8116 Kercheval ST Detroit MI 48214 MLS #20240089730

8116 Kercheval ST
Detroit, MI, 48214
$1,225,000
Beds
0 Baths
5,215 SqFt
0.21 Acres
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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 Details

Price:
$1,225,000
MLS #:
20240089730
Status:
Active
Beds:
0
Baths:
0
Address:
8116 Kercheval ST
Type:
Commercial
Subtype:
Real Estate Only
Subdivision:
KERCHEVAL AVE PLAT OF SUB OF VAN DYKE FARM
Neighborhood:
05053 – Det Woodward-Mcclellan/So Mack
City:
Detroit
Listed Date:
Dec 2, 2024
State:
MI
Finished Sq Ft:
5,215
Total Sq Ft:
5,215
ZIP:
48214
Lot Size:
9,148 sqft / 0.21 acres (approx)
Year Built:
1916
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Meet Andrea Stephan, an accomplished real estate professional with industry experience and a heart dedicated to service. With a background in education, Andrea began her journey as a former teacher, where her passion for nurturing others blossomed. Transitioning seamlessly into the business world, Andrea played a pivotal role in building a property management company from the ground up. Her relentless dedication and innate ability to connect with others have been instrumental to her success. C…

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Schools

School District:
Detroit

Interior

Heating
Natural Gas

Exterior

Construction Materials
Wood Siding
Security Features
Twenty Four Hour Security, Building Security, Fire Alarm, Security System, Smoke Detectors

Financial

Net Operating Income
$181,912
Taxes
$4,219

Map

Community

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8116 Kercheval ST
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