Commercial For Sale: USA Michigan Detroit 648 Prentis Street
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$895,000 USD

648 Prentis Street
Detroit, Michigan 48201
USA
332.025 m2 :: 3,574 sqft
Commercial for Sale, Other Commercial Property
Sale price per sqm: 2,695.5
Tax: 3,284 USD
CENTURY 21 Curran & Oberski
32121 Woodward Avenue Suite 100
Royal Oak, Michigan 48073, United States
Phone: 2482641700

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Remarks:

Nestled in the heart of Midtown Detroit, this fully occupied six-unit apartment building presents a rare investment opportunity in one of the city's most vibrant neighborhoods. Conveniently located near I-94, the Lodge Freeway, and Woodward Avenue, this historic property offers seamless access to all things Midtown, from cultural attractions to dining and entertainment. The building features a mix of units, including one studio-style apartment and one loft-style apartment, two one-bedroom units and two spacious two-bedroom apartments—one with a private balcony. Upgrades include new countertops, flooring, and disposals in every unit, as well as individual furnaces, water heaters, and window A/C units, with central air in the loft apartment. Each unit is equipped with a dedicated load center with resettable breakers, and fiber optic cable and internet are installed in the building. The basement and loft units are not shown in photos, and their measurements are not provided. The front porch has been completely rebuilt, and some windows have been replaced with Detroit Historical Society-approved designs. Inside, all original lathe and plaster have been converted to drywall, and the building is lead-based paint free certified. Emergency lighting, smoke, and carbon monoxide detectors are installed throughout. All plumbing has been replaced with copper and PVC. The property also features a basement coin laundry, upper and lower shared deck spaces, and dedicated (owned) parking. It has received full inspection clearance from the City of Detroit and meets all city code requirements. With 100% occupancy and long-term tenants, this historic building has steady income potential, and current rents remain under market value, offering room for future growth. ***Showings require 24-hour notice. Pre-approval or proof of funds must be provided before confirmation. The listing agent and property manager will accompany all showings.***

Features:

  • Year Built: 1905

Location:

648 Prentis Street, Detroit, Michigan 48201, USA
Listed By CENTURY 21 Curran & Oberski

The Commercial for Sale, Other Commercial Property located at 648 Prentis Street, Detroit, Michigan 48201, USA is currently for sale. 648 Prentis Street, Detroit, Michigan 48201, USA is listed for $895,000 USD. This property has 3,574 sqft. If the property located at 648 Prentis Street, Detroit, Michigan 48201, USA isn't what you're looking for, search Michigan Real Estate to see other Commercial For Sale in Detroit.

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