19701 Mound Rd - Freestanding FOR SALE


Detroit, MI 48234- Pershing
$399,000 USD
248-617-7777
19701 Mound Rd, Detroit, MI for Sale
$399,000 USD
Freestanding - FOR SALE
1/5
null | Request Cap Rate

19701 Mound Rd
Detroit, MI 48234
Pershing


OVERVIEW

PRIME 8,190 SF MULTI-TENANT RETAIL INVESTMENT ON HIGH-TRAFFIC MOUND ROAD PROPERTY ADDRESSES: 19645, 19655, 19665, & 19701 Mound Road, Detroit, MI 48234. Exceptional opportunity to acquire a versatile, retail-zoned commercial property totaling 8,190 SQ FT across two separate buildings on a substantial 0.87-acre (37,000 SQ FT) lot. Situated with prime frontage on high-traffic Mound Road, this property is configured for maximum flexibility and income generation. Building A (4,500 SQ FT): Single, spacious unit, ideal for an anchor tenant or primary owner-occupied business. Building B (3,690 SQ FT): Divided into three separate units (suites), creating three distinct rental revenue sources. Retail Zoning (Commercial): Suitable for a wide range of retail, service, and professional businesses. Located on a major commercial corridor in Detroit, ensuring strong daily traffic counts and exposure. Large 0.87-acre lot provides ample parking and potential for future site improvements or expansion. This is a strategic, value-add acquisition for a buyer seeking a well-located asset with immediate multi-unit leasing and operational flexibility in the growing Detroit commercial market.

FOR SALE DETAILS

PRICE

$399,000 USD

PRICE/SF

$49 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2002

SPRINKLERS

-

PARKING SPACES

14

LAND DETAILS

LAND ACRES

1.27 AC

LAND SF

55,408 SF

ZONING

C

APN/PARCEL ID

13-01306-194

ASK ABOUT THIS PROPERTY

Joe SesieXp RealtyMore Info
248-617-7777

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Joe SesieXp RealtyMore Info
248-617-7777

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.