25846 W 7 Mile Road Active Save Request In-Person Tour Request Virtual Tour
Redford Twp,MI 48240
Key Details
Property Type Commercial
Sub Type Business And Real Estate
Listing Status Active
Purchase Type For Sale
Square Footage 3,260 sqft
Price per Sqft $59
MLS Listing ID 81025008614
Year Built 1925
Annual Tax Amount $3,068
Lot Size 6,098 Sqft
Property Sub-Type Business And Real Estate
Property Description
Prime mixed-use investment with 5 income-producing doors + billboard income! Three apartments (two studios & one 1-bed) offer below-market rents, providing great upside potential. Approx. 50 sq. ft. each, these units generate steady income. Two 800 sq. ft. commercial spaces rent for $800 each and can be combined into a 1,600 sq. ft. opportunity. Ideal for investors or owner-occupants--live/work potential or offset costs with rental income. Multiple income streams in a desirable location--don't miss this value-add opportunity!
Location
State MI
County Wayne
Area Redford Twp
Interior
Heating Forced Air,Space Heater
Exterior
Roof Type Other
Building
Foundation Slab
Sewer Public Sewer (Sewer-Sanitary),Storm Drain
Water Public (Municipal)
Structure Type Block,Frame,Vinyl,Wood
Schools
School District Redford Union
Others
Acceptable Financing Cash,Conventional,Lease
Listing Terms Cash,Conventional,Lease
Special Listing Condition Unknown/Data Share Listings