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$425,000 USD
21710 29 Mile Rd
Ray Twp, Michigan 48096
USA
Ray Twp, Michigan 48096
USA
Commercial for Sale, Industrial
Land size: 0.263 ha ::
0.65 acres
Sale price per sqm: 0
Remarks:
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. We will consider all reasonable offers. Huge lot would allow plenty of space for expansion. Will consider all reasonable offers!
Features:
- Year Built: 1942
- Floors: Tile
- Utilities: Well, Septic tank
- Cooling System: Central AC
Location:
21710 29 Mile Rd, Ray Twp, Michigan 48096, USA
Listed By CENTURY 21 Professionals
The Commercial for Sale, Industrial located at 21710 29 Mile Rd, Ray Twp, Michigan 48096, USA is currently for sale. 21710 29 Mile Rd, Ray Twp, Michigan 48096, USA is listed for $425,000 USD. If the property located at 21710 29 Mile Rd, Ray Twp, Michigan 48096, USA isn't what you're looking for, search Michigan Real Estate to see other Commercial For Sale in Ray Twp.