4435 W VERNOR, Detroit, MI 48209
4435 W VERNOR, Detroit, MI 48209
4435 W VERNOR, Detroit, MI 48209
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Nick Schweihofer

Nick Schweihofer

+1(616) 200-4134
$550,000
Est. payment /mo
5,246 SqFt
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Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 5,246 sqft

Price per Sqft $104

MLS Listing ID 20240077939

Year Built 1915

Annual Tax Amount $1,688

Lot Size 0.260 Acres

Acres 0.26

Lot Dimensions 84.00 x 134.00

Source Realcomp

Property Description

Prime Mixed-Use Redevelopment Opportunity in the Heart of MexicantownDiscover an exceptional investment opportunity in one of Detroit's most vibrant and culturally rich neighborhoods—Mexicantown. Located on highly traveled Vernor Highway just minutes from downtown Detroit, this mixed-use property offers tremendous upside for investors, developers, or owner-occupants seeking a value-add asset in a rapidly growing corridor.Property FeaturesBuilding Size: 5,246 square feetLot Size: 84' frontage × 134' depthFlexible Mixed-Use Layout: Ideal opportunity to redevelop into street-level commercial space with two residential apartments above, creating multiple income streams.Additional Parking Lot: The adjacent lot provides ample space for customer and tenant parking, outdoor seating, or future site improvements—an increasingly valuable amenity in this busy commercial district.Additional Out-Building: Included with the sale, offering storage, workshop space, or additional business use.Prime Location: Outstanding visibility on Vernor Highway with excellent traffic counts and surrounded by popular restaurants, retail, and neighborhood attractions.Investment PotentialWhether you're looking to establish a flagship business, develop a mixed-use income property, or reposition an existing building, this property offers outstanding flexibility. The configuration lends itself perfectly to a commercial storefront on the first floor with two upscale apartments on the second level, providing strong long-term rental income while benefiting from Detroit's continued neighborhood revitalization.The additional lot offers a significant competitive advantage by providing dedicated parking for both residential tenants and commercial customers, while also allowing for future expansion or outdoor amenities.Development & Incentive OpportunitiesThis property presents an excellent opportunity to capitalize on Detroit's ongoing redevelopment efforts. Buyers may qualify for various local, state, and federal redevelopment prog

Location

State MI

County Wayne

Zoning Commercial

Direction Vernor Hwy past Clark Park between Clark and Mckinstry

Rooms

Basement Basement

Exterior

View Y/N No

Building

Foundation Block

Water Public

Structure Type Vinyl Siding,Wood Siding

Schools

School District Detroit

Others

Tax ID W14I000343S

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Listed by Realty Executives Home Towne

Nearby School & Business

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Nick Schweihofer

Nick Schweihofer

+1(616) 200-4134

Team Leader, Broker License ID: 6506047709

Team Leader, Broker License ID: 6506047709

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Name

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  • Nick did an awesome job in helping us find and purchase our condo. He listened to our wants and identified options and in the end we found a good fit for our needs for a vacation home Since we are far from Holland Nick set up a couple video tours to reduce travel. Thanks Nick for all the hard work and insight. We are very excited about our new home!
    Gordon L
  • Nick was awesome to work with! I just went through the process of purchasing my first home and Nick couldn’t have made it any easier. He is super knowledgeable about the industry and the area. He answered all my questions and made sure to point out things I may not be thinking of since it was my first time going through the process. He was attentive, super responsive, easy to talk to, and truly cares about finding his clients a home they’ll love! I’m looking forward to working with him again in the future and would definitely recommend him as an agent!
    Emily Rzeszutko
  • Nick was amazing to work with! This was my first time buying a house. Nick was very patient and took the time to walk me through everything and address all my questions. He was always quick to respond. He was clearly knowledgeable about the area and was great at pointing out and educating me on issues to watch for as we walked through houses. I absolutely recommend Nick to anyone buying or selling a home, and look forward to working with him again in the future!
    Kayla Kocal
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