24821 5 Mile RD, Redford Charter Township, MI 48239
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24821 5 Mile RD, Redford Charter Township, MI 48239
24821 5 Mile RD, Redford Charter Township, MI 48239
24821 5 Mile RD, Redford Charter Township, MI 48239
24821 5 Mile RD, Redford Charter Township, MI 48239
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24821 5 Mile RD Redford Charter Township, MI 48239

3,729 SqFt


UPDATED:

Key Details

Property Type Commercial

Sub Type RealEstateOnly

Listing Status Active

Purchase Type For Sale

Square Footage 3,729 sqft

Price per Sqft $134

Subdivision James S Bonadeo Sub

MLS Listing ID 20261044796

Year Built 1958

Lot Size 8,712 Sqft

Acres 0.2

Property Sub-Type RealEstateOnly

Property Description

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.

Location

State MI

County Wayne

Area Area05031Redfordtwp

Interior

Heating Forced Air, Natural Gas

Cooling Central Air

Fireplace No

Exterior

Parking Features ParkingLot

View Y/N No

Roof Type Asphalt, Other

Garage false

Building

Foundation CrawlSpace, Slab

Sewer Public Sewer, Sewer At Street

Water Public, WateratStreet

New Construction No

Schools

School District Redford Union

Others

Senior Community false

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition ShortSaleNo, Standard


Realcomp MLS
Listed by Frank Alsaghir of RE/MAX Team 2000

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24821 5 Mile RD

Martin Samarco

Martin Samarco

Agent | License ID: 416205

+1(734) 373-9316

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