Preferred REALTORS, Ltd
Thomas Dooley, Preferred REALTORS, LtdPhone: (734) 658-2211
Email: [email protected]
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listing
1 of 21
Commercial
$14,995,900
7410 Kercheval
Detroit, MI 48214
Listing Provided Courtesy of @Properties Detroit
MLS: Realcomp II Ltd
35,681Sq Ft
Est. Mortgage
$77,506/mo

Welcome to the Townsend on Kercheval! This 3-story new construction apartment building was completed in 2022 and is a great 6 cap investment in an opportunity zone! It holds a 15-year NEZ tax abatement which is transferable with the sale and freezes the taxes at a low rate. Located in the bustling Villages neighborhood, it hosts 9,000 square feet of prime retail space on the ground level and 24 for-lease apartments. All apartments are well appointed with hardwood floors throughout, open concept kitchens, large windows, and all units feature a Juliet or walk-out balcony. Parking for residents and the commercial space are directly behind the building. Townsend & Kercheval is located across the street from the Butzel playground and family recreation center and down the street from many new local f&b hot spots and shops. This prime location is close to downtown and the East Riverfront, with walkable access to historic Indian Village & West Village!

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IDX provided courtesy of Realcomp II Ltd. via Thomas Dooley and Realcomp II Ltd, ©2022 Realcomp II Ltd. Shareholders. Information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing and that the data is deemed reliable but not guaranteed accurate by the MLS.
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