23589 Van Born Road
Property Description
Rare mixed-use investment opportunity at the prominent corner of Van Born and Telegraph! This versatile property combines two commercial storefronts with two leased residential apartments, creating multiple income streams and plenty of flexibility for an investor or owner-user. The commercial level features two distinct spaces, each with its own character and established use. The hair salon offers a welcoming lobby, private restroom, and multiple individual suites, making the layout ideal for a salon, wellness business, professional services, or similar use. The second commercial space is currently being used as a photography studio, offering a large open area and its own private bathroom. Both storefronts provide excellent flexibility for continued use by the existing businesses or future ventures. Additionally, two residential apartments, with almost 1500 square feet apiece, provide additional income, each offering a spacious and open floor plan, 3-bedroom, 1-bath layout. Both units are currently leased, adding established residential income to the property's commercial potential. The sale also includes the neighboring garage and parking lot, providing valuable additional space for parking, storage, business operations, or future possibilities. With its highly visible corner location at Van Born and Telegraph, diverse tenant mix, and combination of commercial and residential spaces, this property offers an uncommon opportunity to build income from multiple uses within one property. Profit/expense sheet and recent improvements in attachments. Schedule your showing today! Also included is vacant lot which is parcel number 60006020880300.
Broker Details
Keller Williams Realty Novi Market Center (248) 380-8800
MLS ID: 305996
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | 2-4 Units |
| Price: | $650,000 |
| No. of Units: | 4 |
| Year Built: | 1953 |
| Lot Size: | 6,642.00 Sq ft |
| Opportunity Zone: | No |
| Price per unit: | $162,500 |
| Property Website | Click Here |
| Number of Bedrooms: | 6 |
| Number of Bathrooms: | 4 |
ID: 3yd-REALCOMPMI-20261066576
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