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11122 HAYES Street

$ 299,900
11122 HAYES ST ,
61
Active

Description

GROWING AREA….THE TENANT RATE IS ON A RISE IN THIS NEIGHBORHOOD….so its sooo much more opportunity to have a flourishing business!! Wonderful brick building with 8 units… Baber shop, Beauty shop, Tax service, furniture store and a Place of Praise. This is a fully occupied business. The seller has owned building for approx 30 years and retiring. This is a great investment and the price is outstanding!!! With opportunity to grow. The market is growing in this area and every area in Detroit. The percentage of renters are on a rise in this area and so, essentially the area will need more of everything (pertaining to businesses), especially as Downtown Detroit grows and the market values continue to grow, the city businesses will flourish. Buy now, before Detroit prices sky rocket!!! BATVAI

Seller motivated….

Address: 11122 HAYES ST
City:
State/County:
Zip: 48213
Open In Google Maps
Property Id : 25289
Price: $ 299,900
Building size: 0.33 acres
Available Space: 8628 sq.ft.
Active Openhouse Count: 0
Architecture Level: 1 Story
Assessment: 0
Building Area Source: Public Records
Business Type: Medical,Office,Retail,Service
CDOM: 27
Commercial Exterior Features: Outside Lighting
Commercial Type: Business Opportunity,Commercial
Construction Materials: Brick
County Or Parish: Wayne
Current Use: MultiPlex-BarberShop/HairSalon/Tax Serv/Furn store/House of Praise(utilize 3-units)
Directions: Take Hayes south and its just pass Houston Whittier
Directions From EastWest: W
Directions From EastWest Detail: Chalmers
Directions From NorthSouth: S
Directions From NorthSouth Detail: Of Houston Whittier
DOM: 27
Foundation Details: Slab
Foundation Materials: Other
Frontage Feet: 144
Gross Scheduled Income: 60000.00
Heating: Central Air,Forced Air
Heating Fuel: Natural Gas
Last Change Type: New
List Office Name: Babi Realty LLC
List Price By Acre: 908787.8788
Lock Box Type: Appointment
Lot Size Dimensions: 144.00X100.00
MLS: Realcomp II Ltd
MLS Area Major: Det Con-Mors/Grat. Hstn/7 Mack
MLS Area Major Number: 05055
MLS Number: 219082820
Monthly Sales: 5000
Annual Net Income: 49190.00
Number Of Units Total: 8
Operating Expense: 10809.87
Original List Price: 299900.00
Ownership Status: Private Owned,Short Sale - No
Parcel Number: W21I056425S
Percent Leased: 100
Postal City: Detroit
Postal Code Plus 4: 1544
Property Type: Commercial
Protection Period: 0
Road Frontage Type: Paved,Pub. Sidewalk
Room Count: 0
School District: Detroit
Settlement: City
Sewer: Sewer-Sanitary
Short Sale: No
Sqft Main: 8628
Sqft Office: 0
Sqft Source: PRD
State Equalized Value: 23900.0000
Street Name: HAYES
Street Number: 11122
Street Suffix: Street
Subdivision Name: BARBERS HAYES BLVD (PLATS )
Table: Commercial
Taxable Value: 22664.0000
Tax Amount Summer: 2195.0000
Tax Amount Winter: 215.0000
Tax Legal Description: E HAYES 19 THRU 25 BARBERS HAYES BLVD SUB L48 P51 PLATS, W C R 21/821 144.02 X 100
Title: Private - Owned
Total Tax: 2410.0000
Unit Count: 0
Water Heater Fuel: Electric,Natural Gas
Water Source: Municipal Water
Year Built: 1939
Zoning: Commercial
APOD Available: No
Customer Comment: Yes
Encroachment: No
Land Contract: No
Publish Sale Price: Yes
Waterfront: No
IDX provided courtesy of Realcomp II Ltd., via Babi Realty LLC and Realcomp, © 2021 Realcomp II Ltd. Shareholders.

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