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About the Listing 105511 - RC373949,RC469457
Exceptional investment opportunity featuring an 8-unit commercial property comprised of two separate buildings, each containing four fully leased units. 24821 and 24865 5 Mile Rd. This well-maintained asset offers immediate and stable cash flow with 90% occupancy and established tenants in place. The property is strategically configured with two standalone 4-unit buildings, providing operational flexibility, and ease of management. Each unit is designed to accommodate a variety of commercial uses, making the property attractive to a diverse tenant base. With strong rental income, and minimal vacancy risk, this turnkey investment is ideal for investors seeking dependable returns and long-term appreciation potential. New roof added on both buildings in June/26.The property's layout, tenant mix, and income-producing performance make it a valuable addition to any commercial real estate portfolio.
Listing Highlights
Status
Active
Days on Site
4
Property Type
Commercial Sale
MLS ®
61002444
Year Built
19
Total Square Footage
3,729
Lot/Acreage
0.2
Interior Details
- Bedrooms: 0
- Bathrooms: 0 Full
- Appliances:
- Air Cond:
- Heating: Forced Air
- Fireplaces:
- Floor:
- Above Ground Sq Ft: 3729
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water: Public Water,Public Water at Street
Exterior Details
- Garage Capacity: N/A
- Lot Dimensions: 81.1X110
- Zoning: Commercial
- Roof: Asphalt,Other-See Remarks
- Others: Security Lighting
- Sewer: Public At Street
Financial Details
- Tax Amount: $8,282
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: N/A
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Years
% Down Payment
% Mortgage Rate
Questions About..
24821 5 Mile Redford, MI 48239
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