous use as a resteraunt. All equiipment included in sale.
Commercial building last used as a barber shop. Currently vacant. Endless possibilities for use. Land contract terms, 10% interest with 3 year balloon payment. Taxes and insurance are additional. Can be purchased with buildings next door, 12311 and 12315 Gratiot Ave.
Multiple-use space available in a great location. Located right off Davison which has a lot of traffic and sits across the street from the Cubes the city of Detroit has recently installed for small businesses. This is a great opportunity to bring value to the neighborhood but bringing multiple businesses to Dexter. This space was previously used as a daycare, barbershop, restaurant etc..PHOTOS LINKS: https://photos.app.goo.gl/kvF6PYSY9tJRupcdAhttps://photos.app.goo.gl/1NgKkWeDVL8R2NNK6https://photos.app.goo.gl/f74wdUkxnESCyZ8B7 https://photos.app.goo.gl/kvF6PYSY9tJRupcdA
Great opportunity to own & operate a automotive shop here in the city. Up & coming area on Detroit's lower eastside. Call for details Great opportunity to own & operate an automotive shop here in the city of Detroit. Call agent for more information.
Discover an exceptional commercial opportunity! This established and thriving business is grossing over $900k with a robust 30% margin, primarily serving the commercial trucking industry that frequents this bustling area. It offers an extensive range of services including tire repair and replacement, complete engine maintenance, and balance with a state-of-the-art Hunter machine, which is included in the sale. Strategically positioned for maximum exposure, this commercial property boasts a prime location with high-profile visibility that draws a steady stream of clientele. Renovated roof only 6 years old, new electric panels installed 5 years ago, and a furnace replaced 4 years back. This turnkey operation includes all compressors and offers a line of wholesale tires.
Large 7000 sft industrial building has 3 bathrooms lots of office space confrence rooms and a large warehouse arae.
The property is an income producing 29-unit apartment building located on the West side of the city Detroit, Michigan. The property is positioned in the Warrendale Neighborhood, off Joy Rd just West of the Southfield Freeway. Penrod Faust consists of two buildings, with parking spaces on the side and back of the building. There are 29 units that are all 1 bedroom 1 bath, approximately 630 square feet. They heavy lifting is finished!!! Come in set your rents, fill your units and watch the cash flow in. The property is 80% occupied charging over $21,600 per month in gross potential rent. Of the 29 units - 12 units have been turned with light renovations. Rooms/room sizes are estimated and should be verified by the buyer/buyer's agent.
PLEASE VERIFY ALL INFO. LOTS FOR SALE (244) 13214 6 MILE (245) 13210 6 MILE (246-247) 13218 13222 6 MILE (PARKING LOT). 4800 SF BUILDING WITH 60X100 FENCED PARKING AND ENTRANCE FROM ALLY. 13206 iS NOT FOR SALE! BUILDING IS DIVIDED APPROX 1600 ON THE EAST SIDE AND 3200 ON THE WEST SIDE. BOTH SIDES HAVE OPEN AREAS AND OFFICES. LARGE SIDE HAS KITCHEN AND TWO BATHS PRIVATE ENTRY. SMALL (EAST) SIDE HAS PRIVATE ENTRY WITH RECEPTION AND UNISEX BATH. CURRENT USE IS A CHURCH IN LARGE AREA ON A MONTH TO MONTH BASIS AND SMALLER (1600SF) IS RENTED ON A MONTH TO MONTH BASIS. AVAILABLE FOR SALE AND OR LEASE
Attention Real Estate Investors and Developers! Incredible Rehab Opportunity in Historic Virginia Park, Detroit. Built in 1928, this expansive corner property offers an opportunity for renovation, with 5,628 square feet of space to transform it into something incredible. Fully gutted and primed for renovation, this property is ready to become a piece of Detroit's rejuvenation in one of the most sought- after neighborhoods. Zoned R2, this property offers versatility for residential single-family, two-family, multi-family, and commercial usage. A total lot size of 8,276 square feet allowing for a large space for potential development or expansion. Prime corner location maximizes both visibility and accessibility. With proximity to Henry Ford Hospital, the iconic Motown Museum and The Congregation Coffee house, this property is centrally located to all that is celebrated in Detroit. Take advantage of the high demand for housing and commercial spaces in Detroit- with flexible zoning and prime location this property offers investment opportunities from residential to commercial ventures. Please note- The seller has plans for an 8 unit including the basement and second parcel for parking. Lot next to property is included in the sale (2072 Clairmount).
5788 Van Dyke Ave presents an enticing opportunity for prospective buyers seeking a prime location with high visibility. With approximately 9,503 cars passing by daily, the property offers great exposure for businesses looking to attract a steady flow of customers. All equipment is included, providing a turnkey solution without the hassle of additional setup costs. A new roof was installed in September 23' minimizing maintenance expenses in the near future. Investing in this property promises both strategic advantages and long-term sustainability for savvy investors and aspiring business owners alike. Schedule your showing today! BTVAI
Exciting opportunity alert! This commercial property, currently utilized as an event hall, with recent upgrades including a newer roof, plumbing, electrical, and heating systems. With these modern amenities in place, you can focus on maximizing the potential of this versatile space. Additionally, the property features a fenced-in adjacent parking lot, providing convenience and added value for patrons. Whether you're looking to expand your business or start a new venture, this property offers endless possibilities.BATVAI
An excellent investment for a restaurant, office, and other ideas. We have included 5 land/lots (all located near the property) with the purchase of property for future development. The elevator is handicapped accessibility and the building has wide aisles for wheelchairs. This property is an 'AS IS' Sale.
COMMERCIAL REAL ESTATE PROPERTY WITH OVER 1 ACRE OF PAVED LAND AND ITS OWN SECURITY FENCE. LAND IS IDEAL FOR MULTI USES AND PURPOSES.
Commercial building last used as a barber shop. Currently vacant. Endless possibilities for use. Can be purchased as a package deal with property next door (12311 & 12315 Gratiot)Land contact possible.