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$1,000,000 for Sale

15523 mack, detroit, MI 48224

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Property Description
Investment Opportunity â?? Mixed-Use Building Prime mixed-use investment opportunity featuring 20 total units, including 18 residential units (4 studios, 12 one-bedrooms, 2 two-bedrooms) and 2 commercial spaces. All residential units include 1 bathroom, offering a strong and versatile rental mix. Positioned directly across from Grosse Pointe, this property offers the advantage of Grosse Pointe proximity with Detroit pricing, making it highly attractive for both residential tenants and commercial users seeking strong surrounding demographics and foot traffic. The building is thoughtfully configured: Garden/Basement Level: 2 one-bedroom units, 2 commercial units. First & Second Floors: Each floor features a mix of studios, one-bedroom, and two-bedroom units with efficient layouts ranging approximately 435â??599 sq ft, plus shared common areas. Second floor mirrors the first. Walkable to everyday conveniences including Aldi, Dollar Tree, Huntington Bank, public transportation, and nearby restaurants and retail. Just a 5-minute drive to Beaumont Hospital, Trader Joe's, and Starbucks. Quick access to Chick-fil-A and Chipotle Mexican Grill along Mack Ave, and approximately 15 minutes to Little Caesars Arena and Downtown Detroit. Development Advantage: Architectural drawings approved â?? shovel ready for development Additional Highlights: No known special assessments No known encroachments On-street parking with rear alley access Investment & Value-Add Potential: Property presents strong upside with the ability to stabilize rents and maximize income. May qualify for multiple incentive programs, including: Brownfield TIF, OPRA, PILOT programs, SBA financing (commercial), Potential 4% LIHTC (Low-Income Housing Tax Credit) eligibility. Seller may be open to Land Contract terms. Excellent opportunity for investors seeking a value-add mixed-use asset in a high-demand, high-visibility corridor with long-term growth potential. BATVAI
General Information
Sale Price: $1,000,000
Price/SqFt: $97
Status: Active
MLS#: 620
City: detroit
Post Office: detroit
County: Wayne
Acres: 0.17
Lot Dim: 100.14X72.64
Size: 10,344 sq.ft.
Acreage: 0.17 est.
Year Built: 19
Property Type: Commercial/Industrial
Tax, Fees & Legal
Est. Summer Taxes:  $11,119
Est. Winter Taxes:  $13,689


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All information provided is deemed reliable but is not guaranteed and should be independently verified. Participants are required to indicate on their websites that the information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing By: D'Asia Taylor of Golden Key Realty Group LLC

This listing last updated: Thu, March 19, 2026 at 12:35:57 AM EDT

MIRealSource Listing Data Last Updated On Saturday, April 4 2026 at 1:09am
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Listings presented by:
D'Asia Taylor
Golden Key Realty Group LLC
Call: (313) 290-3716

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