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About the Listing 103418 - RC362745,RC442491
Opportunity awaits at 22019 Fenkell Street in Detroit. This recently remodeled 1,000 SF commercial building offers a clean, flexible layout ideal for a variety of business uses including retail, office, professional service, medical/dental, convenience, restaurant, or general commercial use. The property features a refreshed interior, central air, forced-air heat, 220V electric, public water/sewer, security system, smoke detectors, outside lighting, sidewalk frontage, and a rubber roof. Located near Fenkell and Lahser, the property offers street visibility, on-site/on-street parking options, alley access, and a fenced area. Great opportunity for an owner-user, small business operator, or investor seeking an affordable commercial asset. With potential rental income of approximately $1,100/month, this property may offer a projected return of over 15% ROI, depending on final purchase price, lease terms, expenses, financing, and buyer's underwriting. Land contract terms available: $25,000 down, 8% interest, $1,500/month, 24-month term. Buyer/buyer's agent to verify all information, zoning, intended use, measurements, rental projections, expenses, ROI, and city requirements.
Listing Highlights
Interior Details
- Bedrooms: 0
- Bathrooms: 0 Full
- Appliances:
- Air Cond:
- Heating: Forced Air
- Fireplaces:
- Floor:
- Above Ground Sq Ft: 1000
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water: Public Water
Exterior Details
- Garage Capacity: N/A
- Lot Dimensions: 20X100
- Zoning: Mixed Use,Professional Office,Commercial
- Roof: Rubber
- Others: Security Lighting
- Sewer:
Financial Details
- Tax Amount: $3,885
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: N/A
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Questions About..
22019 Fenkell Detroit, MI 48223
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