PALMER FIELD SUB Homes with On Street Garage description

PALMER FIELD SUB Homes with On Street Garage description

Welcome to Palmer Field Subdivision, a hidden gem nestled in the vibrant city of Detroit, Michigan. This charming community, located in Wayne County, offers a unique blend of suburban tranquility and urban convenience, making it an ideal place for families, young professionals, and retirees alike.

Palmer Field Sub is characterized by its beautifully maintained homes, many of which feature the coveted on-street garage, providing both practicality and aesthetic appeal. These garages not only enhance the curb appeal of the properties but also offer residents the convenience of easy access to their vehicles right from their front door. Imagine the ease of parking your car just steps away from your living space, especially during those chilly Michigan winters!

The subdivision is known for its friendly atmosphere, where neighbors become friends and community spirit thrives. Residents enjoy well-kept yards, tree-lined streets, and a sense of belonging that makes Palmer Field Sub a wonderful place to call home. The proximity to local parks, schools, and shopping centers adds to the appeal, ensuring that everything you need is just a short drive away.

Living in Palmer Field Sub means embracing a lifestyle that balances comfort and accessibility. Whether you're taking a leisurely stroll through the neighborhood, enjoying community events, or simply relaxing in your backyard, you’ll find that this subdivision offers a perfect retreat from the hustle and bustle of city life. Discover your dream home in Palmer Field Sub, where community and convenience come together beautifully!

Newest PALMER FIELD SUB Homes with On Street Garage description

$399,900
20261049924 MLS
Exceptional Value-Add Retail Investment Opportunity! Prime multi-tenant retail center strategically positioned along the highly traveled W. McNichols corridor, offering approximately 6,400 square feet across six storefronts with an established tenant base and significant upside potential. The property is currently 66% occupied, providing immediate cash flow while two vacant approximately 1,200 SF suites offer a clear path to increasing rental income and overall asset value. Recent capital improvements include new roofs on both buildings within the last five years, reducing near-term capital expenditures and enhancing long-term ownership stability. Tenants reimburse water, sewer, and trash expenses, helping preserve net operating income, while multiple leases extending through 2027 and 2028 provide dependable in-place cash flow. Positioned on a prominent road with outstanding visibility, excellent frontage, rear access, and strong daily traffic counts, the property offers outstanding exposure for retail, office, service, or owner-user occupancy. Whether you're expanding your investment portfolio, completing a 1031 exchange, or seeking a property with immediate income and measurable upside, this asset checks every box. Offered at an attractive basis well below replacement cost, this is an opportunity to acquire a stabilized neighborhood retail center spanning three parcels ( 22013026. , 22013027. & 22013028.001) with value-add potential in one of Detroit's busiest commercial corridors. Schedule your showing today!

16125-16135 W Mcnichols Rd, Detroit

Courtesy of Own It Realty 3133950000
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