8116 Kercheval Street Active

Detroit,MI 48214

$ 1299000

0 Bed

- Bath

5215 SqFt


Key Details

Property Type Commercial

Sub Type Real Estate Only

Listing Status Active

Purchase Type For Sale

Square Footage 5,215 sqft

Price per Sqft $249

Subdivision Kercheval Ave Plat Of Sub Of Van Dyke Farm

MLS Listing ID 20240089730

Year Built 1916

Annual Tax Amount $4,219

Lot Size 9,147 Sqft

Property Description

Located on Kercheval Avenue between Parker and Seminole Streets in Detroit's charming West Village, 8116 Kercheval consists of three historic mixed-use buildings. The buildings were fully renovated in 2016 and include both retail and residential units. The ground floor is fully leased to Two Birds, a bar and ice cream shop, currently expanding into an adjacent retail space, and Velvet Tower, a vintage clothing store. The second floor includes three residential units (ranging from 720 to 1,106 square feet), which are currently operated as short-term rentals generating income above standard residential leases. The property features a wrap-around terrace/community space that connects the buildings and provides additional usable outdoor area. Positioned a block from neighborhood landmarks Sister Pie and Marrow, this offering presents a unique opportunity in one of the most vibrant, commercially established sections of desirable West Village. Property tours will be Wednesday, December 11th from Noon - 2:00 PM

Location

State MI

County Wayne

Area Det Woodward-Mcclellan/So Mack

Zoning Commercial,Multi-Family,Residential

Exterior

Utilities Available Security Alarm,Smoke Alarm

Building

Sewer Public Sewer (Sewer-Sanitary)

Water Public (Municipal)

Structure Type Wood

Schools

School District Detroit

Others

Assessment Amount $240

Acceptable Financing Cash,Conventional

Listing Terms Cash,Conventional

Special Listing Condition Full Service

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