# 15523 Mack Avenue, Detroit, MI 48224

> **TL;DR:** commercial, $1,000,000 ($97/sqft), built 1929, 10,344 sqft. Est. $4,333/mo. Listed 82 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $1,000,000 |
| Price/sqft | $97 |
| Square Feet | 10,344 |
| Year Built | 1929 |
| Lot Size | 7,405 sqft (0.17 acres) |
| Stories | 2 |
| Property Type | Commercial (Other) |
| Status | For Sale |
| Days on Market | 82 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $4,333 |
| **Total** | **$4,333** |

## Property Highlights

- Built in 1929
- 0.17 acre lot
- 2 stories

## Description

### 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

## Location

- **Address:** 15523 Mack Avenue, Detroit, MI 48224
- **County:** Wayne
- **Neighborhood:** More Than One Sub Involved

## Listing Agent

- **Name:** D'Asia P Taylor
- **Brokerage:** Golden Key Realty Group LLC
- **Phone:** 3132903716
- **Email:** dasiataylorp@gmail.com

## Primary Photo

![15523 Mack Avenue - Primary Photo](http://lh.rdcpix.com/4782d37e66c32ec75f4efc3c5f518d6fl-f3053380726r.jpg)

*29 total photos available on [listing page](https://www.propertysimple.com/listing/15523-mack-avenue-detroit-mi-48224-61015545)*

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**MLS#:** 20261015545 | **Updated:** 2026-06-19
**Source:** listhub

*Copyright © 2026 Realcomp Limited II. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.com/listing/15523-mack-avenue-detroit-mi-48224-61015545)

---

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