Overview
- Industrial
- ********
- 3752
- 1942
Overview
- Industrial
- ********
- 3752
- 1942
Description
Welcome to this fantastic investment opportunity in a prime location! This 2-story 3 unit building features two spacious apartments upstairs, each 938 sqft with 2 bedrooms and 1 bath. The lower level is 1876 sqft currently being used as living quarters but can be reverted back to business use as store, retail, office and more, offering endless possibilities for additional income streams. Each unit provides a private entrance. Located in an area with high traffic counts and high visibility. This property is perfect for entrepreneurs looking to establish a business in a prime community. The apartments provide a steady rental income, making this property a lucrative investment for any savvy investor. CAP RATE 8% or more (current rent is well below area average). Land contract available. Huge lot would allow plenty of space for expansion. Will consider all reasonable offers!
Details
Updated on August 15, 2025 at 5:07 pm- Property ID: 50182364
- Price: $405,000
- Property Size: 3752 Sq Ft
- Land Area: 0.65 Acres
- Bedroom: ********
- Garage: Attached
- Year Built: 1942
- Property Type: Industrial
- Property Status: For Sale
Address
Open on Google Maps- Address 21710 29 Mile Road
- State/county Michigan
- Country US
Features
- Air Conditioning
- Central Air
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