$1,000,000

15523 Mack Avenue – 48224

Detroit, Michigan 48224

Morningside Neighborhood

10000 Sq FT

$100.00 Price per Sq Ft

Highlights

About This Home

Directly across from Grosse Pointe, 15523 Mack Avenue presents a rare opportunity to acquire a 20-unit mixed-use asset in one of Detroit's most sought-after border markets. The property consists of 18 residential units and 2 commercial spaces positioned along the highly visible Mack Avenue corridor, offering investors immediate scale and significant value-add potential. Located just minutes from Downtown Grosse Pointe, Corewell Health Beaumont Grosse Pointe Hospital, and Downtown Detroit, the property sits in a proven corridor supported by strong residential demand, established commercial activity, and continued public and private investment. Investors have the opportunity to increase value through renovation, lease-up, rent growth, commercial occupancy, operational improvements, and overall repositioning of the asset. City-approved redevelopment plans are available for purchase separately, providing a head start for future redevelopment, expansion, or adaptive reuse initiatives. The property may be eligible for Brownfield TIF, OPRA, PILOT programs, SBA financing, and potential 4% LIHTC incentives, creating additional avenues to enhance project feasibility and returns. Opportunities to acquire a mixed-use asset of this size, location, and redevelopment potential are becoming increasingly difficult to find as replacement costs continue to rise and barriers to new development remain high. Combining Grosse Pointe adjacency, Detroit pricing, multiple income streams, redevelopment potential, and appreciation potential, 15523 Mack Avenue offers a compelling opportunity for investors seeking a scalable asset with upside in one of Detroit's strongest border-market locations. Seller may consider Land Contract terms for qualified buyers. Proof of funds and Hold Harmless Agreement required prior to scheduling a showing. All information deemed reliable but not guaranteed. Buyer and Buyer's Agent to verify all information and perform their own due diligence.

Listing Agent

Jay Naim

EXP Realty Main

Listed on : June 4, 2026

Co-Listing Agent

Fadi Dabaja

Activity

Days on Market:

Home Details

Home Type

CommercialSale

Est. Annual Taxes

$28,197

Year Built

Built in 1929

Lot Details

0.17 Acre Lot
Lot Dimensions are 100.14X72.64

Parking

Home Design

Interior Spaces

10,000 Sq Ft Home

Kitchen

Flooring

Bedrooms and Bathrooms

Laundry

Finished Basement

Home Security

Pool

Outdoor Features

Location

DetroitCity_Wayne, Michigan
Wayne County
Postal Code: 48224

Utilities

NaturalGas, Radiant, Steam
Water Source: Public
Sewer: PublicSewer

About the Showing Agent

Hassan Scheib

Own It Realty

313-395-0000

Contact Hassan

As a leading Real Estate investment broker, native Detroiter, and family man, Hassan Scheib commands a firm grasp of investing in the Detroit Metro area. His experience and native intuition have led him from success to success as he has overseen property sales, acquisitions, inspections, construction, and tenant placement. Hassan combines keen business acumen, finance know-how, transparency, and ethics with every deal, and he is skilled in Portfolio Sales, Investor Relations, Strategic Planning, Marketing & Management. Above all else, he understands that the client is at the center of the deal and knows how to listen to their needs, roll up his sleeves, and offer them first-class customized service. Committed and attentive, Hassan is always ready to dip into his expansive professional network, industry experience, care, and meticulous attention to detail to help clients reach their goals.

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