USAMIDetroitMore Than One Sub Involved15523 Mack Ave

15523 Mack Ave, Detroit, MI

Name: 15523 Mack Ave, For Sale in Detroit - eXp Realty
Brand: Golden Key Realty Group LLC
SKU: 20261015545
Price: 1000000 USD

Real Estate

For Sale

Listed price in listed location currency (USD).

$1,000,000

000

MLS® 20261015545

Key Facts
Description
Map

Key Facts

Type Other

Levels Commercial Sale

Size 9866 sqft

Garage No

HOA Fees

Taxes $24,808

Days Active 13

Approx. Age 1929

Avg. Price Per Sqft $101

MLS® Number 20261015545

Property Address: 15523 Mack Ave, Detroit, MI, 48224-3453

Average square foot calculated using Size range provided by listing agent.

Description

Investment Opportunity – Mixed-Use Building Prime mixed-use investment opportunity featuring 20 total units, including 18 residential units (4 studios, 12 one-bedrooms, 2 two-bedrooms) and 2 commercial spaces. All residential units include 1 bathroom, offering a strong and versatile rental mix. Positioned directly across from Grosse Pointe, this property offers the advantage of Grosse Pointe proximity with Detroit pricing, making it highly attractive for both residential tenants and commercial users seeking strong surrounding demographics and foot traffic. The building is thoughtfully configured: Garden/Basement Level: 2 one-bedroom units, 2 commercial units. First & Second Floors: Each floor features a mix of studios, one-bedroom, and two-bedroom units with efficient layouts ranging approximately 435–599 sq ft, plus shared common areas. Second floor mirrors the first. Walkable to everyday conveniences including Aldi, Dollar Tree, Huntington Bank, public transportation, and nearby restaurants and retail. Just a 5-minute drive to Beaumont Hospital, Trader Joe’s, and Starbucks. Quick access to Chick-fil-A and Chipotle Mexican Grill along Mack Ave, and approximately 15 minutes to Little Caesars Arena and Downtown Detroit. Development Advantage: Architectural drawings approved – shovel ready for development Additional Highlights: No known special assessments No known encroachments On-street parking with rear alley access Investment & Value-Add Potential: Property presents strong upside with the ability to stabilize rents and maximize income. May qualify for multiple incentive programs, including: Brownfield TIF, OPRA, PILOT programs, SBA financing (commercial), Potential 4% LIHTC (Low-Income Housing Tax Credit) eligibility. Seller may be open to Land Contract terms. Excellent opportunity for investors seeking a value-add mixed-use asset in a high-demand, high-visibility corridor with long-term growth potential. BATVAI

MLS® Number20261015545

Locker

Ensuite LaundryNo

Balcony

Furnished

Laundry Level

Exposure

Exterior

GarageNo

Approx. Age1929

Stories

Pets

Included in Maintenance Fee

Heat

Hydro

Water

Building Insurance

Condo Taxes

Cable TV

Central Air

Parking Maintenance

Utilities

Heat

A/C

Heating Fuel

Extras

Price History

-End Date

Not Sold YetSold Price

For Sale

Mar 11, 2026List Date

$1,000,000List Price

Commute

Commute

Starting Address

Destination Address

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