23589-23593 Van Born Rd - Freestanding FOR SALE


Taylor, MI 48180
$699,900 USD
734-502-0456
23589-23593 Van Born Rd, Taylor, MI for Sale
$699,900 USD
Freestanding - FOR SALE
1/98
null | 6.22% Cap Rate

NEW


23589-23593 Van Born Rd
Taylor, MI 48180


OVERVIEW

Rare mixed-use investment opportunity at the prominent corner of Van Born and Telegraph! This versatile property combines two commercial storefronts with two leased residential apartments, creating multiple income streams and plenty of flexibility for an investor or owner-user. The commercial level features two distinct spaces, each with its own character and established use. The hair salon offers a welcoming lobby, private restroom, and multiple individual suites, making the layout ideal for a salon, wellness business, professional services, or similar use. The second commercial space is currently being used as a photography studio, offering a large open area and its own private bathroom. Both storefronts provide excellent flexibility for continued use by the existing businesses or future ventures. Additionally, two residential apartments, with almost 1500 square feet apiece, provide additional income, each offering a spacious and open floor plan, 3-bedroom, 1-bath layout. Both units are currently leased, adding established residential income to the property's commercial potential. The sale also includes the neighboring garage and parking lot, providing valuable additional space for parking, storage, business operations, or future possibilities. With its highly visible corner location at Van Born and Telegraph, diverse tenant mix, and combination of commercial and residential spaces, this property offers an uncommon opportunity to build income from multiple uses within one property. Profit/expense sheet and recent improvements in attachments. Schedule your showing today!

FOR SALE DETAILS

PRICE

$699,900 USD

PRICE/SF

$123 USD /SF

CAP RATE

6.22%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Storefront Retail/Residential, Loft/Creative Space, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1953

SPRINKLERS

-

PARKING SPACES

20

LAND DETAILS

LAND ACRES

0.1 AC

LAND SF

4,356 SF

ZONING

residential commercial

APN/PARCEL ID

60-006-02-0880-300,60-006-02-0956-000

ASK ABOUT THIS PROPERTY

Linda LeporowskiKeller WIlliams AdvantageMore Info
734-502-0456

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Linda LeporowskiKeller WIlliams AdvantageMore Info
734-502-0456

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