25846, 7 Mile, Redford, MI, 48240
$195,000
- 6 baths
Basics
- Date added: Added 4 weeks ago
- Category: Commercial Sale
- Type: Business
- Status: Active
- Bathrooms: 6
- Lot size: 0.14 sq ft
- Year built: 1925
- Bathrooms Full: 6
- Lot Size Acres: 0.14 acres
- Business Type: Other, Professional/Office, Professional Service, Distribution, Storage, Retail, Manufacturing
- County: Wayne
- MLS ID: 25008614
Description
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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!
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Location
- Directions: 7 Mile road, 1 block west of Beech Daly, on the North side.
Building Details
- Building Area Total: 3260 sq ft
- Number Of Units Total: 5
- Construction Materials: Vinyl Siding
- Sewer: Public Sewer
- Heating: Forced Air, Space Heater
- StoriesTotal: 1
- Foundation Details: Slab, Concrete Perimeter
- Number Of Buildings: 1
Amenities & Features
- Inclusions: Other, Real Estate
- Utilities: Phone Available, Natural Gas Available, Electricity Available, Phone Connected, Natural Gas Connected, Cable Connected, Water Available, Sewer Available, Storm Sewer, Broadband
- WaterSource: Public
Fees & Taxes
- Tax Assessed Value: $40,884
- Tax Year: 2024
- Tax Annual Amount: $3,068
School Information
- High School District: Redford Union
Miscellaneous
- Road Surface Type: Paved
- CrossStreet: 7 Mile and Beech Daly
- Listing Terms: Conventional, Cash
- Tenant Pays: Electricity, Gas
Ask an Agent About This Home
This Business style property is located in is currently Commercial Sale and has been listed on Tucker Benner Realty - Our Michigan Home. This property is listed at $195,000. It has bedrooms, 6 baths bathrooms, and is . The property was built in 1925 year.