$499,900

24821 5 Mile Road, Redford, MI 48239

  • 3,729 sqft
  • Property Icon Commercial Property
  • Property Year Built Icon Built in ——
  • Property Lot Size Icon8,712sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $134/sqft
  • Property List Date Icon Listed 21 days ago

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.

Listing Status:
Active
Date Added:
June 15, 2026
Data Last Updated:
July 7, 2026 at 7:45AM
Listing Office:
RE/MAX Team 2000 : 313-561-0900
Listing Agent:
Frank Alsaghir : 313-715-1000
MLS ID:
61002444
  • Appliances: Gas Water Heater
  • Heating: Forced Air
  • Roofing: AsphaltOther-See Remarks
  • General: BrickCrawlSlab
  • Road/Access: Paved
  • Originating MLS: MiRealSource
  • County: Wayne
  • Zoning: 20P22A3 22B E 81.15FT OF LOT 22 JAMES S BONANDEO SUB T1S R10E L78 P48 WCR
  • Water: PublicPublic Water at Street
  • Sewer: Public At Street
  • Source: MiRealSource

This listing courtesy of Frank Alsaghir , RE/MAX Team 2000

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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